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Highest Revenue Franchises 2026

Top 20 franchises by average gross revenue — Item 19 data only, from official FDD filings. High revenue is a starting point, not a conclusion. The revenue-to-investment ratio tells the complete story.

Updated April 2026 · Item 19 disclosures only · 20 brands shown

# Brand Avg Revenue Min Investment Rev/Inv Ratio Health
1 Chick-fil-A
QSR
$9.32M $427K 21.8x 74
2 Mr. Rooter Plumbing
Home Services
$7.76M $122K 63.5x 49
3 Jan-Pro
Home Services
$6.09M $130K 46.8x 74
4 Paul Davis Restoration
Home Services
$6.01M $299K 20.1x 89
5 Express Employment Professionals
Staffing
$5.98M $31K 193.2x 72
6 Culver's
QSR
$3.79M $2.6M 1.4x 94
7 Interim HealthCare
Home Services
$3.65M $156K 23.4x 59
8 Panera Bread
Food
$2.83M $1.3M 2.2x 74
9 Big O Tires
Automotive
$2.82M $512K 5.5x 67
10 Zaxby's
QSR
$2.78M $1.4M 1.9x 84
11 Applebee's
Food
$2.76M $2.9M 0.9x 64
12 Primrose Schools
Education
$2.73M $743K 3.7x 84
13 Pet Supplies Plus
Pet
$2.67M $537K 5.0x 89
14 Always Best Care Senior Services
Home Services
$2.63M $90K 29.3x 69
15 Home Instead
Home Services
$2.61M $91K 28.7x 79
16 The Woodhouse Day Spa
Personal Services
$2.51M $1.5M 1.7x 79
17 Crunch Fitness
Fitness
$2.51M $928K 2.7x 89
18 Bojangles
QSR
$2.44M $2.8M 0.9x 79
19 BrightStar Care
Home Services
$2.43M $132K 18.4x 88
20 The Goddard School
Education
$2.42M $953K 2.5x 89

Revenue Doesn't Mean What You Think It Means

Chick-fil-A's $9.3M average revenue leads the entire 151-brand database by a large margin — nearly $1.6M more than the #2 brand, Mr. Rooter Plumbing at $7.8M. But Chick-fil-A's franchise fee is $10,000 — the most operator-favorable deal in franchising — and the company retains ownership of the real estate, equipment, and store fixtures. You're not buying a $9.3M revenue business for $10K. You're paying $10K to operate a Chick-fil-A on Chick-fil-A's real estate, with Chick-fil-A retaining roughly 50% of profits. The revenue is real; the franchisee's share of it is not disclosed in Item 19 on a per-unit basis the way most brands present it.

The more useful number is the revenue-to-investment ratio: how much gross revenue does each dollar of minimum investment generate annually? A high ratio means your capital works harder. A low ratio means you've tied up significant capital to produce revenue that a smaller investment could generate elsewhere.

The Ratio That Matters More Than the Revenue Number

The most striking finding from the top-20 data: the brands with the highest gross revenue are not the most capital-efficient investments. Mr. Rooter Plumbing produces $7.8M average revenue on a $122K minimum investment — a 63.5x revenue/investment ratio that no QSR or food brand can match. Jan-Pro generates $6.1M on $130K minimum (46.8x). These are home services and commercial cleaning brands where the investment is primarily working capital and training, not real estate and equipment.

By contrast, Applebee's produces $2.76M revenue on a $2.94M minimum investment — a 0.94x ratio. You're investing more money than you'll generate in gross revenue in year one. Even at a 15% EBITDA margin (optimistic for casual dining), Applebee's takes nearly 7 years to pay back the minimum investment before debt service. The revenue headline ($2.76M) looks impressive; the capital structure makes it one of the worst-ratio investments in the database.

