KMG

What KMG does

KMG LLC is a privately held restaurant franchise management company headquartered in Colorado Springs, Colorado, founded in 2020. The company's primary operating activity is the franchise management of Freddy's Frozen Custard & Steakburgers locations, a fast-casual brand co-founded in 2002 by Bill and Randy Simon with Scott Redler. KMG has built a regional footprint of approximately ten Freddy's restaurant locations spanning Colorado (Monument, Colorado Springs, Fountain, Falcon), Florida (Orange Park, Jacksonville), and Georgia (Kingsland). KMG has also added the RnR Sushi sub-brand to its portfolio, an American-style sushi concept positioned around rock-and-roll themes.

KMG's revenue mechanics rest on three streams: (1) restaurant operations, generating transaction-based revenue from food and beverage sales at Freddy's franchise locations to individual consumers; (2) real estate operations tied to restaurant properties; and (3) development services supporting new franchise location rollout. The company markets exclusively through organic social channels (Facebook, Instagram, LinkedIn). There is no public pricing disclosure, no app or API products, no AI/ML capabilities, no certifications, and no patents or trademarks of its own. The customer base consists of individual diners seeking made-to-order quick-service meals in a family-friendly environment.

The leadership team comprises CEO Kyle Gerstner (an operator with prior franchise and small-business ownership experience), COO Doug Tuder (a food and service industry veteran who has publicly stated an executive goal of building KMG into a 500-million-dollar restaurant company), and VP Ralph Burns (a Certified Professional in Human Resources with over 40 years of multi-brand restaurant management experience across RGT Management, Jerrico, Fazoli's Brand, and PRV Management). Ownership is private/founder-managed with no disclosed institutional investors, parent company, or external funding rounds.

Name

KMG

Legal name

KMG LLC

Website

https://teamkmg.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

KMG LLC is a privately held restaurant franchise management company operating multiple Freddy's Frozen Custard & Steakburgers locations across Colorado, Florida, and Georgia, supplemented by the RnR Sushi sub-brand and in-house real estate and development services.

Ownership category

akta.pro rank

Headquarters

HQ city

Colorado Springs

HQ country

United States

HQ region

North America

Offices10 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. Restaurant Operations: Operating Freddy's Frozen Custard & Steakburgers locations generating revenue through food and beverage sales to consumers at physical restaurant locations.
2. Real Estate: Real estate operations associated with restaurant properties.
3. Development: Development of restaurant locations and properties.

Distribution channels1 record

Marketing channels3 records

Core offering

KMG LLC operates and manages Freddy's Frozen Custard & Steakburgers franchise restaurant locations across Colorado, Florida, and Georgia, serving made-to-order steakburgers, frozen custard, and related menu items. The company also operates the RnR Sushi sub-brand and supports restaurant real estate and development activities for franchise expansion.

Product overview

KMG is a hospitality and restaurant management company operating multiple brands. The core offering centers on Freddy's Frozen Custard & Steakburgers franchise operations, supplemented by the RnR Sushi sub-brand. The company also provides restaurant management services, real estate services, and development support across their franchise locations in Colorado, Florida, and Georgia.

Differentiator

Problem solved

Functional benefit

Brands

• Freddy's Frozen Custard & Steakburgers: A fast-casual restaurant chain serving made-to-order steakburgers, frozen custard, and related items. Co-founded in 2002 by brothers Bill and Randy Simon with Scott Redler.
• RnR Sushi

Products and services

• Freddy's Frozen Custard & Steakburgers A fast-casual restaurant brand co-founded in 2002 serving fresh, made-to-order steakburgers, frozen custard, and related items, with a focus on quality, hospitality, cleanliness, and timeless traditions, operated by KMG across multiple franchise locations.
• RnR Sushi An American-style sushi restaurant concept founded on great food and rock 'n' roll music, featuring bold flavors and a loud atmosphere, listed as a KMG sub-brand.
• Restaurant Operations Management Restaurant management services including guest-centered environments, team member development, and operational excellence across multiple franchise locations in Colorado, Florida, and Georgia.
• Restaurant Real Estate Services Real estate services supporting the company's restaurant operations and property development activities for franchise locations.
• Restaurant Development Services Development services for establishing and expanding franchise restaurant locations as part of the company's growth strategy.

Segments1 record

Ideal customer profiles1 record

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Freddy's Frozen Custard & SteakburgerscoreChannel Partner/ Reseller/ DistributorKMG LLC operates Freddy's Frozen Custard & Steakburgers franchise locations. Freddy's was co-founded in 2002 by brothers Bill and Randy Simon with their friend and business partner, Scott Redler, named in honor of their father. KMG operates multiple locations across Colorado, Florida, and Georgia.

Scale indicators1 record

Recent moves5 records

Expansion highlights5 records

Others

• Fazoli's: Italian fast-casual franchise brand previously led by VP Ralph Burns. Comparable as a connected franchise concept that sits in KMG's leadership network and represents a potential adjacent brand for portfolio expansion.

Broad incumbents

• Inspire Brands: Multi-brand restaurant company owning Arby's, Buffalo Wild Wings, Sonic, Dunkin', Jimmy John's and Baskin-Robbins. Comparable as a broad incumbent aggregating franchise-driven restaurant brands at scale.
• Roark Capital Group: PE firm focused on franchised/consumer businesses; owns Inspire Brands (Arby's, Buffalo Wild Wings, Sonic, Dunkin', Jimmy John's). Comparable as a scaled multi-brand restaurant platform operating in the same ecosystem KMG participates in.
• Bojangles' Restaurants, Inc. Regional fast-casual/QSR chain franchising across the Southeast. Comparable as a broad incumbent in the franchised limited-service restaurant space where KMG operates.

Direct peers

• PRV Management, LLC: Restaurant management firm previously led by KMG's VP Ralph Burns. Comparable as a multi-brand restaurant operator with overlapping leadership DNA to KMG.
• Flynn Restaurant Group: One of the largest multi-brand franchise operators in the U.S. (Taco Bell, Wendy's, Panera, Applebee's, Arby's). Directly comparable to KMG as a multi-unit franchise operator with real estate and development capabilities, just at substantially greater scale.
• GPS Hospitality: Large multi-brand franchisee operating Burger King, Popeyes, and other QSR brands across the U.S. Comparable as a multi-brand franchise operator building scale through disciplined unit growth.
• RGT Management: Restaurant management company previously associated with KMG VP Ralph Burns. Comparable as a peer multi-brand restaurant operator sharing leadership lineage.
• K-Mac Holdings: Multi-unit Freddy's franchisee operating locations in the Midwest. Comparable as a same-brand multi-unit operator following a unit-economics-driven expansion strategy similar to KMG's.
• Yadav Enterprises: A multi-unit Freddy's Frozen Custard & Steakburgers franchisee operating dozens of locations across multiple states. Highly comparable to KMG as a fellow Freddy's multi-unit operator with a similar growth-by-unit model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/KMGLLCOFFICIAL
• Instagraminstagram.com/kmg_llc
• LinkedInlinkedin.com/company/kmg-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about KMG