BurgerFi
BurgerFi is a premium fast-casual better-burger chain serving all-natural, hormone-free Angus Beef burgers and chef-crafted menu items across ~85 franchised and company-owned US locations, now privately held under Happy Group following its 2024 bankruptcy exit.
- Company typePrivate
- Founded2011
- HeadquartersPalm Beach, United States
- Headcount1,001–5,000
- GTM typeB2C
- OfferingServices
What BurgerFi does
BurgerFi is a premium fast-casual better-burger restaurant chain founded in 2011 in Lauderdale-by-the-Sea, Florida, by a team led by founder John Rosatti. The company operates company-owned and franchised restaurants serving all-natural, hormone- and antibiotic-free Angus Beef burgers under the Never-Ever sourcing program, complemented by Wagyu options, antibiotic-free chicken, the proprietary VegeFi plant-based burger (quinoa plus 15 vegetables), hand-cut fresh fries, beer-battered onion rings, frozen custard shakes, and a chef-driven menu. The technical stack is a conventional restaurant POS plus digital ordering platform integrated with a proprietary V-Fi-P mobile loyalty app (iOS and Android), branded digital gift card storefront, direct website ordering, and third-party delivery aggregators covering all 50 US states plus Washington DC. The franchise program targets experienced multi-unit operators requiring $500K liquid assets and $1M net worth per store, with initial investment ranging from $629,900 to $1,011,750 per location.
The company monetizes through three core revenue streams: per-transaction restaurant sales at dine-in, takeout, and delivery; recurring franchise fees ($45K initial fee per location) and ongoing royalty income; and ancillary catering (with $60 delivery minimum) and gift card float. Customer segments include general premium-casual diners, quality-conscious fast-food switchers, corporate and event catering clients, and franchisee operators. Primary distribution channels are owned and franchised restaurants, direct digital (app and order.burgerfi.com), third-party delivery aggregators, and the catering program.
BurgerFi's corporate history is turbulent: it went public via SPAC merger with OPES Acquisition Corp at a $250M market cap in December 2020, acquired Anthony's Coal Fired Pizza & Wings from L Catterton for $161.3M in October 2021 (scaling to 177 locations), filed for Chapter 11 bankruptcy in September 2024 with $50-100M in assets and $100-500M in debt, and was acquired out of bankruptcy by Savvy Sliders (parent Happy Group) in December 2024, transferring 85 BurgerFi restaurants into a combined 206-store portfolio. The company is currently privately held under Happy Group, with leadership including CEO Christopher Jones, Founder John Rosatti, Chief Culinary Officer Paul Griffin, and Chief Operating Officer Nick Raucci.
BurgerFi firmographics
Firmographics- Name
- BurgerFi
- Legal name
- BurgerFi International, Inc.
- Website
- https://burgerfi.com
- Company type
- Private
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- BurgerFi is a premium fast-casual better-burger chain serving all-natural, hormone-free Angus Beef burgers and chef-crafted menu items across ~85 franchised and company-owned US locations, now privately held under Happy Group following its 2024 bankruptcy exit.
- Ownership category
- akta.pro rank
BurgerFi industry classification
Industry- Product category
- Premium Fast-Casual Burger Restaurants
- NAICS
- Limited-Service Restaurants (722513)
- SIC
- Miscellaneous Food Preparations & Kindred Products (2090)
- akta.pro primary industry
- Burger Fast Casual (THAFABAA)
Keywords
Where BurgerFi is headquartered
LocationHeadquarters
- HQ city
- Palm Beach
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
BurgerFi business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Restaurant Sales (Dine-in, Takeout, Delivery): Revenue from direct restaurant sales to consumers at company-owned and franchised locations, including dine-in, takeout, and third-party delivery orders. This represents the primary revenue stream for the fast-casual restaurant brand.
- Franchise Fees and Royalty Income: BurgerFi generates franchise development fees (one-time initial franchise fee of $45,000 per location) and ongoing royalty income from franchised locations. Franchisees pay for the right to operate BurgerFi branded restaurants under the company's standards.
- Catering Services: BurgerFi offers catering services at participating locations with a $60 minimum for delivery, generating incremental revenue from corporate events, birthday parties, and large gatherings. Delivery hours are Monday through Sunday 11am-10pm.
- Gift Card Sales: Sale of digital and physical gift cards through BurgerFi's branded storefront, generating float revenue and driving new customer acquisition.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Individual menu items — dine-in, takeout, delivery pricing |
| Unit Pricing | Pay-as-you-go | Catering packages — minimum $60 for delivery |
| One time/ perpetual license | Multi-year contract | Franchise initial investment: $629,900 to $1,011,750 per location |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels8 records
BurgerFi product offering
Product offeringCore offering
BurgerFi operates a premium fast-casual restaurant chain selling chef-crafted burgers made with all-natural, hormone- and antibiotic-free Angus beef, Wagyu and vegetarian VegiFi patty options, antibiotic-free chicken, fresh-cut fries, beer-battered onion rings, and frozen custard shakes, served through company-owned and franchised dine-in, takeout, catering, mobile app, website ordering, and third-party delivery channels in the US, Puerto Rico, and select international markets.
