Freddy’s Frozen Custard is accelerating its growth in key markets as it looks to continue its expansion.
The fast-casual eatery signed a multi-unit development agreement to bring six new Freddy’s restaurants in the Chicagoland area. The expansion builds on the development success Freddy’s had in Chicagoland earlier this year, adding 13 new locations to its pipeline for the market in the first quarter. Leading the Chicagoland development is veteran franchisee Asif Poonja, President and CEO of JAM Equities.
Freddy’s has maintained strong development momentum in 2022 with 94 units added to its pipeline thus far and plans to grow its footprint in key target markets, including California, Louisiana, North Carolina, South Carolina, and Texas.
“The development success we’ve been able to achieve in Chicagoland is a testament to the incredible franchise groups who are bringing Freddy’s to the market,” said Andrew Thengvall, Chief Development Officer at Freddy’s. “We strongly believe that our newly formed partnership with JAM Equities will propel our growth even further.”
With over 25 years of experience owning and operating QSR concepts, JAM have nine Popeyes restaurants in their portfolio, with eight in Iowa and one in Chicago. The group is set to further expand its footprint with the brand by developing four new units this year.
