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Freddy's Frozen Custard LLC

2012 Franchise 500
#307
At a Glance

Products & Services: Frozen custard, steakburgers, hot dogs

Number of Locations: 52

Total Investment: $395.5K - 835K

Founded: 2002

Began Franchising: 2004

Private Owned

Franchise Units

Year U.S. Canadian International Company Owned
2011 43 0 0 9
2008 22 0 0 5
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.

Startup Costs, Ongoing Fees and Financing

Total Investment: $395,500 - $835,000
Franchise Fee: $25,000
Ongoing Royalty Fee: 4%
Term of Franchise Agreement: 15 years, renewable
Financial Requirements
Net Worth: $850,000
Liquid Cash Available: $250,000
Operations
75% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 30. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 5 weeks.
Ongoing Support: Newsletter, Meetings, Field operations/evaluations, Purchasing cooperatives,
Other marketing support: Promotions

Franchise Ranking History

Franchise 500®: #307 (2012), #441 (2009),
Top New: #46 (2009),