Smashburger Introduces its "Better Burger" to Nashville
Franchise Agreement Brings Popular Fast-Casual Concept to the Nashville area
NASHVILLE, Tenn. --(BUSINESS WIRE)-- Smashburger, a fast-casual, "better burger" restaurant has signed an agreement with Winding River Restaurants, LLC to operate 13 restaurants in the Nashville metro area.
The deal with Winding River Restaurant, LLC brings the number of signed franchise agreements to more than 350 and by year's end, Smashburger will have approximately 100 stores in more than 15 states. With a combination of corporate, franchise and joint venture partnerships, Smashburger has created a strategy that allows the Denver-based company to grow quickly and deliver its promise of a "better-burger" that maximizes guests' time and dining experience.
Named for the cooking method used to create the perfect burger, Smashburgers are a one-third or half-pound ball of 100-percent—fresh, not frozen, Certified Angus Beef smashed on a flat grill to sear in the juicy flavors.
"Smashburger is excited to make its mark in Nashville and we are confident in our partnership with Winding River Restaurants," says Smashburger President Scott Crane. "They are the ideal franchisee to introduce Smashburger's unique concept and 'better burger' to the Nashville community."
"After trying first trying Smashburger, we loved the concept and food and realized the potential of this 'better burger' restaurant right away," says Joseph Henry, Winding River Restaurant, LLC Vice President of Operations. "Nashville is a great place for food and we are confident residents will quickly embrace Smashburger and fall in love with its savory burgers."
Denver-based Smashburger is a fast-casual restaurant designed to be every city's favorite burger place. Developed and owned by private equity and concept-development firm Consumer Capital Partners (CCP), Smashburger develops both corporate and joint venture partner stores. The company has sold franchise agreements that will total more than 500 locations over the next five years. Smashburger plans to open 100-125 stores will be open nationwide by the end of 2010.
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.