THE WORD ON THE STREET IS “DAAAANG!”

Smashburger Sees Increased Appetite for Better, Premium Options in Airports and other Non-Traditional Locations

Denver, CO – March 25, 2014 – Smashburger, the national better burger restaurant known for its fresh, smashed to order burgers, is pleased to announce partnerships for new airport locations in Phoenix, AZ, Washington, D.C. and Dallas, TX, in addition to its first casino location in Durant, OK. The new agreements bring the company’s non-traditional unit count to eight, with additional restaurants located at Newark Liberty International, Salt Lake City International, Philadelphia International and Juan Santamaría International airports.

Answering the demand for better meal options for travelers on the go, Smashburger has partnered with the following experienced franchisees to introduce the brand’s fresh, made to order fast casual offering at the following venues:

  • Phoenix Sky Harbor International Airport – Smashburger has partnered with T&T Pho, LLC and master concessionaire SSP to open the first Smashburger location at Phoenix Sky Harbor International Airport, Terminal 4, in late spring 2014. SSP is the leading provider of food and beverage brands in travel locations, operating restaurants, bars, cafés, food courts, lounges and convenience stores in airports, train stations, motorway service stations and other leisure locations across the United States and internationally.

 

  • Washington Dulles International Airport – Smashburger has partnered with Daniel Kurniawan and Inez Setiabudi of Dan Food Service Corporation to open a location at Washington Dulles International Airport, Concourse A, in fall 2014. Dan Food Service Corporation is an Airport Concessions Disadvantaged Business Enterprise (ACDBE) with more than 35 years experience in food service industry, operating specialized food concepts like Arby’s and Gachi House of Sushi.

 

  • Dallas/Fort      Worth International Airport –      Smashburger has partnered with Roz Mallet of PhaseNext Hospitality to open      a location at Dallas/Fort Worth International Airport, Terminal B, in summer      2015. Mallet is a current Smashburger franchisee with a restaurant      location on Fort Bliss, and is also a franchise owner for Buffalo Wild      Wings and Corner Bakery Café.

 

  • Choctaw      Casino Resort –      Smashburger has partnered with Choctaw Nation of Oklahoma and Delaware      North Companies Parks & Resorts to open its first casino restaurant      location at premiere Choctaw Casino Resort in spring 2014. Delaware North      is an industry leading master concessionaire, providing stewardship and hospitality      with hotel, retail, food service, recreation and transportation operations      at historic and scenic properties in North America and Australia.

Scott Crane, Smashburger CEO, commented, “Today’s traveler no longer wants to settle for subpar fast food that lacks quality ingredients and flavors, and is demanding higher quality fast casual options like Smashburger at airports and other high-traffic destinations.  As we gear up to open these new airport and casino options, our guests will no longer have to sacrifice taste for value and speed of service. Each of these new locations allows us to expand our non-traditional portfolio with strong partners that will change the way travelers eat on the go.”

Smashburger recently entered into a consulting relationship with Innovative Strategies to strategically grow its restaurant presence in the non-traditional concession market, principally U.S. airports.

Mario Trevino, President of Innovative Strategies added: “With its superior food quality and the most diverse menu offering in the better burger segment, I believe Smashburger will continue to translate well in the non-traditional concessions sector, especially airports where sophisticated air travelers demand top food quality and speed of service at a great value. We are pleased to work alongside Smashburger to actively pursue new airport opportunities across the country to grow the brand’s non-traditional concessions.”

Smashburger is focused on staying ahead of trend to give guests what they are hungry for today. Through a fresh, innovative menu that features signature burger recipes, including unique local burger recipes and the opportunity to create your own burger, Smashburger offers a premium, customized meal that fits the demands of today’s guest. The restaurant also serves up a variety of irresistible sides, freshly prepared chicken sandwiches, salads, premium handspun Häagen-Dazs shakes and craft beers, all at a great value.

About Smashburger

Smashburger is America’s fastest growing, fast casual “better burger” restaurant with more than 260 corporate and franchise restaurants operating in 30 states and in four international countries. The company began in 2007 with the vision of Rick Schaden and funding by Consumer Capital Partners—the private equity firm that he and his father Richard own. By offering fresh, premium “smashed to order” burgers, chicken sandwiches, salads, signature side items and hand-spun Häagen-Dazs shakes, Smashburger has modernized the way people think about burgers. Known for localizing its menu in every market with regionally inspired burgers, side items and local craft beers, Smashburger has received numerous awards, including ranking #2 on Franchise Times “2014 Fast & Serious” list of smartest-growing brands, being named “America’s Most Promising Company” by Forbes Magazine in 2011 and to the Top 10 in 2014, topping Fast Casual’s “2012 Top Mover & Shakers” list, and being featured on the Inc. 500 List of “America’s Fastest Growing Companies.”  Smashburger also regularly receives “Best Burger” awards in cities around the world. To learn more, visit www.smashburger.com.

