Smashburger Opens First Latin America Restaurant in Costa Rica

Better Burger Chain Celebrates Grand Opening with Debut of Locally-Inspired Costa Rica Burger

Denver, CO – December 3, 2012 – Smashburger, the rapidly expanding better burger restaurant, celebrated the grand opening of its first Latin American restaurant location in Costa Rica on Saturday, December 1. This restaurant, located at Centro Comercial Lincoln Plaza, Moravia, San Jose, is the first of 18 franchise locations planned for the area by franchise partner Richard Eisenberg of QSR International. Eisenberg will also soon open locations in Central America, South America and the Caribbean.

The popular better-burger chain, recently named by Forbes Magazine as “America’s Most Promising Company”, is fast becoming an international favorite as well.  The opening of Smashburger’s first Costa Rica restaurant marks the third international market for the brand outside the United States. It currently operates locations in Kuwait and Canada, and plans to open its next international locations in Saudi Arabia in early 2013.

“Our expansion into Latin America is an important milestone for Smashburger,” said David Prokupek, Chairman and CEO of Smashburger.  “We’ve built a brand that has a strong, passionate following well-beyond the borders of the United States.  Costa Rica is certain to be a great market for us.”

Smashburger, a brand that has built its reputation on fresh, made-to-order, 100 percent Certified Angus Beef that is “smashed” and seared to lock in the juices of the burger, offers a regional recipe in every market.  In Costa Rica, the local burger is topped with chorizo, grilled Turrialba cheese, refried black beans, fried potato sticks, and Lizano cilantro mayo on a classic egg bun. Cost Rican customers may also enjoy Smashburger’s Pejibaye Frites, a side of flash-fried and seasoned peach palm fruit with cilantro mayo, or Portabello mushroom fries.

Franchise owner Richard Eisenberg commented: “We are delighted and privileged to have opened our first Smashburger location in Costa Rica.  It’s a restaurant that truly sets a new standard in the way people enjoy burgers.”

About Smashburger

Smashburger is America’s fastest growing, fast casual “better burger” restaurant with 200 corporate and franchise restaurants operating in 29 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 Haagen-Dazs shakes, Smashburger has modernized the way people think about burgers.  Known for localizing its menu in every market with regionally inspired burgers and side items and offering local craft beers, Smashburger has received numerous awards including topping Fast Casual’s 2012 Top Mover & Shakers list, America’s Most Promising Company by Forbes magazine, INC. 500’s List of America’s Fastest Growing Companies INC’s #9 Hire Power Award winner, and is regularly voted “best burger’ in cities all around the world.  To learn more, visit www.smashburger.com.

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Kristina Jorge, ICR

646-277-1234

kjorge@icrinc.com