Top Rail Fence franchise research

Investment by format

Format-specific estimates only. Do not combine one format's minimum with another format's maximum.

Investment sourceFDD p.33 ↗

Franchise fees and ongoing costs

Franchise fee

$59,900 to $73,900 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review.

Royalty

6% · Greater of a blended 6%-4% of Gross Revenue or a Minimum Monthly Royalty Fee, due monthly

Marketing contribution

1% (basis not captured; see original filing)

Technology fee

$599 per month (can rise 25% per year)

Other fees

Call Center Fee 1.5% of Gross Revenue (may rise to 4%); Marketing Management Fee $500/month; Online Local Presence Fee $249/month

Working capital (FDD Item 7)

Additional Funds (3 Months): $30,000 - $60,000

Fees sourceFDD p.18 ↗

Working capital is drawn from Item 7. The Investment source below locates the investment section, not an independently verified working-capital scalar.

Investment sourceFDD p.33 ↗

Franchise fee sourceFDD · page not captured ↗

Financial performance: Item 19

Item 19 captured

Yes

Metric / basis

Accepted Contract Amount (accrual-based contracted sales) per franchise location, plus proposal conversion rate, job size, same-store-sales growth, and created proposal totals

Reporting period

Calendar year 2025 (Jan 1 - Dec 31, 2025; first-year vs second-year franchisees)

Sample

Second-year: 13 franchise locations (28 territories); first-year: 21 franchise locations (70 territories)

Reported average

$1,319,327

Reported median

$1,127,845

Owner income is not captured. Gross sales and EBITDA are not owner pay. Results depend on the disclosed metric, sample and period; consult the full filing.

Item 19 performance sourceFDD p.72 ↗

Unit growth: Item 20

Reporting year

2025

Scope

franchised outlets

Starting outlets

168

Year-end outlets

189

Net change

+21

Derivation

ending minus starting outlets

Openings

29

Terminations

9

Non-renewals

0

Other closures

0

Reacquisitions

0

Transfers

33

Transfers are not closures. Net change is ending minus starting outlets for the stated scope and year, or complete openings less terminations, non-renewals, other closures and reacquisitions. Missing inputs stay unknown.

Unit growth sourceFDD p.75 ↗

SBA loan history

Loan activity

27 approvals

Activity window

FY2021-FY2026 YTD; snapshot 2026-06-30

Median SBA loan

$210,000

Median loan window

FY2023-FY2026 YTD through 2026-06-30

Median loan sample

27 loans

Historical charge-off share

Suppressed: fewer than 10 seasoned loans

Cohort

7(a) FY2010-2019 approvals

Numerator / denominator

0 / 0

Formula

CHGOFF / (PIF + CHGOFF + EXEMPT) × 100

This is a historical loan-level share, not a franchise failure probability or location survival rate. Loan size is not total investment. Other loan statuses are excluded from the seasoned denominator. Activity combines 7(a) and 504 approvals, excluding canceled and not-funded records; this is not a rolling five-year count. FY2024-25 franchise tags are sparse after directory suspension; fewer tagged loans do not establish brand decline. Recent charge-off cohorts are immature.

SBA loans sourceSBA data · Jun 30, 2026 ↗

Median loan amounts are financing context, not startup cost. The median window is separate from the seasoned charge-off cohort.

Median SBA loan sourceSBA data · Jun 30, 2026 ↗

Questions before you invest

How much does Top Rail Fence franchise cost?

standard (single Franchised Business): $177,444 to $333,944 These are format-specific estimates, not a guaranteed cash requirement. Franchise fee: $59,900 to $73,900 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review..

Investment sourceFDD p.33 ↗

Franchise fee sourceFDD · page not captured ↗

How much do Top Rail Fence owners make?

Owner income is not captured. Gross sales and EBITDA are not owner pay. Item 19 metric: Accepted Contract Amount (accrual-based contracted sales) per franchise location, plus proposal conversion rate, job size, same-store-sales growth, and created proposal totals. Sample: Second-year: 13 franchise locations (28 territories); first-year: 21 franchise locations (70 territories). Period: Calendar year 2025 (Jan 1 - Dec 31, 2025; first-year vs second-year franchisees).

Item 19 performance sourceFDD p.72 ↗

What's the SBA charge-off rate for Top Rail Fence?

Suppressed: fewer than 10 seasoned loans; numerator / denominator: 0 / 0. Historical 7(a) FY2010-2019 approvals; CHGOFF / (PIF + CHGOFF + EXEMPT) × 100, snapshot 2026-06-30. This is not a franchise failure probability. Median SBA loan: $210,000; window: FY2023-FY2026 YTD through 2026-06-30; sample: 27 loans. Median financing is not total investment.

SBA loans sourceSBA data · Jun 30, 2026 ↗

Median SBA loan sourceSBA data · Jun 30, 2026 ↗