Smashburger inks 45-unit franchise development deal

DENVER — Smashburger has announced it has secured its third franchisee and "Founders Club" member, SB Alamo Development LLC. The latest franchise agreement will bring the total number of Smashburger franchise locations to 105, as well as a 10-store joint venture, announced since Oct. 2008.

SB Alamo Development is Smashburger's third "Founders Club" member — a designation reserved for only the first five large franchisees to join the Smashburger team. "Founders Club" members will provide valuable input on the future direction of Smashburger and will act as field counsel on critical decisions as Smashburger grows.

SB Alamo hopes to have its first location in operation in San Antonio, Texas, no later than April 2009, and all 45 of its stores opened over the next eight years. The new location in San Antonio will complement Smashburger's current corporate footprint of 10 stores in Denver, Wichita, Kan., and Houston, as well as 70 locations under development in Texas, Kansas, New Jersey, Colorado, Oklahoma and South Dakota.