Smashburger Gaining National Recognition
CEO Dave Prokupek announced today that their Smashburger “better burger” restaurant concept is growing fast, now with 143 locations nationwide.
In a summary of its 2011 accomplishments, they show a whopping 55 percent in new growth, and reveal plans to open restaurants in the Middle East, Canada and Latin America for 2012. A report this morning by Restaurant News states that Smashburger opened 51 units, expanding in 12 new markets.
Smashburger’s unit growth was supported by a number of “best burger” awards around the country, positive same store sales growth of 3%, as well as the addition of 11 new franchise agreements that will bring its pipeline of committed franchise stores to over 450 units that are slated to open over the next several years.
Prokupek adds that in 2012, their growth plan includes the opening of 15 to 20 new corporate stores in addition to the 51 franchised units. He stated,
We are actively seeking qualified franchise partners to help us grow our existing corporate presence in Chicago, Houston, Dallas, Los Angeles and Minneapolis, as well as enter new US markets like San Francisco, Boston, Washington, D.C. and additional international territories, including operations in Western Europe, South America and Asia.
The CEO said they look forward to introducing their award winning burgers and the delicious things that go with them to new consumers around the world.
Article: Smashburger Posts 55% Unit Growth in 2011 with 51 Openings
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