In late May, Denver-based Smashburger reported that David Biederman has been promoted to the position of Chief Development Officer, where he will oversee information technology, purchasing and real estate, in addition to his previous responsibilities leading construction and development. “Dave has been an integral member of Smashburger’s core development team and was instrumental in developing the restaurant’s initial operating platform, smashing process, restaurant design as well as construction processes critical to the brand’s success today,” said Scott Crane, CEO of Smashburger. The company also announced that it has entered into franchise agreements with five new groups who will grow the brand across the United States. Smashburger has also expanded its agreements with six veteran partners. The combined commitments, totaling 61 new restaurants, brings Smashburger’s total active franchise pipeline to approximately 461 restaurants set to open over the next several years. The new franchise commitments include an agreement with BG Restaurant Group to expand in the Northeast with eight new restaurants set to open in Albany, New York and Vermont over the next several years. The company has partnered with Mid South SB Investments to debut Smashburger in Mississippi with the opening of ten new restaurants in the greater Jackson-area over the next several years. Next, Smashburger has partnered with Crowded Market Burgers to expand the brand’s North Carolina footprint to Fayetteville with three new restaurants set to open over the next few years and it has partnered with Ashford Holdings East to expand the brand’s Maryland footprint to Annapolis with three new restaurants set to open over the next few years. Smashburger will expand in the Western Pennsylvania region with an agreement with Expandable Technologies for four restaurants in Pittsburgh over the next few years and it has expanded its agreement SB Philly to bring three new restaurants to Chester County, Pennsylvania. SB Philly’s franchise agreement now totals 16 Smashburger restaurants, including two open locations in Philadelphia and Southern New Jersey. The chain has expanded its agreement with Savin Burgers to bring ten new restaurants to Middlesex, Norfolk, and Essex counties in Eastern Massachusetts. The group’s portfolio now totals 22 Smashburger restaurants, including one open location in Natick. Smashburger has expanded its agreement with Smash Partners to open ten restaurants in Manhattan in New York. The group’s franchise portfolio now totals 34 Smashburger restaurants, including three open locations in Westchester County and the first in Manhattan. The veteran restaurant group also operates more than 25 Dunkin’ Donuts franchises in New York City and Long Island. The company has also expanded its agreement with ISK Systems to bring four new restaurants to Queens in New York. This local franchise commitment now totals 24 Smashburger restaurants, including four open locations in Long Island. The agreement with Mid-Wicket Enterprises has been expanded to bring three additional Smashburger restaurants to Houston, Texas giving local franchise commitment to 14 restaurants, including three open locations and it has expanded its agreement with RK Hunter to bring three additional restaurants to Ventura, California. The group’s franchise portfolio now totals six Smashburger restaurants. Smashburger expects to grow its unit count by approximately 30 percent in 2014.
CATEGORY: Quick Casual
Chain Name: Smashburger
Company Name: Smashburger Master LLC
Street Address: 1515 Arapahoe St., Tower One, 10th Floor, Denver, Colorado 80202
Tel: 303/633-1500 Fax:
Email:realestate@smashburger.com & franchise@smashburger.com Website: www.smashburger.com
Menu Specialty: Fresh, premium ‘smashed-to-order’ burgers, chicken sandwiches, salads, signature side items, Haagen-Dazs shakes, local craft beers.
Introduced: 2007 by Rick Schaden
No. of Locations: Over 270 locations in 30 states and four international countries. Over 60 under development.
Areas of Operation: United States, Canada
Types of Location: End Caps, in-line
BusinessType (corp., franchise, jv): Franchise & Corporate
Size Req’d: 1600 to 2200 square feet with 40 to 70 seats, Patio preferred with 20 to 40 seats
Special Requirements (patio, drive-thru, etc): At least 75,000 people within three miles in major metropolitan markets, 50,000 people within three miles in secondary markets, average household incomes in excess of $60,000, Preferred parking for 20 to 25, Patio preferred.
Contact Name: Scott Crane – CEO
Chris Chang – CFO
Greg Creighton – COO
David Biederman – Chief Development Officer
Jeremy Morgan – Sen. Vice President, Marketing, Consumer Insights
REAL ESTATE REPRESENTATIVES:
FRANCHISE REPRESENTATIVES:
PARENT COMPANY: Consumer Capital Partners, Denver, Colorado (tel: 303/592-3800)
Related Chains:
Last Report: Restaurant & QSR Expansion Report #117 Last Update:
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