Top Rail Fence
Home Services · Handyman & Repairs
- Active units
- 167
- Avg unit volume
- $1.2M
- Royalty
- 7.0%
Franchised, year-end 2024
of weekly Net Sales
About Top Rail Fence
Top Rail Fence is a leading fencing franchise in the United States, providing high-quality fences for both residential consumers and businesses. With 35 locations in 6 states, Top Rail Fence is the go-to provider when it comes to reliable and durable fencing solutions. As the fastest-growing fencing franchise in the country, Top Rail Fence offers a range of products and services to meet the demands of its customers. Whether you need a fence for your home or business, Top Rail has you covered. They specialize in robust and durable fences that are built to last. When you invest in a Top Rail Fence franchise, you'll benefit from the HomeFront Advantage Systems, a franchise system with over 150 years of property service experience. With centralized lead generation and customer acquisition, supported by integrated technology and operational support, you'll have the tools you need to succeed. If you're looking for a franchise opportunity that allows you to make an impact in your local community, be a proud business owner, and generate multiple incomes, Top Rail Fence is the ideal choice. With their step-by-step ownership process and exceptional franchisee support, you can start building your future today. Contact Top Rail Fence to learn more about franchise ownership and take the first step towards a successful business venture.
Key terms
- Franchise fee
$60k
- Elevate to Owner Program Discount
Discount on Initial Franchise Fee for first unit: 10% (2 yrs), 15% (3 yrs), 20% (4 yrs), 25% (5+ yrs). Not combinable; first unit only.
- Brand fund
2.0% of Net Sales
- Local advertising
3.0% of Net Sales
- Footprint
1,000 – 1,500 sq ft
- Multi-Unit Offering - 2 Pack
$100k
- Multi-Unit Offering - 3 Pack
$135k
- Multi-Unit Offering - 4 Pack
$170k
- Multi-Unit Offering - 5 Pack
$195k
- Veteran discount
5000.0% off franchise fee — $5,000 off the Initial Franchise Fee for your first Franchised Business (one-time, qualifying veterans, 51%+ owned).
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2026 filing); filings on file: 2024, 2025, 2026.
Growth
- Total locations189
Franchised units open at year-end
- New openings29
Gross new units opened during the calendar year
- 1-year unit growth rate12.5%
Net unit growth versus prior year
- 3-year unit CAGR42.6%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio3.2×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$256k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open—
Midpoint of average time from agreement to opening
- Royalty rate6.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Location footprint
Showing 61 of 81 mapped locations
Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.