Freddy's Frozen Custard & Steakburgers has signed a master franchise agreement for its first development abroad, planning a restaurant to open in Dubai in the fall, the company said Tuesday.
The Wichita, Kan.-based company’s agreement with Younata Investment Ltd. covers the Middle East countries of Bahrain, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia and the United Arab Emirates.
"We are thrilled to be expanding our family-friendly restaurant concept internationally," said Randy Simon, Freddy’s president and CEO, in a statement. “It's an exciting new venture for us and for Younata Investment Ltd., and we look forward to working with them to make Freddy's a success in the Middle East."
Younata Investment, based in Dubai, is a family-owned company with a diverse portfolio of food and beverage, healthcare, real estate, retail and software businesses.
"We are very delighted to start this new relationship with Freddy's as their first international franchisee and to bring authentic steakburgers and frozen custard to the Middle East," said Yousef Khattar, Younata’s managing director.
Freddy’s ranked No. 119 in Nation’s Restaurant News’ most recent Top 200 census, with $340.5 million in U.S. systemwide sales for the fiscal year ended in December 2016.
Freddy’s, founded in 2002, has 285 restaurants in 31 states.
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