BurgerFi

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.

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

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

• Premium fast-casual dining
• Better burger restaurant
• Natural angus beef burgers
• Restaurant franchise operations
• Mobile loyalty rewards

Headquarters

HQ city

Palm Beach

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. 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.
2. 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.
3. 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.
4. 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

Go-to-market motion3 records

Distribution channels5 records

Marketing channels8 records

Core 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

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators8 records

Recent moves7 records

Expansion highlights5 records

Market position

Competitive moat3 records

Key highlights5 records

Customer concentration

• Xx.com/burgerfi
• YouTubeyoutube.com/BURGERFI
• Facebookfacebook.com/burgerfi
• Instagraminstagram.com/burgerfi
• TikToktiktok.com/@burgerfiofficial
• LinkedInlinkedin.com/company/burgerfi

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries2 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BurgerFi