KFC US LLC vs Freddy's Frozen Custard & Steakburgers Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of KFC US LLC 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 |
$1,008,550 - $2,771,500 | $640,552 - $2,077,046 |
Franchise Fee |
$45,000 | $25,000 |
Royalty Fee |
4-5% | 4.5% |
Advertising Fee |
5% | 3.75% |
Year Founded |
1930 | 2002 |
Year Franchised |
1952 | 2002 |
Term Of Agreement |
20 years | - |
Term Of Agreement |
20 years | - |
Renewal Fee |
$4.9K | 1/3 of Franchise Fee |
Business Experience Requirements |
Experience |
Industry experience General business experience Marketing skills | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/Yes | -/- |
Start-up Costs |
No/Yes | -/- |
Equipment |
No/Yes | -/- |
Inventory |
No/Yes | -/- |
Receivables |
No/Yes | -/- |
Payroll |
No/Yes | -/- |
Training & Support |
Training |
On-The-Job Training: 6 weeks
Classroom Training: 2 days
| On-The-Job Training: 140-150 hours
Classroom Training: 10-20 hours |
Support |
Purchasing Co-ops
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
| 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
Social media
SEO
| Ad Templates
Social media
SEO
Website development
Email marketing |
Operations |
Franchisees required to buy multiple units/master licenses
Absentee ownership of franchise is NOT allowed. | - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
No | - |
International Expansion |
Yes | Yes |
Company Overviews
About KFC US LLC
His recipe is still a secret, but more than 2 billion of Colonel Harland Sanders' 'finger lickin' good' chicken dinners are served annually in more than 82 countries around the world. Nearly 50 years ago, Colonel Sanders set out to sell complete meals to time-strapped families, calling his home meal replacements 'Sunday Dinner, Seven Days a Week.' Acquired by PepsiCo in 1986, KFC is now a part of Yum! Brands Inc., which includes A&W, Long John Silver's, Taco Bell and Pizza Hut.
The total investment necessary to begin operation of a newly constructed
KFC outlet ranges from $1,442,600 to $2,771,550. This includes $45,000
to $50,000 that must be paid to KFCLLC or its affiliates.
The total
investment necessary to begin operation of a reopened or remodeled
former KFC outlet, or converted KFC outlet ranges from $1,008,600 to
$2,221,550. This includes $45,000 to $50,000 that must be paid to KFCLLC
or its affiliates.
KFCLLC also offers multi-unit development opportunities. The total
investment necessary to begin exercising development rights is estimated
to be $135,000 to $540,000 (based on the expectation that you will
develop 3 to 12 outlets during the term of the development agreement),
determined by multiplying the number of new outlets you agree to develop
by $45,000, all of which must be paid to KFCLLC.
The total investment necessary to begin operation of a KFC
non-traditional outlet ranges from $241,100 to $996,000. This includes
$12,100 to $17,100 that must be paid to the licensor or its affiliates.
#13 in Canada's Top franchises.
#26 on Franchise Rankings.com
#24 in Franchise 500 for 2020.
#25 in Franchise 500 for 2021.
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.