U.S.-based Smashburger recently opened its second Canadian location in Calgary's Royal Oak neighbourhood after the successful opening of its first Canadian restaurant in the northeast part of that city in May. Smashburger has plans to open 15 locations in Calgary and Edmonton and is looking for franchisees to expand the brand in Vancouver and Toronto.
Smashburger is a national chain of hamburger restaurants that etches its own market niche with its unique method of cooking burgers by "smashing" a ball of beef on the grill to "sear in the juices."
Smashburger franchisees need a minimum liquidity requirement of $800,000 or more, depending on the size of development. The franchise fee is $40,000.
from Western Investor October 2012