Freddy’s Frozen Custard & Steakburgers

Thinking of investing in a Freddy’s Frozen Custard & Steakburgers franchise? We think it’s a great opportunity for anyone looking to open a business with an experienced franchisor behind them. Founded in 2002, Freddy’s Frozen Custard & Steakburgers specializes in Frozen custard, steakburgers, hot dogs. As a Ice Cream franchise, Freddy’s Frozen Custard & Steakburgers has grown to include over 386 (as of 2020) units since they began franchising in 2004 (17 years). It costs an estimated $640,552 – $2,077,046 to open a Freddy’s Frozen Custard & Steakburgers franchise.

About Freddy's Frozen Custard & Steakburgers

Freddy’s was co-founded in 2002 by Scott Redler, Bill and Randy Simon and named after Bill and Randy’s father, Freddy Simon, a Purple Heart, World War II Veteran from Wichita, Kansas. Freddy Simon’s family values, huge heart and patriotic service are the foundation of our fast-casual restaurant concept.

At Freddy’s, frozen custard is such a signature part of the menu that it’s included in the name. But surprisingly, the Freddy’s story doesn’t begin with dessert. It all started with a main course back in the 1950’s. The savory steakburger is inspired by the 50’s style staple and reminiscent of an era focused on quality, cooked-to-order meals that bring families and loved ones together.

Together, we created a brand focused on quality, hospitality, cleanliness and timeless traditions. We imagined a restaurant reminiscent of the late 1940s and early 1950s that featured a key brand icon: Freddy. Today, our restaurants from coast-to-coast serve a simple menu honoring the All-American meals Freddy made for his family.

About Freddy

Freddy grew up on a farm near Colwich, Kan., and signed up for the infantry in the U.S. Army at the first opportunity. After years of fighting in places around the Pacific Rim during World War II, Freddy earned the Purple Heart and the Bronze Star for his service and returned home safely. Following World War II, he worked hard for 56 years while raising his family. Freddy participated in Veterans groups and World War II memorial events across the United States before his passing in 2020. Freddy believed he was “the luckiest man in the world.”

Today, thousands gather at Freddy’s for food and fellowship that fills their stomach and warms their soul.

Company Founded

2002

Current Leadership

Randy Simon, President & CEO

Started Franchising

2004 (17 years)

Total Number of Units

386 (as of 2020)

Part-Time / Full-Time

Full Time

How Much Does It Cost To Open A Freddy’s Frozen Custard & Steakburgers Franchise?

There are several costs associated with opening a Freddy’s Frozen Custard & Steakburgers franchise. There is typically a franchise fee set by the franchisor, which covers the costs of opening a franchise location. Some other commons fees include equipment fees, marketing fees, licensing fees, insurance, and taxes, to name a few.

Some franchises may have a weekly fee that the franchisee pays for operating a Freddy’s Frozen Custard & Steakburgers franchise. The weekly fee for opening a Freddy’s Frozen Custard & Steakburgers franchise is Royalty Fee Charged Weekly.

The full breakdown of these fees can be found in the Financial Disclosure Document (FDD) provided to franchisees by the franchisor. The FDD report will contain additional information such as whether the franchise is renewable (Freddy’s Frozen Custard & Steakburgers Is Renewable) and does the franchise offer financing support (Freddy’s Frozen Custard & Steakburgers Freddy’s Frozen Custard & Steakburgers offers no financial support).

Freddy's Frozen Custard & Steakburgers Company Details

Here are some additional details about Freddy's Frozen Custard & Steakburgers.

Initial Investment	$25,000
Net Worth Requirement	$850,000
Royalty Fee	4.50%
Ad Royalty	0.38%
Cash Requirement	$250,000
Term of Agreement	15 years
Absentee Ownership	No
Run from Home	No
Part Time	No

Training and Support Offered By Freddy’s Frozen Custard & Steakburgers

Freddy’s Frozen Custard & Steakburgers offers several support options to its franchisees. With 386 (as of 2020) units, Freddy’s Frozen Custard & Steakburgers aims to provide support to each franchise owner to help them operate a successful franchise location. Freddy’s Frozen Custard & Steakburgers offers 348 hours on the job training, 67 hours classroom training, and No additional training.

Training and Support Offered

Here are the support options offered by Freddy's Frozen Custard & Steakburgers.

On-The-Job Training	348 hours
Classroom Training	67 hours
Additional Training	No
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 National Media Regional Advertising Marketing Planning & Support Social Media SEO Website Development Email Marketing Loyalty Program/App

Is Freddy’s Frozen Custard & Steakburgers Right For You?

Freddy’s Frozen Custard & Steakburgers has gone digital! Here are all of the ways you can find Freddy’s Frozen Custard & Steakburgers online. Oftentimes, you can reach out to current franchisees of Freddy’s Frozen Custard & Steakburgers online. Current franchisees may be able to offer personalized insights into what it is like owning a Freddy’s Frozen Custard & Steakburgers franchise and offer tips to running a successful Freddy’s Frozen Custard & Steakburgers franchise location.

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Why Should You Start a Freddy’s Frozen Custard & Steakburgers Franchise?

Investing in a Food franchise such as Freddy's Frozen Custard & Steakburgers can kickstart your franchise portfolio. Our goal at Why Franchise is to provide you with the resources needed to be a successful franchise owner. Fill out the form below to get more information about Freddy's Frozen Custard & Steakburgers franchise and we'll be in touch soon!

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