SAN FRANCISCO, October 23rd 2023 – Loop, a pioneering SaaS provider specializing in maximizing profitability and operational excellence for restaurants in the 3rd party delivery space, is excited to announce a strategic partnership with Freddy's Frozen Custard & Steakburgers. This collaboration is aimed at increasing the profitability of the rapidly expanding 3rd party delivery business and ensuring an unparalleled Guest experience through automated workflows, advanced performance reporting and data-driven insights.
Loop AI's 3rd party delivery optimization platform – which encompasses financial reconciliation & bookkeeping automation, real-time store availability management, and marketing optimization – align perfectly with Freddy's commitment to product and service excellence. The collaboration seeks to simplify the process of pleasing Guests on their favorite third-party delivery services while eliminating the operational hurdles that numerous restaurant brands encounter when juggling multiple third-party delivery marketplaces.
Anand Tumuluru, Co Founder & CEO at Loop, said, 'Freddy’s is up and to the right in every sense of a successful food brand - growing to 800 locations from 500, with an AUV target of $2MM and most importantly a changing channel mix skewing towards digital. The leadership team has been consistently recognized as thought leaders and best in the industry. Loop neatly fits into their pursuit of operational excellence and financial rigor at scale by hardening their 3P Delivery channels. We’re thrilled to embark on this journey, optimizing profitability while ensuring that Freddy's end-Guest experience is delightful across every ordering platform’
Sean Thompson, VP of IT at Freddy’s, said, ‘Loop understands the nuances of working with franchise groups, helping our restaurants be successful while keeping everything seamless. We look forward to working with them to simplify the complex systems around 3rd party delivery.’
About Loop:
Loop, is a pioneering SaaS provider specializing in maximizing profitability and operational excellence for restaurants in the 3rd party delivery space. By addressing critical pain points such as financial reconciliation & bookkeeping, sales tax & franchise fee liability, real-time store availability management, and marketing optimization, Loop offers a comprehensive suite designed to elevate the customer experience and financial outcomes for its partners.
About Freddy's Frozen Custard & Steakburgers:
Freddy's Frozen Custard & Steakburgers is a leading fast-casual franchise concept with over 500 locations and plans to reach 800 in the coming years. Founded in Wichita, Kansas, in 2002, the brand offers a unique combination of cooked-to-order steakburgers, all-beef hot dogs, shoestring fries and other savory items along with freshly churned frozen custard treats. Known for operating the Freddy's Way, guests experience genuine hospitality and food prepared fresh with premium ingredients. This signature approach has fueled Freddy's ongoing growth throughout the U.S. and garnered national recognition from industry-leading rankings, including being named No. 23 on Fast Casual's Top 100 Movers + Shakers, No. 70 on Entrepreneur's Franchise 500, No. 78 on Entrepreneur's 2023 Fastest-Growing Franchises and No. 36 on Yelp's 50 Most Loved Brands.
For more information on this partnership or to explore the solutions offered by Loop, please visit www.tryloop.ai
