Franchise FAQ

how many friendlys are franchises

by Prof. Abdul Paucek PhD Published 2 years ago Updated 1 year ago
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Providing decadent and creamy ice cream and variants along with an array of classic American food faire, Friendly's has become a popular and well recognized brand along the East Coast. Currently there are over 490 locations, with over 50% of them being franchise locations. Start your business!

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How many Friendly's locations are there?

Friendly'sFriendly's in Augusta, Maine, in June 2014 (closed in April 2019)HeadquartersWilbraham, Massachusetts, U.S.Number of locations126Key peopleGeorge Michel (CEO)ProductsSandwiches, burgers, salads, soups, breakfast foods, ice cream, hot dogs9 more rows

What company owns Friendly's?

Dean FoodsSun Capital PartnersFriendly's/Parent organizations

Does Hershey Own Friendly's?

The restaurant chain that was once owned by the Hershey Foods Corporation has a new owner. Amici Partners Group announced last week that it had completed the acquisition of Friendly's Restaurants.

How many Friendly's are left in Massachusetts?

29Top 10 States with the most Friendly's storesState / TerritoryNumber of storesPopulation per storeMassachusetts29 (23%)237.69KPennsylvania24 (19%)533.42KNew York23 (18%)845.83KNew Jersey19 (15%)467.47K6 more rows•Oct 14, 2022

How much was Friendly's sold for?

$155 millionThe Friendly's retail ice cream and manufacturing business was sold in 2016 to Texas-based Dean Foods Co. in 2016 for $155 million.

Does Food Lion sell Friendly's ice cream?

Friendly's ice cream is now at Food Lion grocery stores | Food lion grocery, Friendly's ice cream, Grocery store.

Where is the original Friendly's Restaurant?

Springfield, MAFriendly's / Place founded

Why is Friendly's called Friendly's?

Our History. In 1935, the Blake Brothers founded their first ice cream shoppe in Springfield, Massachusetts and named it “Friendly.” The name was a promise that the small ice cream shoppe would be a friendly place for families to enjoy a meal together.

Who is the CEO of Friendly's?

Craig Erlich (Jan 19, 2021–)Friendly's / CEO

Does Florida have Friendly's?

Friendly's (Orlando,FL) Summer is FINALLY here! Beat the heat with a treat from Friendly's!

Is there a Friendly's in Ohio?

"Unfortunately, there are no longer any Friendly's locations operating in Ohio," said company spokesman Ryan Levasseur. He provided a statement attributed to the franchise owner, APEX Eagle Hospitality Inc. "These closings are regrettable; however, continuing operation was no longer viable," the statement read.

How many Friendly's locations are there in the US?

At the chain's height, there were 850 Friendly's restaurants in the United States. Now, there are just 138 restaurants remaining. On November 2, 2020, Friendly's announced it had filed for Chapter 11 bankruptcy as a result of the "catastrophic impact of COVID-19."

What restaurants does Amici Partners Group own?

Its portfolio includes Souper Salad, chains, as well as Red Mango Yogurt Café Smoothie & Juice Bar, Smoothie Factory Juice Bar, RedBrick Pizza Kitchen Café, Orange Leaf, and Humble Donut Co.

Who is the CEO of Friendly's?

Craig Erlich (Jan 19, 2021–)Friendly's / CEO

Who founded Friendly's ice cream?

S. Prestley BlakeCurtis BlakeFriendly's/Founders

Where is Friendly's headquarters?

Wilbraham, MAFriendly's / HeadquartersWilbraham is a town in Hampden County, Massachusetts, United States. It is a suburb of the City of Springfield, and part of the Springfield Metropolitan Statistical Area. The population was 14,613 at the 2020 census. Part of the town comprises the census-designated place of Wilbraham. Wikipedia

Who owns Friendly's Restaurant?

On January 19, 2021, it was announced that Friendly's was acquired by Amici Partners Group, LLC, a group made of experienced restaurant investors and operators with national and international restaurant franchisor background. Amici has acquired 130 corporate-owned and franchised restaurant locations with plans to keep all locations open.

Who owns Friendly?

In 1979, the Blake brothers retired and sold Friendly to Hershey Foods Corporation, which operated the chain as a wholly owned subsidiary. In 1988, Donald N. Smith purchased Friendly from the Hershey corporation, with Friendly becoming part of Tennessee Foods. In 1989, Smith added the 's to Friendly, making its colloquial name official.

When was Friendly's Ice Cream founded?

Unsourced material may be challenged and removed. (January 2018) ( Learn how and when to remove this template message) Friendly's was founded in 1935, at the height of the Great Depression, by brothers Prestley and Curtis Blake in Springfield, Massachusetts. The Blake brothers opened a small ice cream shop named "Friendly", ...

Where is Friendly's located?

From Wikipedia, the free encyclopedia. Friendly's is a restaurant chain on the United States' East Coast. Friendly's was founded in 1935 in Springfield, Massachusetts, by the Blake brothers S. Prestley Blake and Curtis Blake. It has 10,000 employees; George Michel is the CEO.

When did Friendly's Express open?

In December 2008, Ned R. Lidvall was appointed president and CEO. On August 5, 2009, the first Friendly's Express opened in Mansfield, Massachusetts, with three in 2010: April 28 at Coolidge Corner in Brookline, July 7 in Wareham, and September 28 in Methuen .

When did Friendly's close in Ohio?

On November 25 , 2014, it was announced that all 14 of the Friendly's locations in Ohio would be closing.

When did Friendly's exit the market?

Despite DavCo's efforts, Friendly's stock price fell to $5. Also in 1997 , Friendly's exited the Pittsburgh market after an unsuccessful few-year stint, closing all six restaurants, which were sold and converted to Bob Evans by the spring of 1998.

How many Friendly's locations are there?

Currently there are over 490 locations, with over 50% of them being franchise locations.

How much does it cost to open a friendly's?

The initial franchise fee to open a Friendly’s location ranges from $15,000 to $35,000. The total investment ranges from $147,600 to $1,979,350. Friendly's also has a royalty fee of 4% and all Friendly's franchise applicants are required to have a minimum net worth of $1,500,000 and a minimum of $650,000 in liquid assets.

When did Friendly Ice Cream sell?

In 1979 the brothers retired and sold their company to Hershey Foods and in 1988 the company was sold to Donald Smith. In 1998 Friendly Ice Cream started selling stock at $18 per share.

Where is Friendly's Ice Cream located?

Friendly's has humble beginnings in Springfield, Massachusetts as a small ice cream shop owned and run by brothers Prestley and Curtis Blake in 1935. Five years later the brothers opened another shop in West Springfield and added a food menu. Within a decade the restaurant grew across Massachusetts and into Connecticut.

What is friendly's ice cream?

Friendly’s serves breakfast, lunch and dinner, but it made a name for itself scooping out ice cream in a family-friendly atmosphere . The restaurant’s signature creations include the Jim Dandy and the Hunka Chunka PB Fudge.

Why Choose Us?

It has recently emerged from bankruptcy protection and undergone leadership changes, so if you’re selected for a franchise, it stands to reason that you were carefully vetted and have extensive corporate support behind you.

How many franchises own more than one unit?

Franchisees required to buy multiple units/master licenses; 62% of all franchisees own more than one unit

Where did the Friendly's Ice Cream Shop start?

The brothers opened a second shop five years later in West Springfield, Massachusetts and added food to the menu. Within a decade, locations opened throughout western Massachusetts and Connecticut. In 1988 Donald N. Smith, the company's current CEO, purchased the company and a year later added an 's' to the name, making it 'Friendly's.'

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