Johnny Rockets vs Freddy's Frozen Custard & Steakburgers Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Johnny Rockets vs Freddy's Frozen Custard & Steakburgers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$581,000 - $877,000 | $640,552 - $2,077,046 |
Franchise Fee |
$49,000 | $25,000 |
Royalty Fee |
5% | 4.5% |
Advertising Fee |
- | 3.75% |
Year Founded |
1986 | 2002 |
Year Franchised |
1987 | 2002 |
Term Of Agreement |
10 years w/two 5-year options | - |
Term Of Agreement |
10 years w/two 5-year options | - |
Renewal Fee |
- | 1/3 of Franchise Fee |
Business Experience Requirements |
Experience |
You and/or a business partner(s) must have at least two years restaurant owner/operator experience.
You and/or a business partner(s) must have a net worth of $500 thousand per unit, and available liquid capital of $200 thousand per unit, or more, (net worth of $1.5 million per unit, and available liquid capital of $500 thousand per unit, or more, outside of the U.S.), in order to qualify for development of up to five units.
Development of six units or more will be considered on a case by case basis, pending your net worth and available liquid capital.
| - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | -/- |
Start-up Costs |
No/No | -/- |
Equipment |
No/No | -/- |
Inventory |
No/No | -/- |
Receivables |
No/No | -/- |
Payroll |
No/No | -/- |
Training & Support |
Training |
- | On-The-Job Training: 140-150 hours
Classroom Training: 10-20 hours |
Support |
Meetings, Grand opening, Field operations/evaluations | Purchasing Co-ops
Newsletter
Meetings/Conventions
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform |
Marketing |
National media, Regional advertising | Ad Templates
Social media
SEO
Website development
Email marketing |
Operations |
Franchisees required to buy multiple units/master licenses; 95% of all franchisees own more than one unit Number of employees needed to run franchised unit: 48
- 53
Absentee ownership of franchise is NOT allowed. (98% of current franchisees are owner/operators) | - |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
No | - |
International Expansion |
Yes | Yes |
Company Overviews
About Johnny Rockets
Johnny Rockets is an international restaurant chain that offers the food, fun and friendliness of classic, timeless, feel-good Americana. Every Johnny Rockets restaurant serves simple, great-tasting food from a menu of all-American favorites, including our juicy hamburgers, crispy American Fries, classic sandwiches and rich, delicious hand-dipped shakes and malts. It's the place to go for friendly service, flavorful food, uplifting music and relaxed, casual fun.
With annual sales in excess of $300 million, Johnny Rockets is a time-tested brand with an extraordinarily high awareness level, a loyal customer base and a broad demographic appeal.
The all-American theme is one that has proven to be universal and that leaps across all geographic and cultural boundaries. It easily translates into any language and relates to the best concepts of America, around the globe. Throughout the world, people appreciate the stereotypical home-cooked goodness of classic comfort foods; smiling, outgoing service and a bright, clean, cheerful atmosphere.
About Freddy's Frozen Custard & Steakburgers
Much obliged to you for your enthusiasm for our establishment program. Joining the Freddy's family will unquestionably suit your longing to be a piece of one of the best business openings around. Freddy's offers you an approach to enter the universe of diversifying, work for yourself and settle on business choices that permit you the flexibility to receive the benefits of your own diligent work. We trust that the Freddy's framework offers extraordinary chances to potential establishment accomplices who have an unwavering and uncompromising duty to Guest friendliness and sustenance quality. We happily welcome you to research encourage into this one of a kind business opportunity. At Freddy's, solidified custard is such a mark some portion of the menu that it's incorporated into the name. Be that as it may, shockingly, the Freddy's story doesn't start with sweet. It began with a primary course back in the 1950's. Freddy used to treat family and companions to his own formula of an American exemplary he called "the steakburger." Today, thousands assemble at Freddy's for nourishment and partnership reminiscent of years past, a less complex time. Consider joining the future development of Freddy's, with numerous domains still accessible around the nation. Demonstrated idea, demonstrated pioneers, and YOU.
The total investment necessary to begin operation of a Freddy’s
Restaurant franchise ranges from $640,552 to $1,131,726 for an In-Line
Restaurant, $766,062 to $1,889,891 for an End-Cap Restaurant and
$1,101,922 to $2,077,046 for a Standalone Restaurant. This includes
$25,000 that must be paid to the franchisor. The initial development fee
will generally be the sum of $5,000 times the number of Restaurants to
be established, which will be payable upon signing of the Development
Agreement.
#67 in Franchise 500 for 2020.
#34 in Franchise 500 for 2021.