Farmer Boys vs Freddy's Frozen Custard & Steakburgers Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Farmer Boys 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

 
Farmer Boys Franchise
Freddy's Frozen Custard & Steakburgers Franchise
Investment $1,042,500 - $2,486,500$640,552 - $2,077,046
Franchise Fee $45,000$25,000
Royalty Fee 5%4.5%
Advertising Fee 3%3.75%
Year Founded 19812002
Year Franchised 19972002
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee -1/3 of Franchise Fee


Business Experience Requirements

 
Farmer Boys Franchise
Freddy's Frozen Custard & Steakburgers Franchise
Experience
  • Industry experience
  • General business experience
  • -

    Financing Options

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

    Training & Support

     
    Farmer Boys Franchise
    Freddy's Frozen Custard & Steakburgers Franchise
    Training On-The-Job Training: 480 hours Classroom Training: 60 hours On-The-Job Training: 140-150 hours Classroom Training: 10-20 hours
    Support Purchasing Co-ops 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 Co-op Advertising Ad Templates Regional Advertising Social media SEO Loyalty program/app Ad Templates Social media SEO Website development Email marketing
    Operations 20% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 30

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Farmer Boys Franchise
    Freddy's Frozen Custard & Steakburgers Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion NoYes

    Company Overviews

    About Farmer Boys

    During the 1970s, brothers Makis and Chris Havadjias worked in restaurants to earn money for college. They helped the owners of one of those restaurants rebuild the establishment, and later bought it. With the experience they gained at that first restaurant, the brothers bought a poorly performing restaurant in Perris, California, that they built into Farmer Boys. With the help of their three other brothers, the Havadjias expanded Farmer Boys throughout Riverside and San Bernardino counties in Southern California. Each location serves hamburgers, sandwiches, salads and a full breakfast menu. The company began franchising in 1998.

    #128 in Franchise 500 for 2021. Not ranked in 2020.

    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.