BurgerFuel starts full strategic review of business

Tue, 11 Dec 2018

By Rebecca Howard Dec. 11 (BusinessDesk) - BurgerFuel Worldwide continues to face challenges after the loss of its international partner and has called on KPMG Corporate Finance to undertake a full strategic review of the business. "The reality of global expansion and development has become an expensive and risky proposition" since the loss of partner Franchise Brands, it said. That firm, which is backed by the founders of the Subway franchise chain, bought 10 percent of BurgerFuel for $5.9 million in 2014, with the option to increase tha...

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