Denver, CO January 5, 2011 Smashburger, the fastest growing better burger concept in the U.S. and recently ranked as Forbes Magazine #1 Most Promising Company in America, today announced it has partnered with international restaurateur Richard Eisenberg and his company, QSR International in a growth initiative to expand the brands footprint into Latin America. Mr. Eisenbergs franchise commitment of 18 restaurants will bring Smashburgers juicy burgers that are smashed fresh and served delicious, along with its premium menu offering to new territory in Central and South America and the Caribbean.
The company expects to open its first Latin America locations in Costa Rica in 2012 and is actively seeking additional experienced multi-unit operators to become franchise partners across the Latin American region. The Smashburger locations in Latin America will open over the course of the next several years. This marks the third international market for Smashburger, following recent expansion announcements for Canada and the Middle East.
Richard Eisenberg is a veteran franchise executive who possesses deep industry expertise developing successful growth concepts across the Latin American region. As former General Manager and Executive Director of YUM Brands Central America, Caribbean and Northern Latin America, Eisenberg brings a wealth of knowledge to Smashburgers international development team having orchestrated 169 new restaurant openings in 16 countries in four years for KFC, Pizza Hut and Taco Bell. Now co-founder and president of QSR International, Eisenberg and his team have successfully executed 120 restaurant openings in 13 countries for KFC, Quiznos and Teriyaki Experience.
After many years of knowing Richard and being impressed with his success, we are pleased and privileged to welcome him to the Smashburger family and look forward to leveraging his rich regional experience to introduce, develop and grow our brand in Latin America, commented Dave Prokupek, chairman and CEO of Smashburger. The Latin American marketplace presents a significant opportunity for Smashburgers growth and we are excited to partner with such a passionate restaurant operator to bring our premium better burger offering and diverse menu to his home market of Costa Rica and new cities across the region. We are confident consumers in these new markets will respond enthusiastically to our localized menu and exceptional service.
Richard Eisenberg, Smashburger franchisee stated: With its superior food quality and the most diverse menu offering in the better burger segment, I believe Smashburger will continue to translate extremely well across many countries and cultures. I am excited to debut this exciting brand in Latin America, and look forward to working with Smashburgers talented team to exceed company expectations for the region.
Smashburger will continue its focus on serving localized menus for its guests in Latin America with the addition of locally inspired burgers developed specifically for area residents. Costa Ricas regional burger will be unveiled at the time of the opening.
Each Smashburger starts with 100-percent Certified Angus Beef that is smashed on a 400 degree flat grill to sear in the juicy flavor. To further the better burger experience, the juicy burger is served on a toasted artisan bun and topped with a selection of the freshest produce, real cheeses, and highest-quality condiments.
But Smashburger is more than just burgers. Customers can also enjoy a selection of tender marinated grilled or crispy chicken sandwiches, grilled and split hot dogs, and fresh tossed signature salads, along with a variety of irresistible sides including rosemary and garlicseasoned Smashfries, fried pickles, Haystack Onions, and Veggie Frites (flash-fried and seasoned asparagus spears, carrot sticks and green beans). The restaurant will also serve a selection of alcoholic and non-alcoholic beverages including local beers, wine, and hand-spun Häagen-Dazs® shakes.
Smashburger is the countrys fastest growing, fast casual better burger restaurant. Its hand-crafted burgers are made with fresh, never frozen, 100% Certified Angus Beef, that are smashed, seared and seasoned on the grill to juicy perfection for every individual order. Guests can create their own burger masterpiece or enjoy one of Smashburgers innovative signature recipes, including a unique burger for every local market that highlights the distinctive flavors of that region. Smashburger also serves tender marinated grilled or crispy chicken sandwiches, grilled and split hot dogs, freshly prepared entrée salads, kids meals, handspun Häagen-Dazs shakes and an array of signature sides. Developed and owned by private equity firm Consumer Capital Partners (CCP), Smashburger operates and develops both corporate and multi-unit franchise territories across the country with 143 restaurants nationwide. Smashburger topped Forbes Americas Most Promising Company list in 2011 and was also named to the 2011 Inc. 500 list. It is the recipient of the International Council of Shopping Centers 2011 Hot Retailer Award. To learn more, visit www.smashburger.com.
Kristina Jorge, ICR