FREDDY'S FROZEN CUSTARD & STEAKBURGER

Item 7 outlines a hefty initial investment range of $785,936 to $2,753,566, covering build-out for the proprietary restaurant design emphasizing fresh steakburgers and custard. The $35,000 franchise fee kicks things off, followed by ongoing 5% royalties, 1.5% ad fund (potentially up to 3%), and a $100 per 28-day tech support fee—fees that stack up but support national branding since 2004. SBA data shows 27 loans averaging $995,815, indicating banks back mid-sized commitments here, though the upper investment end demands serious capital.

Item 19 shines with average gross revenues of $1,860,140 and medians at $1,834,089 across units, strong for a 514-franchise system (36 corporate) growing 6% from 484 locations in 2023. Only 7 terminations signal health, but 43 transfers hint at resale activity—potentially liquidating for profits or exiting pressures. Projected 70 new units underscore expansion momentum; for investors, these metrics suggest $1.8M+ top-lines could yield solid returns post-expenses, especially in non-saturated markets, but factor in competitive fast-food density and seasonal dips.