Friendly's Restaurants Franchise LLC

Friendly's Restaurants Franchise LLC

Not Ranked

Initial Investment

LOW: $147,600
HIGH: $1,979,350

Change in Units

Promoted Opportunities

Company Profile

Founded

1935

Franchising Since

1996 (20 Years)

Corporate Address

1855 Boston Rd. Wilbraham, MA 01095

CEO

Harsha Agadi

About Friendly's Restaurants Franchise LLC

In Springfield, Massachusetts at the height of the Great Depression in 1935, 20 year-old Prestley Blake and his 18 year-old brother Curtis opened an ice cream shop called �Friendly� that served double-dip cones for 5 cents. The brothers opened a second shop five years later in West Springfield, Massachusetts and added food to the menu. Within a decade, locations opened throughout western Massachusetts and Connecticut.

Financials

Financial Requirements

Initial Investment

$147,600 - $1,979,350

Net-worth Requirement

$1,500,000

Liquid Cash Requirement

$650,000

Ongoing Fees

Initial Franchise Fee

$15,000 - $35,000

Ongoing Royalty Fee

4%

Ad Royalty Fee

2.5-3.5%

Financing Options

Friendly's Restaurants Franchise LLC has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment

Franchise 500® Rank History

Highest Rank: 103

Lowest Rank: 433

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units in the following regions/states:
See List

Operations & Franchisor Support

Training at headquarters: 12 weeks

Ongoing Support
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Ad Slicks
Regional Media

Absentee Ownership Allowed

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: November 5th, 2014

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