Capital efficiency comparison
Express Employment Professionals
$6.0M rev / $31K inv 193.2x
Mr. Rooter Plumbing
$7.8M rev / $122K inv 63.5x
Jan-Pro
$6.1M rev / $130K inv 46.8x
Always Best Care Senior Services
$2.6M rev / $90K inv 29.3x
Home Instead
$2.6M rev / $91K inv 28.7x
Interim HealthCare
$3.6M rev / $156K inv 23.4x
Chick-fil-A
$9.3M rev / $427K inv 21.8x
Paul Davis Restoration
$6.0M rev / $299K inv 20.1x
BrightStar Care
$2.4M rev / $132K inv 18.4x
Big O Tires
$2.8M rev / $512K inv 5.5x
Pet Supplies Plus
$2.7M rev / $537K inv 5.0x
Primrose Schools
$2.7M rev / $743K inv 3.7x
Crunch Fitness
$2.5M rev / $928K inv 2.7x
The Goddard School
$2.4M rev / $953K inv 2.5x
Panera Bread
$2.8M rev / $1.3M inv 2.2x
Zaxby's
$2.8M rev / $1.4M inv 1.9x
The Woodhouse Day Spa
$2.5M rev / $1.5M inv 1.7x
Culver's
$3.8M rev / $2.6M inv 1.4x
Applebee's
$2.8M rev / $2.9M inv 0.9x
Bojangles
$2.4M rev / $2.8M inv 0.9x

Gross vs. Net: Why Revenue Is a Starting Point

Every figure on this page is gross revenue — total customer-facing sales before any expenses. The franchisee's actual return depends on three variables the FDD either buries or doesn't disclose:

1. Royalty + advertising fund: the first cut off the top

On $2.8M Panera revenue at 5% royalty + 2.1% ad fund, the franchisee sends $197K/year to corporate before paying a single employee. McDonald's 4% royalty on historical $2.7M average revenue was $108K/year — but McDonald's also requires a $45K/month rent payment to the franchisor for real estate the franchisee doesn't own. At QSR revenue levels, the royalty stack is a six-figure annual payment that doesn't appear in the revenue headline.

2. Labor: the variable that swamps every other cost

In QSR (the highest-revenue category), labor typically runs 25-35% of revenue. On $2.8M Panera revenue, that's $700K-980K in wages, payroll taxes, and benefits. Add 30% for food costs, 10% for rent (if you own the lease), and 7% royalty+ad, and the EBITDA margin is 15-23% on a best-case basis. That's $420K-644K EBITDA on a $1.27M minimum investment — a 2-5 year payback that looks achievable in year 3-4 of a stable operation, but not in year 1 when you're also paying back the SBA loan that funded the build-out.

3. Home services revenue: the staffing caveat that changes everything

Mr. Rooter at $7.8M and Jan-Pro at $6.1M produce extraordinary revenue-to-investment ratios — but the Item 19 figure often represents a territory or master franchise's aggregate revenue, not a single-operator location. A Jan-Pro master franchisee at $130K investment is recruiting individual cleaning operators, managing their accounts, and taking a percentage of their billing. The $6.1M is the master territory revenue; the individual Jan-Pro unit owner operating 20 commercial accounts generates a fraction of that. Read the Item 19 footnotes carefully — these brands present revenue in ways that require close reading to understand the actual franchisee level of economics.

Highest Revenue by Category: Where the Volume Concentrates

Category median revenue (Item 19 brands only) reveals which segments structurally produce higher gross volume — and which categories are high-revenue by necessity because their investments are also high:

Category Median Revenue Brands
Staffing $6.0M 1
Senior Care $1.6M 3
Casual Dining $1.5M 1
QSR $1.5M 24
Automotive $1.3M 12
Home Services $1.2M 25
Hospitality $1.1M 1
Food $939K 15
Education $811K 7
Business Services $738K 5
Fitness $675K 12
Retail $667K 2
Real Estate $617K 1
Pet $547K 4
Personal Services $458K 10
Health and Wellness $328K 1

Home Services leads on median revenue not because the individual operator is more skilled, but because the category definition includes commercial cleaning master franchises and restoration contractors with project-based revenues that can run $500K-$1M per job. QSR is second — high-volume, fast-turn food service generates consistent throughput. Fitness and Personal Services sit lower because service capacity is constrained by the number of treatment rooms, chairs, or machines — a 10-chair salon can only do so many haircuts per day regardless of demand.

Methodology: Revenue figures are average gross revenue from Item 19 of each brand's most recent FDD filing in our database. Only brands that disclose Item 19 data are included (105 of 151 in our database). Revenue/investment ratio uses the minimum investment figure from Item 7. Ratios are for comparative purposes only and do not predict actual franchisee returns.