QSR International, the master franchisee of Smashburger fast-casual branded restaurants in Central America and the Caribbean, has entered into a development agreement with Inversiones Platinum Brands S.A. to develop five Smashburger restaurants in the Central American country of Panama.
QSR International, a 141-unit multibrand master franchise quick-service restaurant developer conducting business in 15 countries throughout Latin America and the Caribbean, recently celebrated the opening of its 100th Quiznos restaurant in the new Paseo San Francisco Shopping Center in Quito, Ecuador.
Paseo San Francisco is located in the fastest-growing area of Ecuador’s capital city.
For the third consecutive year, The International Foodservice Manufacturers Association (IFMA) recognizes four outstanding foodservice chain operators through the COEX Innovation Awards.
The winners will receive their awards during IFMA’s Chain Operators EXchange (COEX), March 3–6, 2013, at The Red Rock Resort in Las Vegas.
COEX Innovation Awards recognize regional and national chain companies that are shaping the industry through innovation in culinary, operations, marketing, and service.
Smashburger, the rapidly expanding better burger restaurant concept, shares a summary of its 2012 business results and accolades. The fast growing brand added a total of 58 new locations globally in 2012, comprised of 17 corporate locations and 41 new locations opened by its franchise partners, representing 36 percent total new unit growth over 2011, with a total count of 193 restaurants.
Whether they’re attending trade shows or paying visits to existing franchisees, quick-service operators still rely on boots-on-the-ground approaches to recruiting new franchisees. But with the economy still struggling to take off, some brand executives say a little creativity is also needed to attract talented, driven people in 2013.
David Prokupek, chairman and CEO of Smashburger, says his company is taking a holistic approach to franchising this year, combining high visibility at trade shows and booking time with promising referrals.
On the eve of celebrating the opening of its 200th restaurant, Smashburger unveils a new restaurant design targeted at the next generation of burger enthusiasts.
With interior details that convey a more modern and comfortable atmosphere, Smashburger continues to demonstrate why it is the leader in the “better burger segment” of the restaurant industry.
Aside from all being west of the Mississippi River, Denver; Waco, Texas; and Yuma, Arizona, have seemingly little in common. One is a thriving cosmopolitan metro nestled on the rim of the Rocky Mountains; one sits in the shadow of much larger and more heralded Lone Star markets; and the other perches quietly on the nation's southern border.
Each has its own charm and character, but all share one distinction: high potential for quick-service restaurant growth, according to QSR’s third-annual Growth 40 report.
Smashburger announces it has ranked 9th on the inaugural ranking of Inc.’s Hire Power Awards, recognizing the private businesses that have generated the most jobs in the past three years. Sponsored by Bank of America Merrill Lynch, the Inc. Hire Power Awards celebrate private companies on the forefront of American job creation.
Smashburger, the rapidly expanding better burger restaurant, celebrated the grand opening of its first Latin American restaurant location in Costa Rica on Saturday, December 1. This restaurant, located at Centro Comercial Lincoln Plaza, Moravia, San Jose, is the first of 18 franchise locations planned for the area by franchise partner Richard Eisenberg of QSR International. Eisenberg will also soon open locations in Central America, South America, and the Caribbean.
Wine connoisseurs for years looked down their noses at beer, considering the latter, better-selling beverage as a drink of the “common man.”
That view is slowly evolving, however, as an increasing number of Americans become fans of the many craft beers being brewed all across the country. And it’s an evolution that’s starting to impact quick-service restaurants, too.