Answers to your frequently asked franchising questions.
First and foremost, we seek out potential Franchise Owners who are truly nice human beings and love our food and brand. Having previous restaurant and multi-unit development experience is also essential to join our Freddy’s Family.
Candidates looking to open a new Freddy’s restaurant franchise must have $250,000 in liquid assets available for investment and a collective minimum net worth of $850,000. See What It Takes.
Excluding the cost of the real estate, the estimated initial investment ranges from $640,552 to $2,077,046, depending on the size of your restaurant, actual construction cost, permit requirements and special lease provisions, if any.
The initial franchise fee for a single restaurant is $25,000, with ongoing royalties of 4.5% of gross sales and an ad royalty fee of 0.375%. Please request a copy of our company Franchise Disclosure Document for a complete listing of all fees and expenses. International fees may vary. See What It Takes.
While it will vary from location to location, Freddy’s had a healthy $1.68M AUV in 2020. Thanks to a menu that has something for everyone, a consistent support team, and brand values that prioritize our Guests’ comfort and experience, you’ll be in a good position to thrive with your Freddy’s investment.
The franchise agreement entitles you to own and operate a Freddy’s Frozen Custard & Steakburgers restaurant, use of the trade name, trademarks, recipes, menu, business methods and décor scheme.
Franchise opportunities are always changing but currently remain in areas across the U.S., including Florida and states in the Northeast, West Coast and Upper Midwest. See Territories.
Yes! We are currently seeking experienced restaurant operators in top markets across the globe. Our first international locations opened in Dubai in 2019. See Territories.
We generally expect a restaurant to open in 8-18 months, depending on the location, demographics and prototype construction, as well as whether you are leasing or buying the property.
Our Franchise Owners receive extensive support and training to ensure they’re positioned for success and growth from the start. Specific areas of support include:
- Assistance offered from Freddy’s real estate team with site selection, facility planning, restaurant layout, and fixture and equipment specifications and ordering
- Comprehensive in-restaurant training program for management personnel
- Advertising and marketing guidance, including pre- and post-opening public relations support for the Freddy’s brand in your market
- Creation and support of all social media profiles and presence.
- Operations and training support
- Continued field support and ongoing guidance consultation from the Freddy’s team following restaurant opening
We generally expect five or six management personnel per restaurant location. The actual number of management personnel you use will depend on many factors, including your future development schedule, training and sales volumes.
If you are an experienced restaurant operator, are passionate about our brand culture, service and hospitality, and you meet our minimum financial requirements, please complete and submit our Franchise Information Request Form.
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