| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
27 |
| Employees |
1,000 |
| Revenues (TTM) (Millions $) |
167 |
| Net Income (TTM) (Millions $) |
-28 |
| Cash Flow (TTM) (Millions $) |
-5 |
| Capital Exp. (TTM) (Millions $) |
3 |
Business Description
BurgerFi International Inc. is a fast-casual restaurant chain that specializes in serving Angus beef burgers, vegetarian options, and hot dogs made from 100% natural ingredients. Founded in 2011, the company has quickly grown to become a leading player in the crowded fast-food industry, with over 125 locations worldwide.
One of BurgerFi's main selling points is its commitment to using high-quality, sustainable ingredients. All of its burgers are made with hormone-free, antibiotic-free, and vegetarian-fed Angus beef, sourced from ranchers in the United States. The company also offers veggie burgers, vegan burgers, and hot dogs made from Beyond Meat, a plant-based meat alternative.
In terms of the menu, BurgerFi offers a wide range of options beyond the traditional burger fare. For instance, customers can also order fresh-cut fries, onion rings, hand-spun shakes, house-made frozen custard, and craft beers. Some BurgerFi locations even feature outdoor seating and pet-friendly spaces, appealing to a wider range of customers.
The fast-casual chain has also made strides to promote sustainable practices in its restaurants. All of its locations feature energy-efficient equipment, compostable straws, and recycled materials such as chairs made from recycled Coke bottles. Furthermore, BurgerFi participates in the Surfrider Foundation's Ocean Friendly Restaurants program, which aims to reduce plastic waste and promote sustainable seafood practices.
Another unique aspect of BurgerFi is its mobile ordering platform, which allows customers to place orders and pay for their meals through the BurgerFi app. The company also offers delivery through third-party services such as Grubhub and DoorDash.
In terms of expansion, BurgerFi has been rapidly growing in recent years. The company went public in December 2020, with plans to use the proceeds to fund its growth and expand internationally. As of 2021, there are BurgerFi locations in over 25 states in the United States, as well as in Mexico, Kuwait, and Saudi Arabia.
Overall, BurgerFi International Inc. provides a unique fast-food experience that appeals to health-conscious consumers looking for high-quality, sustainable ingredients. With its commitment to sustainability, diverse menu, and growth potential, it's clear that BurgerFi is a company on the rise.
Company Address: 200 West Cypress Creek Rd., Fort Lauderdale 33309 FL
Company Phone Number: 618-2000 Stock Exchange / Ticker: NASDAQ BFI
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1.53%