Savvy Sliders Expands Fast-Food Offerings in Farmington Hills

News Summary

Farmington Hills welcomes the expansion of the fast-food scene as Savvy Sliders acquires 85 BurgerFi locations. This strategic acquisition aims to enhance the quality and pricing of beef offerings at these beloved chains. BurgerFi will continue to operate under its own name, ensuring local burger enthusiasts can continue to enjoy their favorite meals while benefiting from Savvy Sliders’ successful growth. This partnership marks a fresh start for BurgerFi after its recent challenges, setting the stage for a promising future in the fast-food industry.

Farmington Hills Fast-Food Scene Just Got Bigger!

Exciting news is buzzing around Farmington Hills as Savvy Sliders, the charming chain famous for its delicious sliders and hand-breaded chicken sandwiches, is making waves with a significant acquisition! The company has just announced its purchase of 85 BurgerFi locations across 15 states, marking a bold step in expanding its fast-food portfolio to over 200 locations.

A Sweet Partnership with BurgerFi

Savvy Sliders shared the news in a cheerful Facebook post, informing fans that BurgerFi will continue to operate under its own name post-acquisition. This partnership means that burger lovers will still enjoy the delicious offerings from BurgerFi, a brand celebrated for its all-natural burgers, fresh fries, and premium quality fast food. The only BurgerFi location in Michigan, by the way, resides in Northville Township, making it a go-to for local burger enthusiasts.

What’s Cooking at BurgerFi?

Often recognized as a premium quick-service restaurant (QSR), BurgerFi has made quite a name for itself thanks to its commitment to serving the very best. From juicy wagyu beef burgers to antibiotic-free chicken and all-natural hot dogs, every dish is crafted with care. Plus, their famous “Never Ever Program” ensures customers are enjoying hormone-free 100% American Angus beef, making each bite a delightful experience. And let’s not forget about those mouth-watering hand-cut fries and creamy custard shakes that have fans coming back for more!

Why This Acquisition Matters

By bringing BurgerFi into the fold, Savvy Sliders aims to enhance its beef purchasing power significantly, which could lead to competitive pricing on USDA prime beef. This is a strategic move that can only mean good things for customers who love quality beef options at their favorite fast-food spots. It’s all about providing the best possible experience while keeping prices fair – and who doesn’t love that?

Looking Back to Move Forward

Now, it’s worth noting that BurgerFi’s journey hasn’t been without its challenges. The brand filed for Chapter 11 bankruptcy protection back in September, after its previous ownership, BurgerFi International Inc., faced declining sales and the closure of several underperforming locations. However, under new management from TREW Capital Management, which acquired BurgerFi for $10 million, this acquisition signals a fresh start and potential revitalization for the beloved burger chain.

Expanding the Savvy Family

Following this acquisition, BurgerFi will happily coexist alongside Savvy Sliders and other franchises owned by Savvy’s founder, who has turned a small concept into a thriving enterprise. Since hitting the scene in 2018, Savvy Sliders has rapidly expanded to 52 locations in states like Michigan, Florida, Indiana, and Texas, among others. It’s a testament to the brand’s popularity, and they’re clearly on a roll!

Franchising Opportunities on the Horizon

For those looking to join in the fast-food frenzy, investing in a Savvy Sliders franchise requires an initial investment ranging from $411,000 to $965,000, with a relatively modest $35,000 franchise fee. Savvy is actively seeking potential franchisees who have liquid assets between $200,000 and $250,000 along with a net worth of around $500,000. Moreover, franchisees will contribute a 6% weekly royalty fee based on gross sales. With the average annual gross sales of Savvy Sliders locations sitting around $1.7 million in 2023, it sounds like an inviting opportunity for aspiring entrepreneurs!

What’s Next for Savvy Sliders?

So what’s next for Savvy Sliders and BurgerFi? Only time will tell, but with a solid commitment to quality ingredients and customer experience, the future looks bright for both brands. Fans can look forward to a delicious blend of their favorite sliders and burgers, all while enjoying the incredible service these chains are known for.

Stay tuned, Farmington Hills! Change is in the air, and it smells like burgers and sliders!