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160. Freddy's Frozen Custard & Steakburgers

Last Year's Rank: 169

Investment Range: $577,968 - $1,986,361

Initial Franchise Fee: $25,000

Category: Restaurant

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Company Description

Scott Redler and brothers Bill and Randy Simon founded this fast-casual concept in 2002. The brand is named after the Simons' father, Freddy, whose burger recipe the founders recreated for their chain.

The first Freddy's location opened in Wichita, Kansas, and the first franchised unit opened just two years later in Hutchinson, Kansas. The company is still headquartered in Wichita and has more than 300 locations across the United States. It recently entered the international market with locations in the United Arab Emirates.

Company Statistics

Global Sales: $474,703,049

US Units: 328

Total Units: 328

Percent Franchised: 92%

% International Units: 0%

US Franchised Units: 303

Sales Growth %: 15.5%

Unit Growth %: 16.7%

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