Million Snacks vs Freddy's Frozen Custard & Steakburgers Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Million Snacks 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
 
Million Snacks Franchise
Freddy's Frozen Custard & Steakburgers Franchise
Investment $109,050 - $302,000$640,552 - $2,077,046
Franchise Fee $2,000$25,000
Royalty Fee 5%4.5%
Advertising Fee 1%3.75%
Year Founded 20092002
Year Franchised 20092002
Term Of Agreement 7 years-
Term Of Agreement 7 years-
Renewal Fee -1/3 of Franchise Fee


Business Experience Requirements
 
Million Snacks Franchise
Freddy's Frozen Custard & Steakburgers Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Million Snacks Franchise
    Freddy's Frozen Custard & Steakburgers Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/Yes-/-
    Payroll No/Yes-/-

    Training & Support
     
    Million Snacks Franchise
    Freddy's Frozen Custard & Steakburgers Franchise
    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
    Marketing Co-op Advertising Ad Templates Regional AdvertisingAd Templates Social media SEO Website development Email marketing
    Operations -

    Expansion Plans
     
    Million Snacks Franchise
    Freddy's Frozen Custard & Steakburgers Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion YesYes

    Company Overviews

    About Million Snacks

    At Million Snacks our mission is to give everyone an opportunity to own their own business while securing their future and financial goals. We know that taking the plunge into owning a business can be difficult, especially after layoffs or career changes. One of the most successful ways to maneuver into owning a business is through franchising. With that in mind, Million Snacks has perfected their franchise model to make it one of the most affordable in the industry. When you compare a Million Snacks Franchise Opportunity to some of the most popular fast food eateries on the market, we have the lowest franchising fee, lowest royalty fee in the snack food industry, and low startup costs. We have purposely made our franchise model MUCH more affordable. Why pay more to make your business dreams a reality, and to get your financial goals heading in the right direction? Why pay more than you need to when a Million Snacks Franchise offers you
    - A quality menu that provides much healthier alternatives to the average junk food sold by our competitors.
    - Startup cost flexibility using Express and Standard Models to create the size service store you want.
    - Assistance and training in your franchise.
    If you're ready to start, we're ready to show you how... with a proven system that works!
    We guide you through the process and offer the support you need in order to help you succeed.

    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.