America's Top Upscale Burger Chain Is Opening 30 New Locations
The award-winning upscale burger chain reported a systemwide sales growth of 19% in the first quarter and announced 30 new locations.
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The award-winning upscale burger chain reported a systemwide sales growth of 19% in the first quarter and announced 30 new locations.
Provided April 29, 2021 Although BurgerFi reported that Q4 sales decreased 7%, total revenue was up 12% and delivery and digital sales rose by more than 80% over the period ending Dec. 31, 2020. Building on that momentum, the Florida-based chain will add 30 units by year's end, including its first location in Saudi Arabia, said CEO Julio Ramirez, who called 2020 a "transformative year." "We made progress expanding our footprint with 11 new restaurants, including our first drive-thru location in Kentucky," he said in a company press release. "Additionally, we opened nine delivery-only ghost ki...
BurgerFi is out to change the traditional fast-food burger model. The Florida-based grass-fed beef burger chain went public in late 2020 through the SPAC process. Stewart plans to "create menu choices of highest quality ingredients for discriminating diners." Perhaps it's fitting that the very first BurgerFi restaurant replaced a shuttered Burger King in Florida. When the first grass-fed burger outlet opened in 2011, the co-founders set out to build a fast food burger brand of the future – a modern concept where everything from the food to the furniture would be made from sustainable prod...