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