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Fosters Freeze Franchise

Since 1946, Fosters Freeze has been an iconic fast-food restaurant known as the West Coast’s FIRST fast-food chain - Now, we're looking for Franchise Owners to expand across the nation!

Restaurant & Food Franchises For Sale|
California Franchises For Sale
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Highlights
Cash Required

$300,000

Min. Franchise Fee

$45,000

Total Number of Units

-

Franchising Since

1946

Corporate Headquarters

Pomona,CA

CEO Name

Sanjay Patel

About Fosters Freeze

Since 1946, Fosters Freeze has been committed to preserving a classic retro vibe, quickly and conveniently serving up our delicious proprietary soft-serve ice cream, mouth-watering burgers, and real milkshakes that instantly transport you back to a simpler time. We’ve made our mark in the pop-culture world with featured mentions in classics like Pulp Fiction and Charlie’s Angels, and were even the inspiration behind the Beach Boys’ 1964 hit “Fun, Fun, Fun.” We’re basically as While Fosters Freeze will always maintain its sentimental, cult-classic vibe, our Executive Team is constantly striving to keep us up to speed with the rest of the restaurant industry. With extensive experience in other national restaurant franchise concepts, such as Burger King, Pizza Hut, and IHOP, our team has successfully utilized best practices they learned from past franchise ownership into the new Fosters Freeze franchise model, creating value and benefit for existing and future Franchise Owners alike. Why Now? Is it wise to invest in the restaurant industry right now? After all, statewide shutdowns due to COVID-19 forced dine-in restaurants to close their doors for months. That’s exactly why a concept like Fosters Freeze makes the most sense right now. Our model is built upon walk-up and drive-thru service, making Fosters Freeze naturally equipped to handle increased customer demand in these areas. We remained fully operational during lockdown- and actually saw a system-wide sales increase over the second quarter of 2020! Since industry experts estimate that ability to provide contact-free food service will become more important in the coming years, we are uniquely positioned to fit consumers’ needs in this ‘new normal.’

Franchise Fees

Min. Franchise Fee

$45,000

Royalty Fee

-

Ad Fund Fee

-

Why Choose Fosters Freeze?

Here’s What Owning a Fosters Freeze Franchise Can Do for YOU:

  • Create a local legacy that can be passed down from generation to generation. (Some of our current Owners are the children- or even grandchildren- of original proprietors dating back to 1946!) Bring a beloved California favorite to a brand-new audience in your hometown!
  • Scale your business to the proportions that make sense for you and your community with three available models- Stand Alone, Co-Located, and Confections
  • Feel secure in the knowledge that you’ve invested in an easy-to-pivot model with a franchise that has weathered several periods of economic turmoil over the past 70 years
  • Find a built-in audience of enthusiastic Fosters Freeze fans- we’ve turned up enough in pop culture to achieve cult-classic status!
  • Take pride in knowing you are bringing happiness to a multi-generational crowd by serving delicious, quality products- including our beloved proprietary soft-serve recipe Investing in a Fosters Freeze means bringing a time-honored California franchise to your city, creating a whole new generation of fans who just can’t get enough of our ice cream!

Starting Costs & Investment Requirements

Total Investment

$74,000 - $587,500

Net Worth Required

$600,000

Cash Required

$300,000

Training and Support
Financing Available
Multi Units

Training & Support

The seasoned industry professionals who make up the Fosters Freeze Executive Team know exactly what it takes to run a successful franchise business, starting with the right level of support. Here’s what you can expect as a Fosters Freeze Franchise Owner:

  • Training- In just two weeks at our California headquarters and one week on-site at your new Fosters Freeze location, you’ll learn everything you need to open your doors with confidence.
  • Ongoing Support- In addition to helpful intranet platforms and continuous recommendations from our Executive Team, Fosters Freeze has built a unique network of Franchise Owner support committees dedicated to providing new and existing Owners with best practices and general advice from a place of true understanding.
  • Field Support- We’re here when you need us for advice and recommendations as you build your location. We encourage our Franchise Owners to take the lead on site selection and store buildout, then turn it over to our contractors to handle the interior design to maintain that classic Fosters Freeze look and feel.
  • Marketing Support- Keep your marketing budget in check with monthly contributions to our brand building fund, which covers ad templates, national media, regional advertising, social media, SEO, website development, and more.*

History

In 1946, George Foster opened “Foster’s Old Fashion Freeze” in Inglewood, California, giving the West Coast its first taste of soft-serve and kicking off what would become the state’s first fast-food franchise! Over 70 years later, Fosters Freeze remains one of the most identifiable brands in California, not to mention an iconic West Coast pop culture landmark and a source of nostalgia for locals and tourists alike. Building restaurants that aligned with the burgeoning drive-thru restaurant trend made popular by California’s post World War II car craze, George’s outstanding proprietary soft-serve ice cream made Fosters Freeze an instant hit. In fact, at one point, Fosters Freeze was more popular than McDonald’s! In 2015, ownership of Fosters Freeze changed hands, and was acquired by a team of seasoned veteran Franchise Owners who had owned and operated locations in other restaurant industry concepts including Pizza Hut, IHOP, and Applebee’s. Armed with extensive industry knowledge, he new Executive Team worked to inject a fresh new look and implement modern systems into the Fosters Freeze franchise in order to keep the concept competitive in today’s landscape, while making sure to maintain its nostalgic ambiance and honor its significant heritage. As a brand who has gone through seven decades of change and evolution, we have watched many other fast-food concepts pop up and fizzle quickly, but the Fosters Freeze name has stood the test of time. Now, for the first time in our long and storied history, Fosters Freeze is extending franchise opportunities in other U.S. states outside of California, and we couldn’t be more excited!

Ideal Candidate

It takes a special kind of person to bring Fosters Freeze to a whole new community of fans. We’re looking for qualified investors who are as passionate as we are about taking our beloved California brand nationwide. Do you fit this profile?

  • Do you have extensive experience in a leadership or management role? Would you say you possess strong leadership skills?
  • Are you passionate about bringing a classic nostalgia experience to the members of your community and providing your customers with outstanding service?
  • Are you a hardworking, motivated individual who is willing to follow a proven franchise system?
  • Do you possess strong organizational skills? Are you capable of tracking sales performance and inventory? If these characteristics fit your personality, let’s talk!

The information in this page has been provided by the franchise or representative stated above. BizBuySell has no stake in the sale of this franchise, has not independently verified any of the information about the franchise, and assumes no responsibility for its accuracy or completeness. Read BizBuySell's Terms of Use before responding to any franchise.

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This web page is not endorsed by or affiliated with any franchisor. Product and company names are trademarks of their owners and are used for referential purposes only.

 
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