Smashburger is a fast casual burger restaurant chain with more than 300 corporate and franchise outlets operating in 32 states and 5 countries. The company was founded in Denver, Colorado in 2007 by Tom Ryan, Rick Schaden and the private equity firm, Consumer Capital Partners. Smashburger offers Certified Angus Beef burgers, chicken sandwiches, salads, sides, and shakes.
Smashburger’s menu focuses primarily on burgers, chicken sandwiches, and salads, with a variety of toppings and options. In mid-2013, they streamlined their menu and eliminated items like hot dogs and crispy (fried) chicken. The restaurant serves localized burgers in each market based on regional flavors. The company also offers a variety of sides, including sweet potato fries, fried onions, fried mild green chilies, and fried pickles, as wello as a vegetarian black bean burger and Veggie Frites. Desserts include shakes, malts, and floats made with Häagen-Dazs ice cream.
In October 2015, the Philippine-based quick-service operator Jollibee Foods Corporation announced that it has acquired a 40-percent stake in Smashburger in a deal that values the burger chain at $335 million.