Although Freddy’s Frozen Custard & Steakburgers — based in Wichita, Kansas — has been around in for 17 years, it hit a growth spurt last year, opening 54 units to achieve a 15.5 percent increase in growth. The chain also experienced a surge in franchise development with seven agreements signed, including deals to develop the first Freddy’s locations in Wisconsin and New Jersey, according to a company press release.
“The passion of our operators has been a driving force behind our ongoing success, and we’re thrilled that our franchise network has continued to grow alongside the brand,” Randy Simon, president and CEO of Freddy’s, said in the release. “(It) was an outstanding year for Freddy’s, and we look forward to leveraging this momentum and continuing to take the brand to new heights in 2019, and beyond.”
In addition to its ongoing growth in existing markets, Freddy’s opened its first location in the state of Wyoming and expanded into the nontraditional space for the first time with the opening of locations at Wichita State University student center and Oklahoma State University football and basketball stadiums. Those also marked Freddy’s first operations in a sports arena.
Read more: Fast Casual
2/12/2019