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Updated RecentlyFreddy's Frozen Custard & Steakburgers vs Hummus & Pita Co Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Freddy's Frozen Custard & Steakburgers vs Hummus & Pita Co including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $640,552 - $2,077,046 | $409,000 - $734,500 |
| Franchise Fee | $25,000 | $40,000 |
| Royalty Fee | 4.5% | 6% |
| Advertising Fee | 3.75% | 3% |
| Year Founded | 2002 | 2011 |
| Year Franchised | 2002 | 0 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | 1/3 of Franchise Fee | - |
Business Experience Requirements |
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| Experience | - | Prospective franchisees must meet the minimum requirements listed below in order to be considered for a Hummus & Pita Co. franchise. * $1MM net worth * $500K liquid capital available for investment * Willing to develop a territory of at least 5 Units * Ready to begin territory development within the next 3 months |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | On-The-Job Training: 140-150 hours Classroom Training: 10-20 hours | - |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | The Hummus & Pita Co. is committed to quality and consistency at every location and has developed systems which make duplicating the famous recipes and flavors easy for franchisees. We use best-in-class partners to guarantee product consistency and distribution to all restaurants. Additional support provided to franchisees includes: * Real Estate/Site Selection * Store Build-Out/Construction * Training Systems * Operational Support * Recipe and Menu Development * Marketing and Brand Building * Vendor and Equipment Selection * Point of Sale System * Pre-Opening/Grand Opening Support * Business Consulting |
| Marketing | Ad Templates Social media SEO Website development Email marketing | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | Yes | - |
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.
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#67 in Franchise 500 for 2020.
#34 in Franchise 500 for 2021.
About Hummus & Pita Co
Hummus & Pita Co. is the largest and fastest growing Mediterranean
fast casual restaurant. Hummus & Pita Co. Serves 100% homemade, fresh,
innovative, and health-focused Mediterranean cuisine in an inviting and
contemporary environment. High quality, authentically flavorful ingredients blend to
create complex, indulgent, and guilt-free flavors with a modern-American
service style.
When you enter The Hummus & Pita Co., you’ll be greeted by the aroma of freshly baked Pita
and Laffa bread (flatbread baked in a taboon oven) wafting through the air. Executive chef Jose
Tapia's menu draws its inspiration from across the Mediterranean and beyond, with nods to
Greece, Israel, Morocco and the Middle East. Fresh ingredients inspire daily specials, and
everything served at The Hummus & Pita Co. is made from scratch onsite.