This Popular Burger Chain Is Opening 35 New Locations This Year
For most restaurant chains 2020 was an abysmal year, but not for the upscale fast-food chain BurgerFi. The brand has seen a major surge in delivery sales and was able to close the year out with a small boost in revenue, according to the company's preliminary fourth quarter results released this week.
"While this past year was challenging for the entire restaurant industry, it has been a tremendous year of growth for BurgerFi as they have just gone public," said BurgerFi executive chairman Ophir Sternberg in a statement. (Related: McDonald's Is Making These 8 Major Upgrades.)
The brand, which opened its first location 10 years ago, invested heavily in digital platforms and boosted their delivery capabilities by onboarding third-party delivery services. The restaurant has partnerships with Grubhub, DoorDash, Postmates, Uber Eats, and even uses its own app to coordinate food deliveries with third-party delivery drivers, thus giving them myriad ways to efficiently fulfill remote orders.
Riding their wave of success and their recent transition to being a publicly traded company, the better-burger concept now plans to open between 30 and 35 company- and franchise-operated restaurants in 2021, and 40 to 45 locations in 2022, according to the report. This constitutes significant growth for the chain that at present counts 125 locations in the U.S. and abroad.
The company currently has locations up and down the Eastern Seaboard, several in the Midwest and in Texas, and a location as far west as Arizona. Within a matter of weeks, they plan to add a Las Vegas restaurant as part of their expansion push.
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