Fazoli's vs Freddy’s Frozen Custard & Steakburgers
Franchise Comparison 2026
Both Fazoli's and Freddy’s Frozen Custard & Steakburgers are quick-service restaurants franchises. Fazoli's requires an investment of $1.6M – $2.6M while Freddy’s Frozen Custard & Steakburgers requires $1.5M – $2.8M. In terms of revenue, Freddy’s Frozen Custard & Steakburgers reports higher average unit revenue at $1.9M. Fazoli's has SBA lending data on file with a 12.0% charge-off rate. FranchiseVerdict rates Fazoli's C (Average) and Freddy’s Frozen Custard & Steakburgers A (Strongest tier).
| Metric | Fazoli's | Freddy’s Frozen Custard & Steakburgers |
|---|---|---|
| Verdict Grade | CAverage | AStrongest tier |
| Investment Range | $1.6M – $2.6M | $1.5M – $2.8M |
| Franchise Fee | $50K | $35K |
| Royalty Rate | 5.0% | 4.5% |
| Average Revenue (Item 19) | $1.3M | $1.9M |
| SBA Charge-Off Rate | 12.0% (40 loans) | N/A |
| Total Units | 195 | 550 |
| Unit Growth (YoY) | -11 units | +30 units |
| Year Began Franchising | 2006 | 2004 |
| FDD Year | 2025 | 2025 |
Investment Range
$1.6M – $2.6M
$1.5M – $2.8M
Franchise Fee
$50K
$35K
Royalty Rate
5.0%
4.5%
Average Revenue (Item 19)
$1.3M
$1.9M
SBA Charge-Off Rate
12.0% (40 loans)
N/A
Total Units
195
550
Unit Growth (YoY)
-11 units
+30 units
Year Began Franchising
2006
2004
FDD Year
2025
2025