History of Freddy's Frozen Custard & Steakburgers in Timeline

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Freddy's Frozen Custard & Steakburgers

Freddy's Frozen Custard & Steakburgers is an American fast-casual restaurant chain headquartered in Wichita, Kansas. The restaurant is known for its menu offerings which primarily consist of steakburgers, Vienna Beef hot dogs, chicken sandwiches and frozen custard, including specialty sundaes. Its focus on classic American food and frozen treats positions it within the competitive fast-casual dining market.

1943: Freddy Simon joins U.S. Army

In 1943, Frederick L. "Freddy" Simon joined the U.S. Army infantry and served in the 1st Cavalry Division during World War II.

August 26, 2002: First Freddy's Location Opens

On August 26, 2002, the first Freddy's location opened near 21st Street and Tyler Road in Wichita, Kansas. It remains in operation.

2002: Freddy's Frozen Custard & Steakburgers Founded

In 2002, the first Freddy's Frozen Custard & Steakburgers location was opened in Wichita, Kansas, by Freddy Simon's sons, Randy and Bill Simon, and Scott Redler. The menu included steakburgers, Vienna Beef hot dogs, and fresh frozen custard.

2004: Freddy's begins expansion

In 2004, Freddy's Frozen Custard & Steakburgers began to expand after gaining a loyal customer base.

December 17, 2016: Bill Simon's Death

On December 17, 2016, Bill Simon, co-founder of Freddy's, passed away at the age of 61 after battling cancer.

October 25, 2020: Freddy Simon's Death

On October 25, 2020, Freddy Simon, the namesake of Freddy's, passed away at the age of 95.

March 2021: Thompson Street Capital Partners acquires Freddy's

In March 2021, Freddy's Frozen Custard & Steakburgers was purchased by the private equity firm Thompson Street Capital Partners for an undisclosed amount.

May 2021: Chris Dull Hired as CEO of Freddy's

In May 2021, Chris Dull was hired as CEO of Freddy's to replace co-founder Randy Simon.

2021: Thompson Street Capital Partners acquired Freddy's

In 2021, Thompson Street Capital Partners acquired Freddy's Frozen Custard & Steakburgers for an undisclosed amount.

August 2022: Brian Wise Hired as COO of Freddy's

In August 2022, Brian Wise was hired as COO of Freddy's, replacing co-founder Scott Redler in the operations post.

November 2022: Freddy's Announces Expansion to Canada

In November 2022, Freddy's announced plans to expand to nine provinces in Canada, with the first location expected to open in 2025.

November 2022: Freddy's Signs Agreement to Expand into Canada

In November 2022, Freddy's signed a master franchise and development agreement to expand into Canada by 2025, with restaurants planned for nine provinces.

October 30, 2023: Freddy's reaches over 493 locations

As of October 30, 2023, Freddy's had over 493 locations across 37 states and 375 cities.

2024: Freddy's drops 'Frozen Custard & Steakburgers' from name

In 2024, Freddy's LLC, previously known as Freddy's Frozen Custard & Steakburgers, began doing business simply as Freddy's.

August 2025: Rhône Group to Acquire Freddy's

In August 2025, Rhône Group agreed to acquire Freddy's from Thompson Street Capital Partners for approximately $700 million.

September 10, 2025: Freddy's has 560 locations across 37 states

As of September 10, 2025, Freddy's has 560 locations across 37 states.

September 2025: Rhône Group Finalizes Acquisition of Freddy's

In September 2025, the acquisition of Freddy's by Rhône Group was finalized.

2025: Planned Expansion into Canada

By 2025, Freddy's plans to expand into Canada, opening restaurants in nine provinces.