Freddy’s Frozen Custard & Steakburgers (Freddy’s) has signed a franchise development agreement to open eight new restaurants in LA County, California.
The deal was signed with a new franchisee called Ellis Choi on the heels of a significant two-quarters of growth.
The restaurant company ended its first half (H1) with more than 480 locations across 36 states. It has also set a target to reach the 500-store mark this year.
Freddy’s CEO Chris Dull said: “As we build upon a momentous first half of the year, we are thrilled to kick off a new quarter with an exciting development agreement that will introduce Freddy’s brand to a highly desirable target market in California and further fuel our growth trajectory.
“Our rapid expansion and increased brand exposure in Q1 and Q2 are a direct result of the strong partnerships we have cultivated with our franchisees.
“We recognise the immense value of these relationships in ensuring our continued growth and solidifying our position as an industry leader in the fast-casual restaurant segment.”
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By GlobalDataThe restaurant company added that its franchisees are expanding the brand’s footprint in Utah, Louisiana, Texas, South Carolina, Michigan, and Oklahoma.
In April this year, Freddy’s announced the opening of a new corporate-owned restaurant location in Belleville, Illinois.
The company noted that its new location features its newest restaurant design.