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Burrito Shak Continues to Grow and a Look Ahead for 2023

a palm tree in front of a building

Burrito Shak Continues to Grow and a Look Ahead for 2023 

Burrito Shak has been bringing people together to enjoy high-quality, flavorful food and beach vibes for eight years and we are prepared to bring our “Fresh Mex” cuisine to more communities around the United States. As we close out 2022, we are happy to report that Burrito Shak’s sales totaled $8.87M, depicting an outstanding 34.7% growth from our 2021 sales of $6.58M. As we look back on our accomplishments from 2022, we equate our continued success to the ongoing support of our customers and franchisees. We are excited to enter 2023 with accelerated growth and would like to extend our gratitude to everyone who has joined the Shak family as we deliver quick, crafted food and coastal vibes in our communities. 

A Recap of 2022 

As we reflect on our achievements from 2022, we want to recognize the seven Burrito Shak restaurants that were in operation across North Carolina and Arizona. We increased traffic and ticket in stores for an average unit volume of $1.267M. The Cary, NC store boasted the highest growth year-over-year of 36.77%. Our eighth location in Raleigh, NC was underway with a multi-unit agreement signed in 2021. After a year of tremendous progress, we finished 2022 with a total of 11 signed agreement units. 

What to Look Forward to in 2023 

We believe in always getting back up on the next wave, which is why we are not slowing down our development as we enter 2023. We are thrilled to announce our strategic growth plan to Charlotte, NC and Columbia, Charleston, and Myrtle Beach, SC. This represents the expansion of Burrito Shak into its third state outside of its founding in North Carolina and expansion to Arizona. We strive to give our customers the best experience possible which is why we are continuing to evolve with technological improvements in our stores. This includes adding DoorDash as a national partnership to better serve our loyal customer base and increase revenue for our franchisees. As well, we added Clover as a new point of sales system at each location for a seamless experience. We are surging ahead with two new units currently in buildout and are looking to add five more units in development by the end of 2023. 

a woman standing in front of a cake

At Burrito Shak, we have a plan that is unwavering. That is to quickly serve you fresh, delicious food made with quality ingredients every time you order in-person or online. We are positioned to make incredible advancements in the upcoming year and are ready to support prospective franchise owners. We continue to operate based on our core values because no challenge is ever too large for this gnarly community! 

With the new year underway, now is the perfect time to join the Burrito Shak family. We are looking for new franchise partners to join our team and bring the “Get Shak’d” vibes to your local community! Visit www.myburritoshak.com today to learn more information.