Freddy’s Frozen Custard & Steakburgers opened its 200th location on Thursday, June 9th, 2016.
The fast-casual restaurant franchise, which now operates in 30 states, has experienced an average growth in system-wide sales of 40 percent over the last four years.
The 200th location comes nearly fourteen years after the first Freddy’s restaurant opened in August 2002 and just two and a half years after the company proudly crossed the 100-restaurant milestone. The momentum and frequency of new Freddy’s openings continues to increase as the concept becomes more widely-known and in demand by consumers as well as real estate developers.
Already in 2016, Freddy’s has opened 23 restaurants and is on track to open another 32 by year’s end. Officials for Freddy’s say the company will open more than 70 locations in 2017 and development rights are currently in place with franchisees that make it realistic to have more than 600 locations open in the coming years.