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Denver Post: Denver-based Smashburger ranks No. 2 for restaurant chain growth

Posted on May 7, 2013

Denver-based Smashburger is the second-fastest-growing restaurant group among the nation’s largest 200 chains, according to data from industry analyst Technomic.

Smashburger’s 2012 estimated sales of $171 million were up 42.5 percent from $120 million in 2011. The “better burger” chain operated 193 restaurants in the U.S. in 2012, representing a growth rate of 35.9 percent from the prior year, according to Technomic.

Smashburger is owned by Denver-based investment firm Consumer Capital Partners.
Ranking just ahead of Smashburger in the Technomic data was Dickey’s Barbecue Pit with 2012 sales growth of 46.5 percent and a 40.4 percent increase in the number of restaurants.

The largest Colorado-based chain on the list is Chipotle Mexican Grill, ranked No. 19 with U.S. sales of $2.72 billion.