Freddy's Frozen Custard & Steakburgers vs la prep Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Freddy's Frozen Custard & Steakburgers vs la prep including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Freddy's Frozen Custard & Steakburgers Franchise
la prep Franchise
Investment $640,552 - $2,077,046$300,000 - $425,000
Franchise Fee $25,000$35,000
Royalty Fee 4.5%6%
Advertising Fee 3.75%-
Year Founded 20022010
Year Franchised 20022010
Term Of Agreement -10 years+5
Term Of Agreement -10 years+5
Renewal Fee 1/3 of Franchise Fee-


Business Experience Requirements

 
Freddy's Frozen Custard & Steakburgers Franchise
la prep Franchise
Experience -No related experience is necessary, just your desire to learn. We provide all the training and assistance you will need to operate your franchise.

Financing Options

 
Freddy's Frozen Custard & Steakburgers Franchise
la prep Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Freddy's Frozen Custard & Steakburgers Franchise
la prep Franchise
Training On-The-Job Training: 140-150 hours Classroom Training: 10-20 hours3-week training program provides hands-on experience covering all phases of operating your la prep franchise. You will receive Operations Manuals that cover everything from employee hiring and training to product preparation, management, advertising and business systems. The training continues with special on-site support by one of our training managers for 1 week for your restaurant opening.
Support Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform-
Marketing Ad Templates Social media SEO Website development Email marketing-
Operations --

Expansion Plans

 
Freddy's Frozen Custard & Steakburgers Franchise
la prep Franchise
US Expansion YesYes
Canada Expansion -Yes
International Expansion YesYes

Company Overviews

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.

"Entrepreneur

#67 in Franchise 500 for 2020.
#34 in Franchise 500 for 2021.



About la prep

la prep is a privately-owned Canadian restaurant franchising system. Our dedicated franchisees are hands-on owner/operators that are both personally and financially committed to their business, resulting in a maximized level of customer service. As we continue our expansion of the brand we are always searching for qualified individuals to join our franchise community.