Reviving Friendly's: A Comprehensive Strategy for Growth and Brand Identity
Explore how Friendly's is turning its operations around, from menu updates to store remodels, attracting franchisees and revitalizing its brand identity.
Photo by Butuza Gabriel on Unsplash
Development Deals and Franchisee Appeal
Friendly's is actively pursuing development deals, particularly in Southern states like Florida, Texas, Georgia, and the Carolinas. The chain's appeal to franchisees lies in its established brand recognition and unique offering that blends sit-down Americana cuisine with ice cream, a combination not commonly found in other concepts. By offering development discounts, like halving the initial franchise fee and providing reduced royalty rates, Friendly's is incentivizing both existing and new franchisees to join its growth trajectory.