Last year marked a successful year of growth for BurgerFi. The better-burger concept reported a record year for both earnings and new units, which includes the addition of 31 new locations representing a 97 percent total new unit growth over 2013, with a total of 63 locations nationwide.
BurgerFi entered 12 new markets in 2014, including Maryland, Pennsylvania, Massachusetts, New Jersey, Arizona, Kansas, Tennessee, California, Alabama, Colorado, South Carolina, and Alaska, resulting in a 120 percent increase over 2013 and 22 markets in total. BurgerFi also focused on growth of nontraditional storefront units in 2014, adding locations at the Sun Life Stadium—home to the Miami Dolphins—and at the CNN Center in Atlanta.
The addition of new locations and markets for the company resulted in system-wide gross sales of $66.4 million, a 114 percent increase over 2013.
“Since launching in 2011, we have continued to out-perform ourselves year after year and we are thrilled about our record-breaking numbers in 2014,” says Corey Winograd, chief executive officer. “We are committed to providing consumers fresh, quality, all-natural options in their favorite foods and we are foreseeing an even more promising 2015.”
Looking ahead to 2015, BurgerFi is projected to nearly double in size with 50–60 unit openings, as well as enter uncharted territory expanding internationally in the coming year.
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