Smashburger's asset
Smashburger

@smashburger.com

Burger Restaurant

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About

Description

Smashburger is a popular fast-casual restaurant chain based in the United States, known for its gourmet burgers. The company was founded in 2007 by Tom Ryan, Rick Schaden, and private equity firm Consumer Capital Partners. Its headquarters are located in Denver, Colorado.


The fundamental concept behind Smashburger is to provide customers with handcrafted burgers made from fresh, never-frozen meat, which is smashed on a grill to create a delicious sear. Alongside their signature burgers, Smashburger also offers a range of customizable options including chicken sandwiches, salads, sides, and shakes. With over 300 locations across the United States, Smashburger enjoys significant market presence and brand recognition.


The franchise has expanded its operations globally and currently has outlets in various countries, including Canada, Saudi Arabia, Kuwait, Costa Rica, El Salvador, and the United Kingdom. In terms of subsidiaries and partnerships, Smashburger was acquired by Jollibee Foods Corporation, a Filipino multinational fast-food company, in 2018. This acquisition further strengthened Smashburger's position and provided the company with new growth opportunities in international markets.


Within its competitive landscape, Smashburger faces competition from other fast-food giants such as McDonald's, Burger King, and Wendy's, in addition to numerous gourmet burger chains. However, the company's focus on quality ingredients and unique cooking technique has allowed it to differentiate itself and gain a loyal customer base. Over the years, Smashburger has continuously adapted its menu to cater to changing consumer preferences.


They have introduced healthier options, gluten-free buns, and innovative burger creations to appeal to a wide range of customers. These strategic efforts have contributed to the brand's steady growth and recognition in the food industry. Currently, the latest updates on Smashburger's recent activities are not available.


Nevertheless, the brand maintains a strong presence in the United States and abroad, offering its customers a unique and enjoyable dining experience

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Company Type

Privately Held

Company Size

1001-5000

Year Founded

2007

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