Smashburger signs expansion deals
December 2, 2008
DENVER — Smashburger has signed a new franchisee and a joint venture deal, the company announced.
Areios LLC, a partnership between operators Ron Chaulk and Jim Cagle, plans to target Kansas City, Mo., as well as Colorado communities including Rifle, Durango, Montrose, Glenwood Springs and Steamboat and the South Dakota cities of Brookings, Mitchell, Watertown, Aberdeen and Sioux Falls.
The company also has secured its first joint venture partner, Smashburger WTO Acquisition LLC. The group plans to open stores in Wichita, Kan., Tulsa, Okla., and Oklahoma City.