Freddy's Expanding to 800 Restaurants

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FAB 5 FREDDY

Freddy's Expands with Record Number of New Restaurants (Read More)

Freddy’s Frozen Custard & Steakburgers opened a company-record 62 new restaurants across the U.S., with plans to open 60-70 more in 2024, aiming for 800 by 2026.

• Record-Breaking Growth: Freddy's opened 62 new restaurants in 2023, including its 500th location.

• Continued Expansion: Development agreements signed for further expansion in Florida, Georgia, North Carolina, Texas, and more.

• U.S. and Canada Growth: Plans to open between 60-70 locations, including five in Alberta.

• Key Success Factors: Dedicated team, passionate franchisees, and adherence to quality, hospitality, and cleanliness.

• New Innovations: First restaurant inside a Major League Baseball stadium and a new prototype featuring enhanced off-premise dining options.

Freddy's Frozen Custard & Steakburgers, founded in 2002, currently operates over 500 locations across 36 states.

Freddy’s Locations

🧠 EDITOR’S THOUGHTS

Established in 2002, Freddy’s Frozen Custard & Steakburgers is a rapidly expanding fast-casual chain renowned for its custard and steakburgers. The founders, Bill and Randy Simon, along with their business partner Scott Redler, named the chain after their father, Freddy.

The chain adheres to a standard design, facilitating the seamless takeover of its spaces by other QSR tenants in the same sector. Additionally, Freddy’s strategically situates its locations in highly visible areas with convenient access points for customers.

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