Wichita, Kan.— In first quarter 2022, Freddy’s Frozen Custard & Steakburgers has signed six new multi-unit agreements that will bring a total of 64 new Freddy’s locations to new and existing markets. Most notably, existing Freddy’s franchisees of more than a decade, M&M Custard, inked an agreement to expand the brand’s growing footprint in Chicago with a commitment to develop 13 locations. Additionally, Freddy’s opened 11 new locations nationwide in first quarter and is on track to open over 50 locations throughout 2022. “As we celebrate the 1-year anniversary of …
Thompson Street Capital Partners
Wichita, Kan. — One of Freddy’s Frozen Custard & Steakburgers’ co-founders, Scott Redler, has been appointed to the new role of chief experience officer (CXO). In 2002, Redler co-founded Freddy’s alongside business partners, Bill and Randy Simon. With 45 years of industry experience, Redler spent the last 19 years serving as COO of Freddy’s. The creation of this new role follows Freddy’s recent acquisition by private equity firm Thompson Street Capital Partners in March 2021. “Who better than Scott to continue the work of providing our guests with a truly …
Linden, N.J. — In a transaction arranged by CBRE, fast-casual restaurant Freddy’s Frozen Custard & Steakburgers will be opening its first New Jersey location this month in Linden. The Wichita, Kan.-based chain has committed to a pad lease for its 3,200-square-foot prototypical building and double drive-thru at Legacy Square, Cypress Development’s new open air shopping center along Linden’s primary retail corridor. Co-founded in 2002 by Scott Redler and Bill, Randy and Freddy Simon, Freddy’s opened its first location in Wichita, Kan. The brand was acquired by private equity firm Thompson …