82. BurgerFi's Massive Growth Plan | The Next Big Burger Chain?
Feb 8, 2021 ·
29m 52s
Better-burger chain BurgerFi is plotting a massive expansion strategy. With plans to add 30-35 new locations this year, expanding ghost kitchen operations and the brand’s first drive-thru it has been...
show more
Better-burger chain BurgerFi is plotting a massive expansion strategy. With plans to add 30-35 new locations this year, expanding ghost kitchen operations and the brand’s first drive-thru it has been a tremendous year of growth for BurgerFi as they have just gone public (BFI). The company's new CEO also has nearly three decades of experience in various positions at Burger King. The 125-unit chain credited “significant increases” in delivery and app sales for the small revenue boost in 2020. Given the aggressive growth plan, BurgerFi could be an undervalued stock to own within the hard hit restaurant industry.
show less
Information
Copyright 2024 - Spreaker Inc. an iHeartMedia Company
