McDonald's franchisees average $4M in annual sales with a $1.5-2.6M investment. Chick-fil-A averages $1.9M in sales—but the franchisor owns the real estate and takes a larger revenue share.
McDonald's franchisees average $4M in annual sales with a $1.5-2.6M investment. Chick-fil-A averages $1.9M in sales—but the franchisor owns the real estate and takes a larger revenue share.
Fast food franchise investments range from $200K for emerging concepts to over $2M for established QSR brands. The economics vary significantly: some franchisors own the real estate and take larger revenue shares, while others require higher upfront investment but charge lower ongoing fees.
This analysis covers 146 fast food franchises using data from their Franchise Disclosure Documents—total investment requirements, royalty and fee structures, disclosed unit volumes, and franchisee retention rates. The fee burden as a percentage of gross sales varies widely between brands.
Data source: 2025 FDD filings · 146 franchises analyzed · Updated January 2026
This page ranks fast food franchises by total locations, reported revenue from Item 19, projected growth, and minimum investment. Fast food is capital-intensive—most established brands require $500K-2M+. Fee structures vary significantly, with some franchisors taking real estate ownership in exchange for lower upfront costs.
| Franchise | Investment | Fee | Locations | Revenue |
|---|---|---|---|---|
| Subway | N/A | $15K | 20,133 | - |
| Burger King | $2.1M - $4.7M | $50K | 19,732 | $1.6M |
| MCDONALD'S | $1.5M - $2.6M | $45K | 12,772 | $4.0M |
| POPEYES LOUISIANA KITCHEN | N/A | $50K | 4,979 | $1.9M |
| AFC | $45K - $151K | $6K | 3,572 | - |
| SONIC DRIVE-IN | $1.7M - $3.1M | $15K | 3,441 | $1.6M |
| JERSEY MIKE'S | N/A | $20K | 2,955 | $1.3M |
| NOBLE ROMAN'S PIZZA | N/A | N/A | 2,871 | - |
| JIMMY JOHN'S | $366K - $728K | $35K | 2,647 | $986K |
| HISSHO SUSHI; OUMI SUSHI; SUSHI WITH GUSTO | N/A | $8K | 2,389 | - |
Ranked by net income, EBITDA, or owner earnings from Item 19 FDD disclosures. Not all franchises disclose profit data.
Ranked by average gross revenue per location from Item 19 FDD disclosures.
Ranked by projected new locations from Item 20 of their FDD filings.
Ranked by minimum initial investment from Item 7 of their FDD filings.
| Franchise | Investment | Fee | Locations | Revenue |
|---|---|---|---|---|
| MAI SUSHI BARS | $17K - $76K | $5K | 168 | - |
| Bento Sushi | $22K - $162K | $50K | 62 | - |
| CHESTER'S | $28K - $302K | $4K | 994 | - |
| FUJISAN ASIAN BAR KIOSKS | $28K - $104K | $4K | 742 | - |
| Omari Kiosks | $28K - $109K | $4K | 0 | - |
Fast food suits buyers with significant capital ($500K-2M+) who want established brands with proven systems. Most QSR franchises require multi-unit commitments and can be run semi-absentee with strong management. First-time buyers should expect hands-on involvement for 1-2 years.
Browse all fast food franchises in our database with advanced filters for investment range, location count, and more.
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