TORONTO — BurritoBar, USA Inc. has signed a Master Franchise Agreement for New Jersey with Sarang Franchising LLC for the opening of 93 franchised restaurants.
This agreement builds on the momentum of awarding Sarang Franchising LLC the Master Franchise rights for Ohio, announced in May.
“BURRITOBAR is witnessing explosive growth in the U.S. market and our accelerated franchise program has been delivering remarkable results with the signing of Master Franchise agreements in Michigan, Florida, Virginia, Maryland, Tennessee, Iowa, Nebraska, North Texas, South Illinois, Ohio and now Jersey,” says Jeff Young, Chief Development Officer. “Our compelling and lucrative revenue sharing Master Franchise model is a vital platform to the brand’s overall international development strategy. The growth potential for the brand in the U.S. market is enormous and [this] announcement marks a historic milestone for the brand as we now have commitments for 750 restaurants under contract throughout the nation.”
“Organic expansion with existing franchise partners has been a key pillar for growth. The fact that Tushar and Yogesh Patel of Sarang Franchising LLC have expanded into an additional Master Franchise territory is a very strong validation of the brand and the business model,” says Alex Shtein, founder and CEO.
