Fosters Freeze

The Fosters Freeze franchise specializes in frozen desserts and fast food and is known for its burgers and milkshakes. It was founded by George Foster in Inglewood, Calif., in 1946. It began franchising that same year and became a hit after the popularity of its soft serve ice cream. This California-based brand was doing made-to-order burger and fries long before brands like McDonald's and Burger King came into existence. As a franchise owner, you can enjoy bringing this "California Legend" to towns across the country. You can also enjoy choosing between of the the brand's three types of locations: stand alone; co-located; or confections restaurant. The price of your investment will vary depending on the location that you choose. 

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Fosters Freeze

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Fosters Freeze Franchise Cost and Requirements for 2022

Background

Hamburgers and ice cream are staples of the American diet. Americans eat about 50 billion hamburgs and 23 pounds of ice cream and other frozen desserts annually. Have you ever wanted to open a restaurant that does both? If so, then the Fosters Freeze franchise could be for you. The brand was founded by George Foster in 1946 in Inglewood, Calif. It was originally  known as Foster’s “Old Fashion” Freeze. It became a huge hit due to the brand's soft serve ice cream that is served in cones. This "California Legend" has been making made-to-order burgers and other American favorites before McDonald's and Burger King came into existence. This is an attractive franchise opportunity because you will receive great support and training; it can be passed down to your family as a legacy brand; and you can choose one of the franchise's three layout. These include a stand alone location, confections restaurant, and co-located brand. The stand alone location serves the full menu; the confections restaurant only serves ice cream; and co-located locations can be opened in high traffic areas like a military base, airport, or gas station.
The amount of your investment will depend on the layout of your location. The brand also incentivizes veterans to invest with them by discounting the initial franchise fee by 10%. Franchise owners will receive classroom and on-the-job instruction at the brand's training center Salinas, Calif. The brand also set up a marketing fund to help you budget for things like regional advertising, social media, and SEO. You can also expect ongoing support during the duration of your time with the brand. 

Company Details

Founded: 1946
First franchise: 1946
Headquarters: Chino Hills, Calif.
International: No
Canada: No
Total # of units: 65 
Exclusive territory: Yes
B2B: No 
Third-party financing: Yes

Support and Training Offered By Fosters Freeze

In terms of support and training, franchise owners can expect an initial training program that will take place at the franchise's training center in Salinas, Calif., which consists of classroom and on-the-job instruction.  You will also receive instruction at your location. Additionally, the franchise has set up a marketing fund to help you budget regional advertising, social media, SEO, and more. The franchise will also provide you with ongoing support throughout the duration of your franchise agreement. You will receive support from the franchise's corporate team.  

2022 Franchise Requirements Needed to Own a Fosters Freeze Franchise.

What does a Fosters Freeze Franchise Cost?

Fosters Freeze franchise fees for 2022:

Veterans incentive: Yes
Net Worth Requirement: $600,000 - $2,500,000
Cash Requirement: $150,000 - $2,000,000
Initial Investment: $178,000 - $1,009,000
Royalty fee: 4%-8%
Initial franchise fee: $45,000

Is Fosters Freeze a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. Fosters Freeze is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is Fosters Freeze a Home Based franchise?

No. Fosters Freeze is not a home based franchise opportunity.

What Do Fosters Freeze Franchise Owners Make?

Click here to find out how much Fosters Freeze franchisees make. Fosters Freeze offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Does Fosters Freeze Offer a Veteran Discount?

Yes. Fosters Freeze franchise does offer a veteran discount.

Is Fosters Freeze Looking for Franchisees in Canada?

No. Fosters Freeze franchise is not looking for Canada franchisees.

Is Fosters Freeze Looking for International franchisees?

No. Fosters Freeze franchise is not looking for International franchisees.

Additional Information

Additional Categories

Food & Restaurants, Frozen Yogurt / Ice Cream

Number of Units Open

50-100 UNITS

Cash Required

$100,000 - $250,000

Passive Franchise

No

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

Fosters Freeze Franchises for Sale

Click Here to inquire about existing Fosters Freeze franchises for sale. We may have Fosters Freeze franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.