Better-burger segment player Smashburger Wednesday said it grew its restaurant base by 55 percent and entered 12 new markets in 2011 to end the year with 143 locations. The Denver-based chain, which is owned by Consumer Capital Partners, said its 51 new restaurants and a 3-percent increase in same-store sales at existing locations pushed annual systemwide sales to $115.7 million. “In 2012, our growth plan is to add 50 to 70 new restaurants in new and existing markets, including ...
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Contact: Desiree Torres Desiree.Torres@penton.com