Earnings Claims of Top Franchises Revealed

Earnings Claims of Top Franchises Revealed

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FDD Talk: Average Sales and Certain Operating Expenses of Freddy’s Frozen Custard and Steakburgers Restaurants

by Franchise Chatter on January 3, 2012

in Casual-Dining Restaurant Franchise, Franchise Earnings, Frozen Dessert Franchise, Hamburger Franchise

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What is Freddy’s Frozen Custard and Steakburgers?

1.  Founded in 2002, Freddy’s Frozen Custard and Steakburgers offers a unique combination of cooked-to-order steakburgers, Chicago dogs, and other savory items along with its signature desserts prepared with premium frozen custard made fresh throughout the day in each store.

2.  Freddy’s opened its first location on West 21st Street in Wichita, Kansas and started franchising in 2004.

3.  Founders Scott Redler and Bill, Randy and Freddy Simon, operate six locations in the Wichita Metro area, two in the Kansas City market, and one in Tulsa, Oklahoma. Forty-nine franchise units serve other areas of Kansas and Oklahoma as well as Arizona, California, Colorado, Iowa, Missouri, Nebraska and Texas.Freddy's Frozen Custard and Steakburgers Photo by lza2mb

4.  The company was ranked Fifth Fastest Growing Chain Restaurant in the United States and Canada in 2010 by Chain Store Guide, a sister publication to Nation’s Restaurant News. More recently, Freddy’s was recognized by Technomics as the 5th fastest growing burger concept in the country.

5.  Freddy’s opened 12 new stores in 2011 and has 30 openings slated for 2012. New restaurants will debut in Utah, Florida, Nevada, Arkansas and New Mexico in 2012 as well as many new regional sites in established states. The company has sold development rights for 152 additional locations.

6.  Freddy’s offers franchisees a Development Agreement to establish more than one restaurant under a development schedule.  The company also offers in certain geographical areas a license agreement to establish one restaurant.

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