Freddy's Frozen Custard & Steakburgers vs Petro's Chili & Chips Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Freddy's Frozen Custard & Steakburgers vs Petro's Chili & Chips including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Freddy's Frozen Custard & Steakburgers Franchise
Petro's Chili & Chips Franchise
Investment $640,552 - $2,077,046$75,000 - $324,950
Franchise Fee $25,000$15,000
Royalty Fee 4.5%5%
Advertising Fee 3.75%4% local+1% Nat'l
Year Founded 2002-
Year Franchised 2002-
Term Of Agreement --
Term Of Agreement --
Renewal Fee 1/3 of Franchise Fee-


Business Experience Requirements

 
Freddy's Frozen Custard & Steakburgers Franchise
Petro's Chili & Chips Franchise
Experience -While it does help to have prior food or restaurant experience, Petros does not require it. We have franchisees from all walks of life. What is most important to us is that we have franchisees with a willingness to work hard and a passion for their business.

Financing Options

 
Freddy's Frozen Custard & Steakburgers Franchise
Petro's Chili & Chips Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Freddy's Frozen Custard & Steakburgers Franchise
Petro's Chili & Chips Franchise
Training On-The-Job Training: 140-150 hours Classroom Training: 10-20 hoursPrior to your restaurant opening, we will furnish initial training on the operation of a Petros Chili & Chips � restaurant. The training lasts three weeks: consisting both of classroom content and in-restaurant developmental activities. We require that two people attend training prior to the store opening.
Support Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform-
Marketing Ad Templates Social media SEO Website development Email marketing-
Operations --

Expansion Plans

 
Freddy's Frozen Custard & Steakburgers Franchise
Petro's Chili & Chips Franchise
US Expansion Yes-
Canada Expansion --
International Expansion Yes-

Company Overviews

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.



About Petro's Chili & Chips

Since 1992 Petro's Chili & Chips has been operating company stores and franchising in both traditional and non-traditional venues: free standing drive thru units, strip centers, malls, theme parks, airports, sports venues and the newest addition: Petro's food trucks. Petro's Chili & Chips continues to be everyone's favorite QSR.
Petro's Chili & Chips chooses only the best people to be franchisees. Our franchise partners are dedicated to setting the top standard of guest experience. From the taste of the food, to the speed and accuracy of the order, the power of our people to make decisions, the friendly face at the counter and the cleanliness of the restaurant, our Petro's Chili & Chips franchise partners proudly strive to deliver a great guest experience every time. Now is your chance to join the successful team of Petro's Chili & Chip's franchisees and become your own boss!