BurgerFi | |
Company type | Public |
Nasdaq: BFI | |
Industry | Restaurants |
Genre | Fast casual restaurant |
Founded | February 2011 , in Lauderdale-by-the-Sea, Florida, United States [1] |
Founder | John Rosatti |
Headquarters | , United States |
Number of locations | 120 |
Areas served | United States, Mexico, Middle East, United Kingdom |
Key people | Ian Baines (CEO) [3] |
Products |
|
Revenue | US$ 34.7 million (2020) |
Number of employees | 700 (2020) [4] |
Website | BurgerFi.com |
BurgerFi International, Inc. (doing business as BurgerFi) is an American hamburger restaurant chain aimed at the "better burger" sector of the market. [5] The first location was opened in February 2011 in Lauderdale-by-the-Sea, Florida. [6]
In 2015 a review in USA Today spoke of "... its upscaled statement with sleek modern restaurants giving just a hint of bar or coffeehouse atmosphere". [7]
In 2017, the chain partnered with Beyond Meat and subsequently introduced a vegetarian/vegan burger patty called the "Beyond Burger". [8]
In 2018, the Consumers Union graded the top 25 burger chains in the U.S. on their antibiotic use policies for beef. BurgerFi was one of the two chains that were given an "A" rating for using beef that was raised without routine use of antibiotics. [9]
In November 2021, BurgerFi completed the acquisition of Florida-based pizza chain Anthony's Coal Fired Pizza, which has 61 locations in 8 US states [10] as of June 2021. [11]
A hamburger or simply burger is a food consisting of fillings—usually a patty of ground meat, typically beef—placed inside a sliced bun or bread roll. Hamburgers are often served with cheese, lettuce, tomato, onion, pickles, bacon, or chilis; condiments such as ketchup, mustard, mayonnaise, relish, or a "special sauce", often a variation of Thousand Island dressing; and are frequently placed on sesame seed buns. A hamburger patty topped with cheese is called a cheeseburger.
A fast-food restaurant, also known as a quick-service restaurant (QSR) within the industry, is a specific type of restaurant that serves fast-food cuisine and has minimal table service. The food served in fast-food restaurants is typically part of a "meat-sweet diet", offered from a limited menu, cooked in bulk in advance and kept hot, finished and packaged to order, and usually available for take away, though seating may be provided. Fast-food restaurants are typically part of a restaurant chain or franchise operation that provides standardized ingredients and/or partially prepared foods and supplies to each restaurant through controlled supply channels. The term "fast food" was recognized in a dictionary by Merriam–Webster in 1951.
Burger King Corporation is an American multinational chain of hamburger fast food restaurants. Headquartered in Miami-Dade County, Florida, the company was founded in 1953 as Insta-Burger King, a Jacksonville, Florida–based restaurant chain. After Insta-Burger King ran into financial difficulties, its two Miami-based franchisees David Edgerton (1927–2018) and James McLamore (1926–1996) purchased the company in 1959 and renamed it "Burger King". Over the next half-century, the company changed hands four times and its third set of owners, a partnership of TPG Capital, Bain Capital, and Goldman Sachs Capital Partners, took it public in 2002. In late 2010, 3G Capital of Brazil acquired a majority stake in the company, in a deal valued at US$3.26 billion. The new owners promptly initiated a restructuring of the company to reverse its fortunes. 3G, along with partner Berkshire Hathaway, eventually merged the company with the Canadian-based doughnut chain Tim Hortons, under the auspices of a new Canadian-based parent company named Restaurant Brands International.
White Castle is an American regional hamburger restaurant chain with 345 locations across 13 states, with its greatest presence in the Midwest and New York metropolitan area. Founded on September 13, 1921, in Wichita, Kansas, it has been generally credited as the world's first fast-food hamburger chain. It is known for its small, square hamburgers referred to as "sliders". The burgers were initially priced at five cents until 1929 and remained at 10 cents until 1949. In the 1940s, White Castle periodically ran promotional ads in local newspapers which contained coupons offering five burgers for ten cents, takeout only. In 2014, Time named the White Castle slider "The Most Influential Burger of All Time".
Back Yard Burgers, Inc., is an American regional franchise chain of quick serve restaurants. As of March 2022, there are 38 restaurants in the Southern and Midwestern United States. Back Yard Burgers is a subsidiary of private equity firm Axum Capital Partners, and is headquartered in Nashville, Tennessee.
