Franchise: Freddy's Frozen Custard & Steakburgers

Initial Investment
LOW:$606,288
HIGH: $1,182,193
Change in Units
+46.3% +74 UNITS (1 Year)
+146.3% +139 UNITS (3 Years)

Ongoing Support
Newsletter
Meetings
Grand Opening
Internet
Security
Field Operations
Marketing Support
Co-op Advertising
Ad Slicks

Training Onsite: 7 days

Training at headquarters: 28 days

Absentee Ownership Allowed

Number of employees required to run: 30

About Freddy's Frozen Custard & Steakburgers

Freddy's Frozen Custard is named for WWII veteran Freddy Simon, whose sons teamed with experienced restaurateur Scott Redler to open the first Freddy's in his hometown of Wichita, Kansas, in 2002. The company began franchising in 2004. Freddy's restaurants serve steakburgers, hot dogs and frozen custard.

Founded

2002

Franchising Since

2004 (13 Years)

Corporate Address

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

CEO

William Simon

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S.

Financial Requirements

Initial Investment

$606,288 - $1,182,193

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

0.25%

Financing Options

Freddy's Frozen Custard & Steakburgers has relationships with third-party sources which offer financing to cover the following: 
startup costs, equipment, inventory

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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: July 20th, 2017

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