Freddy’s Frozen Custard & Steakburgers is officially planning a major expansion into Oregon — particularly the Portland metro area — with at least 20 new franchise locations expected over the next few years. The Kansas‑based chain is actively recruiting franchise owners and scouting real estate for both freestanding drive‑thru prototypes and converted restaurant spaces, signaling a strong push into the Pacific Northwest.
Expansion Overview
- Planned Locations: Minimum 20 new restaurants in the Portland metro area, plus additional sites in Bend, Salem, and Eugene.
- Timeline: No firm opening dates yet, but franchise recruitment and site selection are underway.
- Format: Dine‑in and drive‑thru models; some conversions of existing restaurant spaces, others new builds.
- Investment Range: Estimated $785,000 – $2.7 million per location depending on site and size.
- Franchise Requirements:
- Net worth ≥ $1 million (single unit) or $1.5 million (multi‑unit)
- Liquid assets ≥ $400,000
Why Portland?
- Freddy’s sees “meaningful white space” across Oregon and Washington for its brand, citing strong demand for made‑to‑order steakburgers and frozen custard.
- Portland’s growing fast‑casual market and suburban development make it ideal for drive‑thru prototypes.
- Competing chains like In‑N‑Out, Raising Cane’s, and Little Caesars are also expanding locally, confirming the region’s franchise potential.
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Franchise Opportunities
Requirement Details Franchise Fee Around $25,000 – $30,000 (industry average) Total Investment $785K – $2.7M Royalty Fee Typically 4–6% of gross sales Preferred Sites End‑cap or freestanding drive‑thru locations Support Provided Real‑estate assistance, training, marketing, and operations guidance Interested entrepreneurs can apply via the Freddy’s Franchise Portal, which now lists Oregon as an open territory for development.
Market Impact
- Freddy’s currently operates nearly 600 restaurants nationwide and plans to open 60 more in 2026.
- The Oregon expansion follows the 2025 acquisition by Rhône Group, a private‑equity firm accelerating Freddy’s national growth.
- Local franchisees could bring hundreds of new jobs and millions in investment to the Portland area.
See More: Freddy’s Accelerates Nationwide Expansion with 60 Openings Projected for 2026