Freddy’s Frozen Custard & Steakburgers vs Krystal
Franchise Comparison 2026
Both Freddy’s Frozen Custard & Steakburgers and Krystal are quick-service restaurants franchises. Freddy’s Frozen Custard & Steakburgers requires an investment of $786K – $2.8M while Krystal requires $1.4M – $2.2M. In terms of revenue, Freddy’s Frozen Custard & Steakburgers reports higher average unit revenue at $1.9M. Krystal has SBA lending data on file with a 22.7% charge-off rate. FranchiseVerdict rates Freddy’s Frozen Custard & Steakburgers A (Top Quintile) and Krystal D (Below Average).
| Metric | Freddy’s Frozen Custard & Steakburgers | Krystal |
|---|---|---|
| Verdict Grade | ATop QuintileTop Quintile | DBelow AverageBelow Average |
| Investment Range | $786K – $2.8M | $1.4M – $2.2M |
| Franchise Fee | $35K | $35K |
| Royalty Rate | For License Agreements signed before July 1, 2025: 4.5% of all Gross Receipts; For License Agreements signed on or after July 1, 2025: 5% of all Gross Receipts | 5.0% |
| Average Revenue (Item 19) | $1.9M | $982K |
| SBA Charge-Off Rate | N/A | 22.7% (33 loans) |
| Total Units | 550 | 280 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2004 | 1990 |
| FDD Year | 2025 | 2024 |
Investment Range
$786K – $2.8M
$1.4M – $2.2M
Franchise Fee
$35K
$35K
Royalty Rate
For License Agreements signed before July 1, 2025: 4.5% of all Gross Receipts; For License Agreements signed on or after July 1, 2025: 5% of all Gross Receipts
5.0%
Average Revenue (Item 19)
$1.9M
$982K
SBA Charge-Off Rate
N/A
22.7% (33 loans)
Total Units
550
280
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2004
1990
FDD Year
2025
2024