Quarterly report pursuant to Section 13 or 15(d)

Organization

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Organization
 9 Months Ended
Oct. 02, 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 October 2, 2023, the Company had 169 franchised and corporate-owned restaurants of the two following brands:

BurgerFi. BurgerFi is a fast-casual “better burger” concept with 110 franchised and corporate-owned restaurants as of October 2, 2023, offering burgers, hot dogs, crispy chicken, hand-cut fries, frozen custard and shakes, beer, wine and more.

Anthony’s. Anthony’s is a pizza and wing brand that operated 59 corporate-owned casual restaurant locations, as of October 2, 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 nine months ended October 2, 2023 and the year ended January 2, 2023 is as follows:

October 2, 2023 January 2, 2023
Corporate-owned Franchised Total Corporate-owned Franchised Total
Total BurgerFi and Anthony's 85  84  169  85  89  174 
BurgerFi stores, beginning of the period 25  89  114  25  93  118 
BurgerFi stores opened —  5  5  3  8  11 
BurgerFi stores acquired / (transferred) 2  (2) —  (3) 3  — 
BurgerFi stores closed (1) (8) (9) —  (15) (15)
BurgerFi total stores, end of the period 26  84  110  25  89  114 
Anthony's stores, beginning of period 60  —  60  61  —  61 
Anthony's stores opened —  —  —  —  —  — 
Anthony's stores closed (1) —  (1) (1) —  (1)
Anthony's total stores, end of the period 59  —  59  60  —  60 
Store totals included two international stores at October 2, 2023 and one international store at January 2, 2023.