As a Franchisee, you will operate a restaurant featuring the retail sale of steakburgers, hot dogs, and frozen custard under the "FREDDY’S FROZEN CUSTARD & STEAKBURGERS" name and mark ("Freddy’s Restaurant" or "Restaurant").
Company Background
Freddy's is a franchised fast-food restaurant that sells hamburgers, hot dogs and frozen custard. Freddy's was founded in 2002 by Scott Crane who saw the opportunity to make an ice cream sandwich with a hamburger. Today there are over 300 locations across the United States and Canada.
Franchise Opportunity
If you want to own and operate your very own restaurant, but don't have the capital or experience to do it on your own. We can help. Freddy's is a fast growing franchise that offers an affordable way for you to get into this exciting business opportunity. Our system will allow you to run a successful restaurant with little risk and no previous experience necessary. Join our team today! As one of our valued franchisees, we will provide you with everything needed to start operating your very own Freddy's Restaurant including training and development programs, marketing support, operational tools & resources, access to best practices & systems as well as ongoing operational support from our experienced staff members who are fully dedicated in making sure that you succeed!
Corporate Structure
Freddy’s, L.L.C. a Kansas limited liability company, was organized on October 17, 2003. Their principal business address is 260 North Rock Road, Suite 200, Wichita, Kansas 67206. They began franchising Restaurants in 2004.
Earnings Transparency
10 /10
This Franchise discloses far more about the financial performance of their franchisees compared to other franchises in the same industry.
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Financial Performance of "Stand Alone Drive-Thru" Units
Average Revenue Per Unit
Compared vs. Restaurants (Sit-Down) Industry
$1,810,787 / unit
Franchise Type: Stand Alone Drive-Thru
Average Revenue During 2022
$1,810,787
$363,445 Industry Low
$3,377,231 Industry High
Financial Performance of "End Cap Drive-Thru" Units
Average Revenue Per Unit
Compared vs. Restaurants (Sit-Down) Industry
$1,719,322 / unit
Franchise Type: End Cap Drive-Thru
Average Revenue During 2022
$1,719,322
$363,445 Industry Low
$3,377,231 Industry High
Financial Performance of "No Drive-Thru" Units
Average Revenue Per Unit
Compared vs. Restaurants (Sit-Down) Industry
$1,194,301 / unit
Franchise Type: No Drive-Thru
Average Revenue During 2022
$1,194,301
$363,445 Industry Low
$3,377,231 Industry High
Franchisee Attrition
10 /10
This franchise's rate of attrition in 2023
of 0.00%
was
Lower
than the 2% in the Restaurants (Sit-Down) industry. Generally speaking, a higher rate of attrition represents a less stable franchise system and a lower rate of attrition indicates a more successful system
What's Included in franchise attrition?
We define the franchisee attrition rate as the sum of terminations, re-acquisitions by
franchisor, non-renewals, and ceased operations, divided by the number of outlest at the start of the year.
It is a strong indicator of the strength of the underlying operating model
Franchise Types Available
#
Type
Investment
Fees
Employee Contact Database
#
Name
Position
Phone Number
Email Address
Franchise Disclosure Documents
FDD
Effective Date
Distribution of Freddy's Frozen Custard & Steakburgers Franchisees
Freddy's Frozen Custard & Steakburgers Franchise System Development in 2021
Historical Franchisee Revenue
FAQ
How much investment do I need to start my own Freddy's Frozen Custard & Steakburgers business?
Franchisees typically require at least
$794,254 to
$1,664,500 investment to get their
Freddy's Frozen Custard & Steakburgers business started
What are the initial franchise fees for Freddy's Frozen Custard & Steakburgers?
Franchisees typically need to pay at least
$30,000 in fees directly to
Freddy's Frozen Custard & Steakburgers in order to earn the right to launch their business
How much money can I make with a Freddy's Frozen Custard & Steakburgers franchise? What are
the average revenues for a typical Freddy's Frozen Custard & Steakburgers business?
We estimate that the average revenue of an individual
Freddy's Frozen Custard & Steakburgers unit is approximately
$1,810,787. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a Freddy's Frozen Custard & Steakburgers unit? What
is my contractual commitment?
Freddy's Frozen Custard & Steakburgers franchisees are typically required to sign up to a
15 year contract initially. The renewal length
is 15 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
5 /10
The Franchisor's investment costs ranges from
$925,000 to $1,664,500
which is
Much Lower
than the $931,012 to $1,843,346 average in the Restaurants (Sit-Down) industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
Franchises in the Same Industry
Popular Franchises
Is this your Franchise?
Update your profile with photos, videos, useful information, and start connecting with prospective franchisees today
Franchisor name
Industry
Number of Franchise Units
Franchising Status
Initial Investment (Min)
Initial Investment (Max)
Franchisee Fee (Min)
Franchisee Fee (Max)
Number of Lawsuits
Number of Director Bankruptcies
Year Founded
Contact Method
US State
Year Updated