About Consumer Capital Partners

Consumer Capital Partners is an innovative investment and operating company, focused on starting up, operating and investing in consumer, franchising and lifestyle brands. Consumer Capital Partners also engages in modern channels of giving across a broad spectrum of contemporary causes. To learn more about CCP, please visit www.consumercp.com.

CONTACT:          

Kristina Jorge, ICR

(646) 277-1234

KJorge@icrinc.com

 


Smashburger Named Among Top 10 on Forbes List of America’s Most Promising Companies

Denver, CO – January 23, 2014Smashburger, the leading better burger restaurant, today announced it has ranked number six on Forbes third annual America’s Most Promising Companies list. Chosen from hundreds of applicants this year, the Forbes list recognizes the nation’s top 100 privately-held, high-growth companies with compelling business models and strong management teams, as well as notable customers and investors.  Smashburger previously ranked number one on the inaugural list and did not apply for the list last year.

“2013 was another strong year for Smashburger and we are thrilled to be a part of Forbes’ annual list once again this year,” commented Scott Crane, CEO of Smashburger. “We are extremely proud to be distinguished again as one of the nation’s top 10 most promising companies. The fast casual industry has clearly resonated with the American consumer and we are pleased to be recognized as the only fast casual player on this list.”

Smashburger is known for its juicy burgers made from certified Angus beef and smashed to order, along with its premium menu offering that includes grilled chicken sandwiches, fresh entrée salads and an array of signature sides.  Smashburger’s menu also features a variety of regional recipes, craft beers, and hand-spun Häagen-Dazs shakesThere are currently 255 Smashburger locations worldwide and the company is on track to reach the 500 unit milestone within the next few years through partnerships with experienced multi-unit franchisees as well as its own investment in corporate store growth.

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Smashburger Expands Presence in Five Markets

Better burger concept continues rapid growth with four new franchise partners, bringing its restaurant pipeline to 400 units

Denver, CO November 25, 2013Smashburger, the rapidly expanding better burger restaurant concept, today announced it has added four new partners to its growing family of better burger franchisees. The commitment for 54 new restaurants brings Smashburger’s total active franchise pipeline to approximately 400 units set to open over the next several years. As a part of the company’s ongoing commitment to expand operations across all fifty states, the agreements launch Smashburger into new markets in Oakland and Orlando, in addition to further extending its footprint in Atlanta, Charlotte and Jacksonville.

“We are pleased to expand our growing national footprint with the addition of four talented new franchise partners that are well qualified to introduce Smashburger’s better burgers and premium hospitality experience to consumers in new cities,” commented Scott Crane, CEO of Smashburger. “Smashburger has seen great success in rekindling Americans’ love affair with burgers across the 30 states we operate, so we are excited to partner with a new group of industry experts to bring our one-of-a-kind experience to new guests and help us continue executing on our steady growth path.”

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Smashburger Appoints Scott Crane as New Chief Executive Officer

Denver, CO November 19, 2013Smashburger, the rapidly expanding better burger restaurant concept, today announced that Scott Crane, who as President has led company operations for the past six years, has been appointed to the position of Chief Executive Officer.  This news comes upon the departure of former CEO David Prokupek.

Throughout Scott Crane’s extensive career, he has demonstrated great ability in leading operations teams across a number of successful brands, while making impressive contributions along the way. Prior to joining Smashburger in 2007, Scott was responsible for running nearly 1,000 units for various national restaurant and retail brands, including Pizza Hut, Taco Bell and Blockbuster. His seasoned background has enabled him to build one of the industry’s strongest operational teams and business model in the fast casual segment.

Rick Schaden, Founder and Chairman of Consumer Capital Partners and Chairman of the Smashburger Board of Advisors said, “Scott has been a large part of the growth and success of the Smashburger brand, from our second restaurant to the nearly 250 restaurants we have across the globe today. We are confident he is the right executive to lead Smashburger into its next chapter, teaming up with Founder Tom Ryan in continuing to execute an unparalleled food and hospitality experience for customers, and solid, calculated growth for our brand.”

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