Smash Burger doesn't even come close to where I live there is 1 store in NC and it is in Charlotte about 80 miles away from where I live. I can not see driving 80 miles for a hamburger and I would have to pass about a hundred Wendy's before I got there!
"...I can not see driving 80 miles for a hamburger and I would have to pass about a hundred Wendy's before I got there!"
LOL! That's called saturation! Poor Wendy.
Meanwhile, SmashBurger has 80 miles of road ahead of it. Literally and metaphorically speaking. It's what Wall St. loves. Anticipate investor flight. All the big QSR's will suffer more competition as these low-price gourmet QSR's get financial backing to fuel mega-growth.
When Smashburger goes public, there will be massive investor flight from Wendy's to Smashburger. Much greater growth potential for similar quality offering. The sun is setting on WEN stock. The window is closing. It is now or never. Unfortunately, they were too slow to make changes. Choosing rather to buy back stock instead of accelrating the image activation program a few years back. The stock should have been sitting at $20 right now. They blew it. There is 5 seconds left on the clock and their quarterback (pretzel burger) just came off the field. Do you get the picture? SmashBurger is the rising dynasty.