Friendly's Restaurants Franchise LLC

Friendly's Restaurants Franchise LLC

Not Ranked

Initial Investment

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

Change in Units

Fund Your Franchise with Guidant

Guidant Financal Learn how to invest your IRA or 401k into a franchise. ($50k min)

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

Related Franchises

Related Articles

4 Considerations for Entrepreneurs in the Minimum Wage Debate

4 Considerations for Entrepreneurs in the Minimum Wage Debate

If you're a small-business owner who hopes the fuss will die down after November -- it won't.
David Nilssen
20 Subway Facts That May Surprise You

20 Subway Facts That May Surprise You

From fashion shows to 11-inch 'footlongs,' these pieces of trivia may make your jaw drop enough to fit one of the restaurant's signature sandwiches.
Rose Leadem
Franchising's 4 Hottest Categories Offer Small Costs and Big Payoffs

Franchising's 4 Hottest Categories Offer Small Costs and Big Payoffs

As the cost of franchising continues to drop, motivated and cash-strapped entrepreneurs are paying their dues with sweat instead. Here are four of the year's hottest franchise categories that do more with less.
2 Artists Find Second Careers with a 'Paint and Sip' Franchise

2 Artists Find Second Careers with a 'Paint and Sip' Franchise

Using their knowledge and skills, this couple revamped their careers and finances.
2016 Top 100 Low Cost Franchises

2016 Top 100 Low Cost Franchises

The top 100 low-cost franchises, all for less than $60,000.
Tracy Stapp Herold

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

Reprints & Licensing
Update Your Listing
Submit New Listing

Regions/States List

More Franchise Rankings

Top Low-Cost Franchises

100 franchises for under $60,000

Top Homebased/Mobile Franchises

These 100 businesses can be managed from home

Fastest-Growing Franchises

These companies have shown rapid unit expansion over the last two years

Top New Franchises

The top 75 companies that began franchising in the last five years

Top Global Franchises

200 North American franchisors seeking international franchisees

For reprints and licensing questions, click here.

Previous Years Rankings

2016 2015 2014 2013 2012