Product overview
BurgerFi is a fast-casual premium burger restaurant chain founded in 2011 in Lauderdale-by-the-Sea, Florida. The company operates approximately 120 franchised and corporate-owned restaurants across 22 states, Puerto Rico, and two countries. The product portfolio centers on premium burgers made with 100% American Angus Beef that is hormone and antibiotic-free, complemented by Wagyu beef offerings, antibiotic-free chicken tenders and sliders, vegetarian options like the award-winning VegiFi burger, fresh-cut fries, beer-battered onion rings, and frozen custard shakes. The company also offers catering services, a loyalty rewards program (V-Fi-P), digital gift cards, food delivery through third-party providers, and franchise opportunities for restaurant operators.
Differentiator
Problem solved
Functional benefit
Brands
- V-Fi-P Rewards: BurgerFi's loyalty/rewards program offering points, free items, and member-only promotions.
- VegeFi Burger
Products and services
- Premium Burger Menu (Angus, Wagyu, VegiFi, Chicken)
- Sides (Fresh-Cut Fries and Onion Rings) Hand-cut fries made in-house daily from whole Russet potatoes using a double-fry technique, plus beer-battered jumbo onion rings made to order, sold as standalone sides and combo items (Cry + Fry).
- Frozen Custard Shakes Frozen custard shakes offered in Birthday, Chocolate, Vanilla, Strawberry, and Oreo flavors, with seasonal varieties.
- V-Fi-P Rewards Loyalty Program BurgerFi's proprietary mobile loyalty program offering points per dollar spent, a free birthday shake, double points on Tuesdays for Ultimate Fi-natic status members, half-birthday rewards, free cheeseburger sign-up offer, and integrated mobile ordering and payment via iOS and Android apps.
- Catering Services Catering packages available at approximately 50 participating BurgerFi locations for corporate events, birthday parties, and large gatherings, with delivery (Mon–Sun 11am–10pm, $60 minimum) and takeout (no minimum) options.
- Gift Cards Digital and physical BurgerFi gift cards sold through the company's branded e-commerce storefront, usable at participating restaurant locations.
- Delivery Service Food delivery available across all 50 US states plus DC, fulfilled through third-party delivery aggregator platforms and the BurgerFi mobile app / website for direct ordering with loyalty earnings.
- BurgerFi Franchise Program Franchise opportunities for experienced multi-unit restaurant operators to open single or multi-unit BurgerFi locations, with an initial franchise fee of $45,000 per location and an estimated total initial investment of $629,900 to $1,011,750 per store.
Quantifiable outcome
- Named the top better burger chain in USA Today's 10Best Readers' Choice for 2021, 2022, and 2023
- +4 more outcomes
Companies that use BurgerFi
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles3 records
BurgerFi technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
BurgerFi partnerships and signals
Strategic signalScale indicators8 records
Recent moves7 records
Expansion highlights5 records
BurgerFi competitors and assessment
Company assessmentMarket position
Competitive moat3 records
Key highlights5 records
Customer concentration
BurgerFi social profiles
Digital presenceBurgerFi financial estimates
Financial estimateRevenue estimate
Valuation estimate
BurgerFi leadership team
Management profileNumber of profiles
Profiles4 records
BurgerFi subsidiaries and ownership
Company hierarchySubsidiaries2 records
BurgerFi funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BurgerFi M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about BurgerFi
What does BurgerFi do?
BurgerFi operates a premium fast-casual restaurant chain selling chef-crafted burgers made with all-natural, hormone- and antibiotic-free Angus beef, Wagyu and vegetarian VegiFi patty options, antibiotic-free chicken, fresh-cut fries, beer-battered onion rings, and frozen custard shakes, served through company-owned and franchised dine-in, takeout, catering, mobile app, website ordering, and third-party delivery channels in the US, Puerto Rico, and select international markets.
Is BurgerFi a public or private company?
BurgerFi is a private company. It is classified as corporate owned and is currently operating.
When was BurgerFi founded?
BurgerFi was founded in 2011. It employs 1,001 to 5,000 people.
Where is BurgerFi based?
BurgerFi is headquartered in Palm Beach, United States, in the North America region.
How does BurgerFi make money?
Four revenue lines are on record. Restaurant Sales (Dine-in, Takeout, Delivery) is the primary driver. The others are franchise Fees and Royalty Income, catering Services and gift Card Sales.
Does BurgerFi have an API?
No public API is recorded for BurgerFi.
What industry is BurgerFi in?
BurgerFi's product category is Premium Fast-Casual Burger Restaurants. Its primary akta.pro industry code is THAFABAA, Burger Fast Casual. Its NAICS code is 722513 and its SIC code is 2090.