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Entrepreneur: Start & Grow Your Business

Freddy's Frozen Custard LLC

Frozen custard, steakburgers, hot dogs

Background

Founded: 2002 Franchising since: 2004
1445 N. Rock Rd., #210
Wichita, Kansas 67206
Phone:
(316)260-8282


Franchisor is a privately-held company with 6 employee(s)

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2008 22 0 0 5
2007 11 0 0 5
2006 6 0 0 4
2005 3 0 0 3

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Southwest, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Exclusive territories available.
Territory size: Less than 20,000 population

Costs and Fees

Total investment: $332K-788K
Franchise fee: $25K
Ongoing royalty fee: 4%
Term of agreement: 15 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $850K
Cash liquidity requirement: $250K
Business Experience:
  • General business experience

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)

Training and Support

Training
  • Available at headquarters: 5 weeks

Ongoing Support
  • Newsletter
  • Meetings
  • Field operations/evaluations
  • Purchasing cooperatives

Other marketing support
  • Promotions

Rankings

Franchise 500® rank:
#441 (2009);

Top New Ranking:
#46 (2009);