Operations

Freddy's sees sales, unit growth

Provided

February 16, 2022

For Freddy's Frozen Custard & Steakburgers, 2021 was a year filled with success. The Wichita, Kansas-based chain reported a 17.8% increase in systemwide sales year-over-year and added 32 locations in 2021, according to a company press release.

"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. In the midst of continued growth and development systemwide, we leveraged this new partnership to invest in unparalleled corporate leadership and operational excellence while putting franchisees and their success first," CEO Chris Dull said. "We closed out 2021 stronger than ever, with franchisees reporting an AUV growth of 13.7% and look forward to further bringing this craveable concept to new heights throughout 2022 and beyond."

The brand plans to open over 50 locations this year and will double its footprint within the next four years, bringing the total unit count to 800 by 2026.