Back Yard Burgers vs Freddy's Frozen Custard & Steakburgers Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Back Yard Burgers 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 |
$465,000 - $1,680,000 | $640,552 - $2,077,046 |
Franchise Fee |
$35,000 | $25,000 |
Royalty Fee |
5% | 4.5% |
Advertising Fee |
3% | 3.75% |
Year Founded |
1986 | 2002 |
Year Franchised |
1988 | 2002 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
$1K | 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/No | -/- |
Payroll |
No/No | -/- |
Training & Support |
Training |
- | On-The-Job Training: 140-150 hours
Classroom Training: 10-20 hours |
Support |
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | 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 slicks, National media, Regional advertising | Ad Templates
Social media
SEO
Website development
Email marketing |
Operations |
60% of all franchisees own more than one unit Number of employees needed to run franchised unit: 35
Absentee ownership of franchise is NOT allowed. (90% of current franchisees are owner/operators) | - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
No | - |
International Expansion |
No | Yes |
Company Overviews
About Back Yard Burgers
What started as a premium quality burger sold in a grocery store in
Cleveland, Mississippi in 1987 quickly caught fire. Lattimore "Lattie”
Michael realized he had a recipe for success and thus opened the first Back Yard Burgers drive-thru restaurant. Customers flocked to it, eating
up the fresh-grilled burgers, great conversation and the neighborly
feel that reminded them of their backyard cookouts. A year later, Back
Yard Burgers opened up in Tennessee and Florida. And the rest is
delicious history.
WHY BE A BACK YARD BURGERS FRANCHISEE?
*Uniqueness - back yard flavor
*A proven brand with a solid operating system
*Growth free standing building
*Unique development opportunities
*Non universities, c-stores and professional sports
*Strong positioning
*Signature products
*Persuasive, professional marketing
*Operations support
*Exclusive Territories
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.