Industry News | December 5, 2011

Smashburger Ranked America's Most Promising Company

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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.

“We took a more comprehensive approach to evaluate their health and potential.”

Smashburger is the country’s fastest growing better burger restaurant concept, known for its juicy burgers that are smashed fresh, served delicious, along with its premium menu offering that includes grilled and crispy chicken sandwiches, fresh entrée salads, and an array of signature sides.

There are currently 143 Smashburger locations nationwide and the company is on track to reach the 500 unit milestone within the next few years through partnerships with experienced multi-unit franchisees as well as corporate store growth.

The company also recently announced its plans to expand into the Middle East and Canada through a combination of franchise partnerships and corporate locations.

"We are thrilled to join this impressive list of America’s 100 Most Promising Companies and are honored to be recognized for our rapid growth and innovative concept," comments Dave Prokupek, Chairman and CEO of Smashburger.

"This is a humbling and proud day here at Smashburger, and we could not have succeeded without the tremendous loyalty of our customers, the support of our franchise partners and the commitment of our incredible team. We look forward to the next chapter and continued opportunity to grow our brand."

Forbes’ new 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.