Franchising

Freddy's developing 50 units in Southeast US

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November 17, 2020

Freddy's Frozen Custard & Steakburgers, based in Wichita, Kansas, has signed a multi-unit agreement with RSolution Holdings to develop 50 restaurants over the next several years across the Southeast. As part of this agreement, Freddy's will grow its footprint throughout the Florida west coast and panhandle, with locations under development and slated to open next year in Pensacola and Tampa, according to a company press release.

"After purchasing several existing locations in Florida, we saw firsthand how well the state's dual demographic resonated with the concept and didn't hesitate to expand our partnership with a larger multi-unit deal," Gary Grewe, principal at RSolution, which acquired three locations last year in Bradenton, Sarasota and Ocala, Florida, said in the release. "Freddy's shares our commitment to prioritizing our Team Members and Guests above all else, and we're very excited to be a part of the growth of this terrific brand."

Despite the COVID-19 pandemic's impact on the restaurant industry, Freddy's investments in innovation and technology have helped it continue expansion with Q3 marking a 28% increase in year-over-year growth. Freddy's has opened 29 units this year with additional locations slated to open before year's end, including its 400th location.

Franchise opportunities remain in areas across the U.S., including the Northeast, upper Midwest, California and large metros such as Pittsburgh, according to the release.