Top Rail
Top Rail Fence franchises enable operators to sell, furnish, install, stain, and paint wood, steel, aluminum, vinyl, and other types of fencing, along with related garden products and approved services. Franchisees serve residential and commercial customers within designated territories using the proprietary TOP RAIL® brand, system, and standards. The franchisor's business model involves granting franchise rights to qualified individuals or entities, with options for single or multi-unit operations requiring initial investments between $161,444 and $297,444 for a single unit.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
Blended 6%-4% tiered royalty + 1% brand fund + $500/mo marketing management + $599/mo technology + $249/mo online local presence
Franchise Stats
Financial Performance
Item 19 Financial Performance
Data Based On: 20 Top Rail Fence franchisees operating in 71 territories that were operational and reported Revenue in all 12 months during the Measurement Period.
* Calculated weighted average gross revenue: (7 units × $2,228,190 + 7 units × $921,141 + 6 units × $496,677) / 20 total units = $1,251,268.95. Calculated weighted average gross profit margin: (7 units × 42.8% + 7 units × 33.0% + 6 units × 20.7%) / 20 total units = 32.74%. Average gross profit is calculated as weighted average gross revenue * weighted average gross profit margin = $1,251,268.95 * 0.3274 = $409,665.45.
Extracted Item 19 Section
How Top Rail Compares to Other Home Services Franchises
Key Insights
- Higher investment than 78% of Home Services franchises
- Higher than average SBA loan default rate in Home Services
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
Top Rail Current | $161K - $297K | $60K | 6.0% | 167 |
| MERRY MAIDS | $127K - $166K | $55K | 7.0% | 933 |
| HOLIDAY LIGHTING HEROES | $150K - $177K | $127K | 10.0% | 653 |
| SIGN GYPSIES | $4K - $5K | $1K | N/A | 587 |
| MOSQUITO AUTHORITY | $54K - $128K | $45K | 10.0% | 546 |
| Culligan | $130K - $814K | $40K | 2.0% | 460 |
Home Services Average 129 franchises | $144K - $289K | $53K | 7.0% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 129 Home Services franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
+13 more states
SBA Loan History
Historical SBA 7(a) loan data for Top Rail franchisees (2023 - 2025)
Loans by Year
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a Top Rail franchise?
The total initial investment to open a Top Rail franchise ranges from $161,444 to $297,444. This includes a franchise fee of $59,900. Ongoing royalty fees are 6.0% of gross sales.
How much revenue does a Top Rail franchise make?
According to the 2025 FDD, the average gross revenue for a Top Rail franchise is $1,251,268.95. The median revenue is $1,054,051.
How many Top Rail franchise locations are there?
As of the 2025 FDD, Top Rail has 167 franchise locations. The company has been franchising since 2022.
Can you get an SBA loan for a Top Rail franchise?
Yes, SBA loans are available for Top Rail franchises. Historical data shows 23 SBA 7(a) loans have been approved for Top Rail franchisees, with an average loan amount of $161,874. The historical default rate is 0.0%.
Is Top Rail a good franchise to buy?
Top Rail shows several positive indicators: established brand with 167+ locations, transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
Interested in Top Rail?
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