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Updated RecentlyMcDonald's vs Freddy's Frozen Custard & Steakburgers Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of McDonald's 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 |
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| Investment | $1,314,500 - $2,306,500 | $640,552 - $2,077,046 |
| Franchise Fee | $45,000 | $25,000 |
| Royalty Fee | 4% | 4.5% |
| Advertising Fee | 4%+ | 3.75% |
| Year Founded | 1955 | 2002 |
| Year Franchised | 1955 | 2002 |
| Term Of Agreement | 20 years | - |
| Term Of Agreement | 20 years | - |
| Renewal Fee | $45K | 1/3 of Franchise Fee |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | On-The-Job Training: 500 hours Classroom Training: 72 hours Additional Training: At local McDonald's restaurant | 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 | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Ad Templates Social media SEO Website development Email marketing |
| Operations |
82% of all franchisees own more than one unit
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | Yes |
Company Overviews
About McDonald's
Ray Kroc, a milkshake mixer salesman, ventured to California in
1954 to visit McDonald's hamburger stand, where he heard they were
running eight mixers at once. Kroc was impressed by how rapidly
customers were served and, seeing an opportunity to sell many more
milkshake machines, encouraged brothers Dick and Mac McDonald to open a
chain of their restaurants. Kroc became their business partner and
opened the first McDonald's in Des Plaines, Illinois in 1955.
McDonald's brand is in 122 countries around the world. Thirty thousand locations serve 51 million customers each day. More than 70 percent of McDonald's restaurants around the world are owned and operated by independent local business people.
Most standalone McDonald's restaurants offer both counter and drive-through service, with indoor and sometimes outdoor seating. The Drive-Thru, Auto-Mac, or McDrive as it is known in many countries, often has separate stations for placing, paying for, and picking up orders, though the former two steps are frequently combined. In some countries "McDrive" locations near highways offer no counter service or seating. In contrast, locations in high-density city neighborhoods often omit drive-through service.
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#7 on Franchise Rankings.com
#3 in Canada's top franchises.
#3 in Franchise 500 for 2020
#11 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.