Smashburger (plaza Madero)

Gran variad de comida y las combinaciones que no te puedes imaginar hamburguesa y sushi una gran mezcla y bebidas saludables. How will Smashburger improve JFC's global market presence? How will the acquisition influence the sales profile of JFC? What are the risks and opportunities that this deal will bring to JFC? Here are the five things each stock exchange investor needs to know about JFC's acquisition of Smashburger: ADMINISTRATIVE PROCEDURE 1. Know the background of the company When Tom Ryan, who innovated the Stuffed Crust Pizza for Pizza Hut and McGriddles for McDonald's, with Rick Dam, former owner of Quiznos, to launch Smashburgers in 2007, they looked forward to creating a restaurant that would come on the “better Burger” market. The partners who bought a Denver-based restaurant with initial capital of US$15 million to start the business created their burger with chopped Angus beef with "Schmashing" technique with a specialized process of cooking for better taste. When the first Smashburg restaurant opened in Denver, it became so successful that it immediately expanded to Houston and Minneapolis. The restaurant chain also started franchising and finally grew to 143 locations in 2011. Three years later, the chain continued to grow to 256 locations with over $300 million in sales. By 2015, when Jollibee bought into the company, the chain had 312 stores. Today, Smashburgers has 347 branches in 38 US states and nine countries with an estimated market share of less than 0.5 percent of the US market. ADMINISTRATIVE PROCEDURE 2. Despite the success of Smashburger, the restaurant chain seems to be fighting financially. In 2015, SJBF reported the company that operates Smashburger that it caused a net loss of $20 million. This increased to US$29 million in the following year, despite an increase in gross revenue by 10.7 percent to US$216 million in 2016 of US$195 million in the previous year. SJBF also had negative equity, which means that the company had more liabilities than assets. In 2017, JFC reported in his comments on the financial statement that there were additional equity losses of SJBF from Php330 million, but this year, it posted a lower share of loss of SJBF from September of around Php27 million.

Smashburger no longer exist here in El salvador. Instead there 's a new local, it 's always a burgers place but this one it 's called Santa Burguesa . By the way the burgers are so tasty.

The food was great. The staff was friendly. The prices were good. My husband and I ordered 2 burgers with fries, one coke, one natural lemonade, one milkshake and churros and it was only $20. I say that is a great deal

I had the spicy jalapeño burger with a side of chili cheese fries and let me tell you, it did not disappoint. The burger was delicious and so are their ice cream shakes.

Gran variedad de comida y las combinaciones que no te puedes imaginar hamburguesa y sushi una gran mezcla y bebidas saludables. How will Smashburger enhance JFC’s global market presence? How will the acquisition affect JFC’s revenue profile? What are the risks and opportunities that this deal will bring to JFC? Here are the five things every stock market investor must know about JFC’s acquisition of Smashburger: ADVERTISEMENT CONTINUE READING BELOW 1. Know the background of the company When Tom Ryan, who innovated the Stuffed Crust Pizza for Pizza Hut and McGriddles for McDonald’s, partnered with Rick Schaden, former owner of Quiznos to launch Smashburgers in 2007, they envisioned to create a restaurant that would cater to the “better burger” market. The partners, who bought a Denver based restaurant with initial capital of US$15 million to startup the business, created their burger using chopped Angus beef with “smashing” technique using a specialized process of cooking for better flavor. When the first Smashburger restaurant in Denver opened, it became so successful that it expanded immediately to Houston and Minneapolis. The restaurant chain also started franchising and eventually grew to 143 locations in 2011. Three years later, the chain further expanded to 256 locations with over US$300 million revenues. By 2015 when Jollibee bought into the company, the chain had 312 stores. Today, Smashburgers has 347 stores in 38 US states and nine countries with an estimated market share of less than 0.5 percent of the US market. ADVERTISEMENT CONTINUE READING BELOW 2. Know the financial track record Despite the success of Smashburger, the restaurant chain seems to be struggling financially. In 2015, SJBF, the company that operates Smashburger, reported that it incurred a net loss of US$20 million. This increased to US$29 million net loss the following year despite a 10.7 percent increase in gross revenues to US$216 million in 2016 from US$195 million the previous year. SJBF also had negative equity, meaning the company had more liabilities than assets owned. In 2017, JFC reported in its notes to financial statement that it booked additional equity losses from SJBF of Php330 million but this year, it booked a lower share of loss from SJBF as of September of around Php27 million.