TORONTO ON, June 23, 2023 – BURRITObar, USA inc., announces that it has entered into a Master Franchise Agreement for Florida to develop 90 stores over 20 years.
BURRITObar, the sister brand of barBURRITO, Canada’s largest and fastest growing Tex-Mex food franchise, has entered into a new master franchise agreement with AHARA BB, LLC. The agreement aims to expand the BURRITObar brand in the state of Florida.
“[AHARA BB, LLC] possesses a strong track record of success in the franchise industry. They are well-suited to develop and support our brand.” states Founder and Chief Executive Officer, Alex Shtein. “Their expertise in multi-unit franchising, business acumen, and extensive knowledge of the restaurant industry will be pivotal in driving growth and ensuring the continued success of the BURRITObar brand.”
Under this agreement, AHARA BB, LLC will establish a flagship location that will serve as a corporate showcase for the brand and function as a training facility. Additionally, the agreement grants AHARA BB, LLC exclusive rights to manage and develop all BURRITObar locations within the designated territory.
“This agreement is a significant milestone in BURRITObar’s growth strategy internationally as we continue to focus on expanding our footprint in the United States of America with our Master Franchise Model” said Jeff Young, Chief Development Officer. “The USA is a key market with significant long-term growth opportunity. We anticipate that the USA will continue to fuel our expansion and enhance our brand’s reach.”
In 2023, barBURRITO is on track to open 90 new units in Canada, following the opening of 75 locations last year. Together, barBURRITO and BURRITObar represent two of North America’s largest and fastest growing Mexican food franchises. BURRITObar is poised for explosive growth in the limited fast-casual Mexican food segment throughout the United States.
About BURRITOBar, USA Inc.
Established in 2005 in Toronto Canada, barBURRITO Fresh Mexican Grill features healthy, fresh, made-to-order Tex-Mex, in a quick serve restaurant format. Since its inception, barBURRITO has grown to become the market leader and with over 260 stores in Canada, the country’s largest and fastest growing Mexican food franchise. In 2020, the company expanded to the United States under the brand BURRITObar and has since entered into single unit Franchise Agreements, Area Development Franchise Agreements, and Master Franchise Agreements to open hundreds of locations throughout the nation.
For further information regarding BURRITOBar and its expansion plans, please contact Jeff Young at jeff@barburrito.ca.