The fast-casual restaurant brand is now implementing their robust development and expansion plan.
Freddy’s Frozen Custard & Steakburgers has nearly 15 restaurants slated to open in the first 75 days of 2022 alone, with locations in North Dakota and South Dakota, which are new states for the brand. Looking forward, the brand is projected to open more than 50 total locations throughout 2022, with new restaurants opening in states such as California, Florida and Virginia.
The company has set a goal to double its footprint within the next four years, bringing their total unit count to 800 by 2026. This comes off the back of a successful 202 which saw the brand open 32 new restaurants, including its first locations in New Jersey and Wisconsin.
“On the heels of Freddy’s acquisition by Thompson Street Capital Partners in early 2021, last year marked one of the most transformative and noteworthy years in our company’s history,” said Chris Dull, CEO, Freddy’s Frozen Custard & Steakburgers. “We closed out 2021 stronger than ever, with franchisee’s reporting an AUV growth of 13.7% and look forward to further bringing this craveable concept to new heights throughout 2022 and beyond.”
