Freddy's Frozen Custard & Steakburgers
#51 Franchise 500| Frozen custard, steakburgers, hot dogs
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Freddy's Frozen Custard & Steakburgers
Frozen custard, steakburgers, hot dogs

About
Founded

2002

Franchising Since

2004 (15 Years)

Corporate Address

260 N. Rock Rd., #200
Wichita, KS 67206

CEO

Randy Simon

Financial Requirements
Initial Investment

$590,469 - $1,986,315

Net-worth Requirement

$850,000

Liquid Cash Requirement

$250,000

Ongoing Fees
Initial Franchise Fee

$25,000 - $25,000

Ongoing Royalty Fee

4.5%

Ad Royalty Fee

0.375%

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Ad Templates

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

225 hours

Classroom Training:

15 hours

Absentee Ownership Allowed
Number of Employees Required to Run:

30

Freddy's Frozen Custard & Steakburgers is ranked #51 in the Franchise 500!
Bio
Co-founded in 2002 by Scott Redler and Bill, Randy and Freddy Simon, Freddy's Frozen Custard & Steakburgers opened its first location in Wichita, Kansas, offering steakburgers, hot dogs, shoestring fries, and frozen custard that is freshly churned throughout the day. Today, more than 300 Freddy's restaurants serve 31 states across the U.S.
Cost
Initial Investment: Low - $590,469 High - $1,986,315
Units
+16.5%+44 UNITS (1 Year) +94.4%+151 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units worldwide.
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

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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: August 2nd, 2019