BurgerFi Snapped Two Franchise Restaurants in South Florida for Terms Undisclosed
Portfolio Pulse from Benzinga Newsdesk
BurgerFi International, Inc. (NASDAQ:BFI) has acquired two franchise restaurants in South Florida, signaling its commitment to corporate expansion. The acquisition is part of CEO Carl Bachmann's 5-point business plan and increases the company's corporate locations in Florida to 27.
October 17, 2023 | 12:18 pm
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BurgerFi's acquisition of two South Florida franchises is a strategic move towards corporate expansion and portfolio diversification. This could potentially boost the company's revenues and market presence.
The acquisition of the two franchises is a strategic move that aligns with BurgerFi's corporate expansion efforts. This could potentially increase the company's revenues and strengthen its market presence in Florida, which could positively impact its stock price.
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