Pflugerville, TX - Freddy's Frozen Custard

Description:

• Freddy’s has been operating at this location since 2009, demonstrating long-term tenant stability
• 5 years remaining with 3 (5-year) option periods to extend
• Freddy’s Frozen Custard & Steakburgers is a leading fast-casual franchise concept with more than 500 locations across 36 states

• On September 4th, 2025, global private equity firm, Rhône, acquired Freddy’s Frozen Custard & Steakburgers from Thompson Street Capital
• Under Thompson Street Capital’s leadership, 150 new Freddy’s locations opened and annual sales rose to $1B
• Rhône has experience helping businesses expand globally and works with management teams to “drive growth and create long-term value,” the press release said. Rhône has experience with fast-growing restaurant brands and took Fogo de Chao private in 2018. It later sold it to Bain Capital in 2023 for about $1.1 billion
• 51 new Freddy’s restaurants opened in 2025 and 7 slated for Q1 of 2026
• The fast-casual restaurant brand signed 22 multi-unit development agreements in 2025 which will lead to the development of 118 restaurants
• Due to Freddy’s continued growth and sustained performance they have climbed to No.79 on the 2025 Franchise Times Top 400

---

Report Listing This listing was syndicated through:

Listing ID: a28TP000002YbnBYAS