The whole Wendy's filing, read.

Quality Is Our Recipe, LLC's 2026 Franchise Disclosure Document, read for someone about to sign, with every figure cited to the page it came from.

Every fee. 41 rows for Wendy's: initial, royalty, advertising, technology, transfer, renewal, audit, late, termination. The brand page shows the two headline rates; the report shows all of them.
Item 19, decoded. What the filing says about unit revenue, and what it leaves out.
Three years of units. Openings, terminations, non-renewals, reacquisitions, transfers, and whether the filing's own totals foot.
Every lawsuit, in plain words. Item 3 and Item 4, one line per matter.
Territory, renewal, transfer, termination. What is protected, what it costs to renew or sell, what they can terminate you for, and the non-compete.
The questions to ask existing franchisees that this filing's own numbers raise.

From the report · every fee · the first 7 of 41 rows

Training Fee	$5,000	p. 16
Franchise Flip Technical Assistance Fee	$25,000 per restaurant	p. 18
Consent to Collateral Assignment	$5,000 (one restaurant) or $10,000 (multiple)	pp. 18, 22
Franchise Flip — Pre-Offer Advisory Fee	$25,000	p. 19
Franchise Flip — Offer Preparation Fee	$12,500 per additional affected restaurant	p. 19
Reinstatement after expiration	New Technical Assistance Fee of $50,000	p. 22
Costs and Attorney's Fees	"Will vary"	p. 19

This is a summary of a public filing, not legal advice. Take the filing to a franchise attorney before signing. The free brand page stays free; the report is the rest of the document.