CHARLEYS vs Subway
Side-by-side figures from each brand's latest FDD Item 20 as we extracted them; verdicts are our opinion under the published methodology, and the source filing and year are on each brand's profile. Green marks the more favorable metric (lower for distress), not a recommendation to buy.
Units · latest run
+8.5% (2023–2025)
Net unit change
-6.8% (2023–2025)
Fair
Exit quality
Fair
Strong
Transfer / churn
Fair
1.0× expected (15 of 89)
SBA losses vs same-year loans
0.4× expected (335 of 4908)
—
Distress
—
$24,500
Franchise fee
$15,000
$203K–$1.0M
Investment range
$263K–$630K
6%
Royalty
8%
Disclosed
Earnings (Item 19)
Not disclosed
CHARLEYS
Subway
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