Quarterly report pursuant to Section 13 or 15(d)

Organization

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Organization
 3 Months Ended
Apr. 03, 2023
Accounting Policies [Abstract]  
Organization Organization
BurgerFi International, Inc. and its wholly owned subsidiaries (“BurgerFi,” or the “Company,” also “we,” “us,” and “our”), is a multi-brand restaurant company that develops, markets and acquires fast-casual and premium-casual dining restaurant concepts around the world, including corporate-owned stores and franchises located in the United States, Puerto Rico and Saudi Arabia.

As of April 3, 2023, the Company had 172 franchised and corporate-owned restaurants of the two following brands:

BurgerFi. BurgerFi is a fast-casual “better burger” concept with 112 franchised and corporate-owned restaurants as of April 3, 2023, offering burgers, hot dogs, crispy chicken, frozen custard, hand-cut fries, shakes, beer, wine and more.

Anthony’s. Anthony’s is a pizza and wing brand that operated 60 corporate-owned casual restaurant locations, as of April 3, 2023. The concept is centered around a coal fired oven, and its menu offers “well-done” pizza, coal fired chicken wings, homemade meatballs, and a variety of handcrafted sandwiches and salads.

Corporate-owned stores and Franchised stores

Store activity for the quarter ended April 3, 2023 and the year ended January 2, 2023 is as follows:

April 3, 2023 January 2, 2023
Corporate-owned Franchised Total Corporate-owned Franchised Total
Total BurgerFi and Anthony's 87  85  172  85  89  174 
BurgerFi stores, beginning of the period 25  89  114  25  93  118 
BurgerFi stores opened —  2  2  3  8  11 
BurgerFi stores acquired / (transferred) 2  (2) —  (3) 3  — 
BurgerFi stores closed —  (4) (4) —  (15) (15)
BurgerFi total stores, end of the period 27  85  112  25  89  114 
Anthony's stores, beginning of period 60  —  60  61  —  61 
Anthony's stores closed —  —  —  (1) —  (1)
Anthony's total stores, end of the period 60  —  60  60  —  60 
End of quarter and end of year store totals included one international store at April 3, 2023 and January 2, 2023.