Fuddruckers is an American fast casual, franchised restaurant chain that specializes in hamburgers. The Fuddruckers concept is to offer large hamburgers in which the meat is ground on-site and buns are baked on the premises. As of 2019, Fuddruckers had 49 company-operated restaurants and 107 franchises across the United States and around the world. The company headquarters is in Houston, Texas. On September 8, 2020, Fuddruckers owner Luby's, Inc. announced that they planned to liquidate existing assets, including Fuddruckers' assets, distributing the proceeds to investors after the proposed sale of the chains. On June 21, 2021, Black Titan Franchise Systems announced a deal to acquire Fuddruckers for $18.5 million.
Gino's Hamburgers was a fast-food restaurant chain founded in Baltimore, Maryland by Baltimore Colts defensive end Gino Marchetti and running back Alan Ameche, along with their close friends Joe Campanella and Louis Fischer, in 1957. A new group of restaurants under the Gino's name, involving some of the principals of the original chain, was started in 2010.
A&W is a fast-food restaurant chain in Canada, franchised by A&W Food Services of Canada, Inc.
AmRest is a European multinational casual dining, fast-food restaurant and coffee shop operator headquartered in the Spanish capital, Madrid . The company runs more than 2300 locations, mostly franchises of KFC, Pizza Hut and Starbucks, and also Burger King until 2022, but also operates its own brands of restaurants. Apart from Spain, AmRest operates in Bulgaria, China, Croatia, Czech Republic, France, Germany, Hungary, Poland, Romania, Russia, Serbia, Slovakia, Slovenia, and others.
Wendy's is an American international fast food restaurant chain founded by Dave Thomas on November 15, 1969, in Columbus, Ohio. Its headquarters moved to Dublin, Ohio, on January 29, 2006. As of December 31, 2018, Wendy's was the world's third-largest hamburger fast-food chain with 6,711 locations, following Burger King and McDonald's. On April 24, 2008, the company announced a merger with Triarc Companies Inc., a publicly traded company and the parent company of Arby's. The merger was completed on September 29, 2008. Wendy's headquarters remained in Dublin. Following the merger, Triarc became known as Wendy's/Arby's Group, and later as the Wendy's Company following the sale of Arby's to Roark Capital Group.
Burger Heaven was a family owned diner-style burger restaurant in New York City, established in 1943. It closed its final location in February 2020 citing the increase in "delivery culture".
Carl's Jr. Restaurants LLC is an American fast food restaurant chain operated by CKE Restaurant Holdings, Inc., with franchisees in North & South America, Asia, Oceania, Europe and Africa.
Umami Burger is a hamburger chain based in Los Angeles, California. The name refers to the umami (savory) flavor. The restaurant was founded by Adam Fleischman, and it is part of the Umami Restaurant Group. Umami Burger offers waiter service, and most locations have a full bar. Its first restaurant opened in Los Angeles in 2009. As of 2017, Umami Burger had over 25 locations across California, Florida, Illinois, Japan, Nevada, and New York.
The Habit Burger Grill is a California-based fast casual restaurant chain that specializes in chargrilled hamburgers. The company also sells other typical fast-casual fare. It was founded in 1969 at Santa Barbara, California and its headquarters are in Irvine, California.
Impossible Foods Inc. is a company that develops plant-based substitutes for meat products. The company's signature product, the Impossible Burger, was launched in July 2016 as a vegan alternative to beef hamburger.
Mooyah is an American fast casual restaurant chain headquartered in Plano, Texas. The chain reached over 100 locations in 20 U.S. states and nine countries in 2016 in North America and the Middle East. They specialize in hamburgers, french fries, and shakes. They are known for their beef hamburgers which use Angus beef and their French-fries.
Ford's Garage is an American chain of casual dining restaurants founded in 2012. The first restaurant was opened in Fort Myers, Florida. As of December 2023, the company has 25 restaurants in six states, the majority of which are operated by 23 Restaurant Services. The chain has a licensing agreement with the Ford Motor Company that allows it to use the Ford name and the carmaker's logo.
Rotolo’s Pizzeria is an American pizza restaurant chain that was established in 1996 in Baton Rouge, Louisiana as a single pizzeria. It operates as both company-owned stores and franchises under the banner of Rotolo's Pizzeria and Rotolo's Craft and Crust, with 32 locations in 6 states. Its headquarters are in Baton Rouge, Louisiana.
In November 2021, BurgerFi announced the acquisition of Anthony's Coal Fired Pizza & Wings with 61 company-owned locations in eight states.
Anthony's was acquired by BurgerFi on November 3, 2021 and is a premium pizza and wing brand that operates 61 corporate-owned casual restaurant locations, as of June 30, 2021.