---
title: "Freddy’s Frozen Custard & Steakburgers Further Expands Chicagoland Footprint with Multi-Unit Development Agreement"
url: https://burnaze.com/article/14fd9672-0672-4aae-958f-cc065ea7f946
source: "Franchising.com"
original_url: https://www.franchising.com/news/20220824_freddys_frozen_custard__steakburgers_further_expands_chicagoland_footprint_.html
category: "Burger"
industry: "Restaurants"
segment: "Burger"
topics: ["Development & multi-unit"]
published: 2022-08-24T12:00:00.000Z
modified: 2026-11-01T02:06:36.894Z
image: https://imgs.franchising.com/brands/social/freddysfrozencustard.jpg
---

# Freddy’s Frozen Custard & Steakburgers Further Expands Chicagoland Footprint with Multi-Unit Development Agreement

**TL;DR:** Freddy's Frozen Custard & Steakburgers has signed a multi-unit development agreement for six new restaurants in Northeast Illinois. The agreement is with Asif Poonja, President/CEO of JAM Equities, who has experience owning and operating QSR concepts, including nine Popeyes restaurants.

*originally published in Franchising.com on 2022-08-24. [Read the original](https://www.franchising.com/news/20220824_freddys_frozen_custard__steakburgers_further_expands_chicagoland_footprint_.html).*

## Story

“Asif has extensive local knowledge and experience in the foodservice industry, and we know that his leadership will position their future units for success with our brand,” said Andrew Thengvall, Chief Development Officer at Freddy’s.

With over 25 years of experience owning and operating QSR concepts, Asif and his team have nine Popeyes restaurants in their portfolio with eight in Iowa and one in Chicago.

“To broaden our portfolio, we have been actively searching for a proven concept that holds a unique position within the QSR industry. Through our research, we confirmed that Freddy’s is a growing franchise in its segment, and we believe it complements our other brands well,” said Asif Poonja, President/CEO of JAM Equities. “Since entering Chicagoland, Freddy’s has proven to resonate across the market. We are excited to be joining the Freddy’s Family.”

Freddy’s partnered with Creative Realities to launch digitalized menu boards. This next generation technology is being used to provide a more seamless experience for guests through drive-thru solutions.

Freddy's is one of the fastest-growing burger and frozen custard franchises, offering premium ingredients, world-class support, and an impressive AUV of $2.6M*. Learn more.

## Entities

- Franchising.com (publication)
- Restaurants (sector)
- franchise expansion (topic)
- multi-unit development (topic)
- Popeyes (company)
- qsr industry (topic)
- Freddy's (company)
- Andrew Thengvall (person)
- digital menu boards (topic)

---
Originally reported by Franchising.com (https://www.franchising.com/news/20220824_freddys_frozen_custard__steakburgers_further_expands_chicagoland_footprint_.html). Summarized by Burnaze (https://burnaze.com/article/14fd9672-0672-4aae-958f-cc065ea7f946).