Smashburger, the fastest growing “better burger” concept in the U.S. and recently ranked as Forbes Magazine’s No. 1 “Most Promising Company in America,” today announced it has partnered with international restaurateur Richard Eisenberg and his company, QSR International, in a growth initiative to expand the brand’s footprint into Latin America.
Smashburger, is pleased to announce that it has been ranked No. 1 on Forbes first annual America’s Most Promising Companies list.
The Forbes' list of America’s Most Promising Companies features 100 privately held up-and-comers with compelling business models, strong management teams, notable customers, strategic partners and precious investment capital.
“Sizing up younger, privately held companies is hard: Their fortunes can change very quickly and there’s a dearth of public data,” says Forbes Executive Editor Brett Nelson.
Smashburger, the fast growing better burger concept in the U.S., announced it has signed its first two lease agreements in the Calgary market, bringing its juicy burgers, tender chicken sandwiches, and fresh salads to Canada for the first time.
The company expects to open its first Calgary location in 2012. It plans to open 10 to 15 units in the Calgary and Edmonton markets over time.
Smashburger has recently partnered with the Charlotte chapter of Toys For Tots, joining the foundation in its efforts to provide Christmas gifts for local children in need.
The restaurant, located in the Stonecrest Shopping Center, is now an official drop site for the foundation, providing a convenient location for residents to drop off donations.
Individuals who would like to make a donation to Toys For Tots may drop their gifts off at Smashburger during regular business hours (open daily from 10 a.m. to 10 p.m.) from now through Dec. 23.
Smashburger is becoming almost as well known for its community involvement as it is for its fresh menu options. This time, it's Breast Cancer Awareness (BCA) receiving the support. In honor of October, the official month of BCA, the restaurant in Charlotte, North Carolina, located in the Stonecrest Shopping Center on Rea Road, is holding a month-long event to raise funds for the cause.
With the better-burger category taking off in the U.S., and with its place solidified as one of the top players in the category, Smashburger announced its first deals for international units.
Development agreements were signed that will take the Denver-based chain to Saudi Arabia, Bahrain, and Kuwait.
Dave Prokupek, chairman and CEO of Smashburger, says the company has been looking into international expansion for the last year, and that the time is ripe to take the successful burger company overseas.
Smashburger announced it is ranked No. 99 on the 30th annual Inc. 500, thanks to its three-year sales growth of 2,673 percent. The Inc. 500 is an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs.
It may be that a person usually needs to hear something at least three times before it registers in their mind. But something I heard at the 15th Annual UCLA Extension Restaurant Industry Conference recently stood out to me the first time it was said—and its impression only got stronger each time I heard the point repeated throughout the day.