Published: September 08, 2009
Smashburger Expands to the Fort Worth Metro Area
FORT WORTH, Texas - (BUSINESS WIRE) - Smashburger,
a fast-casual, "better burger" restaurant concept launched and funded by
private equity and concept development firm Consumer Capital Partners
(CCP), has signed a deal with Cow Town Sizzle, Inc., to operate 12
restaurants in the greater Fort Worth metro area. The Cow Town Sizzle,
Inc. venture is a branch of SB Sizzle, Inc., the franchisee group that
is also opening 10 Smashburger stores in east Texas, the first of which
is slated to open in Longview this winter.
"Texas is Smashburger's largest market and a hub for burger lovers. We
are thrilled to continue to expand into Fort Worth through this
partnership," said Scott Crane, Smashburger's president. "Based on the
group's extensive fast-casual restaurant experience and our ongoing work
with their highly-qualified team in east Texas, Cow Town Sizzle, Inc. is
the ideal franchisee to introduce Smashburger's unique concept and
'better burger' to the Fort Worth community."
Known for the cooking method used to create the perfect burger,
Smashburgers start with a one-third or half-pound ball of 100-percent
Angus beef-fresh, not frozenâsmashed, seared and seasoned on a flat
grill. Served on butter-toasted artisan buns and topped with a selection
of real cheeses, Smashburgers feature the freshest produce and
top-quality condiments.
The Cow Town Sizzle, Inc. deal brings the total number of franchises to
more than 220. With a combination of corporate, franchise and joint
venture partnerships, Smashburger has created a strategy that allows the
Denver-based company to grow quickly without affecting its core consumer
promise of a "better-burger" value that maximizes guests' time and
dining experience.
"We know the Texas fast-casual market inside and out, and we can't wait
to bring Smashburger to another burger loving community in the state.
We're certain that Smashburger will become Fort Worth's favorite burger
place in no time," said David Weaver managing partner of Cow Town, Inc.
"We have been thoroughly impressed with Smashburger's ongoing commitment
to quality, convenience and top-quality service. It's been great working
so closely with their passionate corporate team, and we're looking
forward to growing our partnership."
For press inquiries, please contact Abby Lurie at 303-394-2366. For more
details on Smashburger, visit www.smashburger.com.
About Smashburger
Denver, Colorado-based Smashburger is a fast-casual restaurant designed
to be every city's favorite burger place. Developed and funded with $15
million from private equity and concept development firm Consumer
Capital Partners (CCP), Smashburger develops both company and
joint-venture partner stores. The company has sold franchise agreements
that will total more than 200 locations over the next five years. The
company, joint venture and franchise development deals are part of
Smashburger's plan to open 500 plus restaurants across the country, 30
to 60 in 2009. Smashburger was named a 2009 Hot Concepts! award winner
by Nation's Restaurant News. To learn more, visit www.smashburger.com.
About Consumer Capital Partners
Denver-based Consumer Capital Partners (CCP) is an innovative private
investment and concept development firm focused on multi-unit retail
businesses, primarily in the restaurant, liquor, food, and leisure
industries. CCP has deep experience in the fields of private equity,
brand, concept and product development, and strategic consulting. To
learn more about CCP, please visit www.consumercp.com.
Smashburger
Abby Lurie, 303-394-2366
alurie@philosophycommunication.com
Copyright © 2012, Business Wire, Inc., All rights reserved.
Copyright © 2012, NewsBlaze,
Daily News