Freddy’s Frozen Custard and Steakburgers adds 29 restaurants to development pipeline
Four franchise partners sign deals for 29 locations in four states
Freddy’s Frozen Custard and Steakburgers signed new agreements for the development of 29 locations in Southern California, Central Florida, Texas, and Ohio. There’s new momentum for the quick-service chain following the acquisition of the company by Thompson Street Capital Partners (TSCP) and the naming of a new CEO.
Franchisee group FFC will open seven new locations in Central Florida. Last year, it signed commitments for 50 units in the Western United States. DJ Steakburgers will develop another three units in Northern Ohio, which will add to a base of several restaurants across Central and Southern Ohio.
HCI Hospitality plans to build another seven restaurants in Texas, increasing the portfolio it has in the state. Salim Development Group has committed to 12 new locations over 10 years across Southern California,
These franchisees are powering the growth of Freddy’s Frozen Custard in existing territories, as they are into new markets.
Tahir Salim, chief executive of Salim Development Group, commented, “As an experienced franchise owner who has been in the business since 1998, I am confident in what Freddy’s has to offer franchise owners and guests alike, and have no doubt we will experience great success as we break into this new market. We’re excited to be a part of growing Freddy’s presence in a vibrant market like Southern California and introducing the community to the unparalleled guest experience this brand is known for.”
Salim Development Group is a family affair comprising Tahir and his sons Ahmad, Vakas and Zohaib.
Scott Redler, co-founder and chief operating officer of Freddy’s Frozen Custard & Steakburgers, added, “Our franchise development efforts are stronger than ever, as we are not only continuing to grow with existing franchise groups, but also have made great strides in connecting with new owners who have seen the possibility offered by Freddy’s ownership and are committed to sharing The Freddy’s Way with their communities.”
Freddy’s Frozen Custards’ existing franchisees propelled the brand to incremental growth in 2020 with 70 new restaurant commitments then. The backing of TSCP and the signing of the 29 new Freddy’s Frozen Custard and Steakburgers restaurants in Southern California, Central Florida, Texas, and Ohio should accelerate expansion in 2021.
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