Frequently Asked Questions
Q: How much is the Franchise Fee for a Freddy’s Frozen Custard and Steakburger restaurant?
A: The initial Franchise Fee for a single store is $25,000 with ongoing royalties of 4.5% of gross sales, and up to .5% as a marketing fund royalty.
Q: How much do I need to invest?
A: Excluding the cost of the real estate, expect to spend between $395,000 to $835,000. Exactly how much depends on what type of location you plan to open. It varies on the size of your store, actual construction cost, special lease provisos.
Q: What does a Franchise Agreement include?
A: It entitles you to own and operate a Freddy’s Frozen Custard and Steakburger restaurant, use of the trade name, trademarks, recipes, business methods, and décor scheme.
Q: What support can I count on during the initial steps after I sign the Franchise Agreement?
A: Specific areas of support include: Assistance on site selection, facility planning, layout, fixture and equipment specifications and ordering, in-store training of management personnel, advertising and marketing support, inventory training, Standard Operating Procedures, loaned copies of Construction and Operations Manuals, and continued field support.
Q: After all Franchise Agreements have been signed, how soon can I expect to open my store?
A: From 5 months to 1 year. This will vary depending on the location, leasing or buying the property, and the management structure of the approving parties.
Q: How many square feet are needed for my Freddy’s Frozen Custard and Steakburger restaurant?
A: From 2800 to 3600 square feet. This will depend on the location, demographics, cost of site, and prototype construction versus a retrofit building.