Freddy’s Frozen Custard & Steakburgers vs Canteen
Franchise Comparison 2026
Both Freddy’s Frozen Custard & Steakburgers and Canteen are quick-service restaurants franchises. Freddy’s Frozen Custard & Steakburgers requires an investment of $786K – $2.8M while Canteen requires $1.4M – $2.1M. Freddy’s Frozen Custard & Steakburgers discloses average revenue of $1.9M; Canteen does not report Item 19 data. Canteen has SBA lending data on file with a 0.0% charge-off rate. FranchiseVerdict rates Freddy’s Frozen Custard & Steakburgers A (Strongest tier) and Canteen A (Strongest tier).
| Metric | Freddy’s Frozen Custard & Steakburgers | Canteen |
|---|---|---|
| Verdict Grade | AStrongest tierStrongest tier | AStrongest tierStrongest tier |
| Investment Range | $786K – $2.8M | $1.4M – $2.1M |
| Franchise Fee | $35K | $3K |
| Royalty Rate | 4.5% of all Gross Receipts for License Agreements signed before July 1, 2025; 5% of all Gross Receipts for agreements signed on or after July 1, 2025 | Up to 5.25% of Gross Sales (3.25% of Gross Sales if in compliance with Canteen's operational and purchasing standards). Rate may vary by franchisee depending on territory, size, revenue, and compliance. |
| Average Revenue (Item 19) | $1.9M | N/A |
| SBA Charge-Off Rate | N/A | 0.0% (11 loans) |
| Total Units | 550 | 261 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2004 | 1996 |
| FDD Year | 2025 | 2025 |
Freddy’s Frozen Custard & Steakburgers
AStrongest tierStrongest tier
Canteen
AStrongest tierStrongest tier
Investment Range
$786K – $2.8M
$1.4M – $2.1M
Franchise Fee
$35K
$3K
Royalty Rate
4.5% of all Gross Receipts for License Agreements signed before July 1, 2025; 5% of all Gross Receipts for agreements signed on or after July 1, 2025
Up to 5.25% of Gross Sales (3.25% of Gross Sales if in compliance with Canteen's operational and purchasing standards). Rate may vary by franchisee depending on territory, size, revenue, and compliance.
Average Revenue (Item 19)
$1.9M
N/A
SBA Charge-Off Rate
N/A
0.0% (11 loans)
Total Units
550
261
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2004
1996
FDD Year
2025
2025