BurgerFi® Strategically Acquires Two Franchise Restaurants in South Florida
October 17 2023 - 8:15AM
Business Wire
Premium burger brand accelerates growth mode in
core market
In a strategic move signaling its commitment to exceptional food
and an enjoyable dining experience, BurgerFi International, Inc.
(Nasdaq: BFI, BFIIW) (“BurgerFi” or the “Company”), announced today
its corporate expansion efforts through the acquisition of two
South Florida franchise restaurants with corporate operations
beginning today. Located in Hallandale Beach and Miami Beach, the
acquisition represents a step in the brand’s evolution and
commitment to continued development in primary markets across the
country.
Following his first 90 days as CEO of the Company, Carl
Bachmann’s comprehensive 5-point business plan is gaining momentum,
focusing on defining the portfolio. This acquisition adds another
layer to the brand’s presence. With the addition of these two
restaurants, the company will now operate 27 corporate locations
throughout its home state of Florida. The two restaurants are
located at 1955 E Hallandale Beach Blvd, Hallandale Beach, FL, and
6812 Collins Ave, Miami Beach, FL.
“By defining the BurgerFi portfolio and strengthening our
foundation, we recognized an opportunity for growth in our
backyard,” said Carl Bachmann, CEO of BurgerFi International.
“Operating these restaurants in highly trafficked, popular tourist
spots in south Florida is a strategic move to solidify our presence
in core markets.”
The brand also recently announced it will be making a grand
return to New York City in December 2023 with the reopening of its
flagship restaurant and the unique Better Burger Lab experience.
This store will join locations in Brooklyn and Long Island, as the
company steps up its commitment to the vital market. Of course, our
top priority across all locations remains to deliver a premium
brand experience to drive customer satisfaction, resulting in
stronger customer traffic.
“South Florida is a top destination for New Yorkers, and now our
guests can discover BurgerFi in South Florida and go back and enjoy
it year-round in Manhattan. This is a win-win for both our guests
and the brand,” added Bachmann.
BurgerFi has reimagined the burger experience with its
chef-driven, “better burger” concept. Guests can enjoy a variety of
chef-crafted, high-quality food, including Fresh-Cut Fries, Frozen
Custard Shakes, Fi'ed Chicken Tenders and Sandwiches, and 100%
All-Natural Angus Beef with no steroids, antibiotics, growth
hormones, chemicals, or additives. For more information about
BurgerFi or to find the nearest location, visit WWW.BURGERFI.COM
and download the BurgerFi app for free fries on your first
order.
About BurgerFi International (Nasdaq:
BFI, BFIIW)
BurgerFi is chef-founded and committed to serving fresh,
all-natural and quality food at all locations, online and via
first-party and third-party deliveries. BurgerFi uses 100% American
Angus Beef with no steroids, antibiotics, growth hormones,
chemicals or additives. BurgerFi’s menu also includes high quality
Wagyu Beef Blend Burgers, Antibiotic and Cage-Free Chicken
offerings, Fresh, Hand-Cut Sides, and Frozen Custard Shakes and
Concretes. BurgerFi was named “The Very Best Burger” at the 2023
edition of the nationally acclaimed SOBE Wine and Food Festival,
awarded #1 “Best Fast Food Burger” in USA Today’s 10 Best Readers’
Choice Awards, “Best Fast Casual Restaurant” in USA Today’s 10 Best
2023 Readers’ Choice Awards for the third consecutive year, QSR
Magazine’s Breakout Brand of 2020 and Fast Casual’s Top Ten Brands
for 10 consecutive years and in 2021 #1 Brand of the Year. Consumer
Report’s Chain Reaction Report awarded BurgerFi an “A-Grade Angus
Beef” rating in 2018. In 2021, Consumer Report praised BurgerFi for
serving “no antibiotic beef” across all its restaurants for the
third consecutive year. To learn more about BurgerFi or to find a
full list of locations, please visit www.BurgerFi.com. Download the
BurgerFi App on iOS or Android devices for rewards and ‘Like’ or
follow @BurgerFi on Instagram, Facebook, Threads and X. BurgerFi®
is a Registered Trademark of BurgerFi IP, LLC.
Twitter: https://twitter.com/burgerfi Facebook:
https://www.facebook.com/burgerfi Instagram:
https://instagram.com/burgerfi Threads:
https://www.threads.net/@burgerfi TikTok:
https://www.tiktok.com/@burgerfiofficial YouTube:
https://www.youtube.com/BURGERFI
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version on businesswire.com: https://www.businesswire.com/news/home/20231017772197/en/
Media Contact: Ink Link
Marketing Brianne Barbakoff brianne@inklinkmarketing.com
305.333.2809
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