Wayback Burgers Selects The Oxford Center for Entrepreneurs to Lead Initial Public Offering
Staff Report From Metro Atlanta CEO
Tuesday, September 29th, 2015
Wayback Burgers, the rapidly growing fast-casual brand famous for its, fresh, never-frozen burgers and hand-dipped milkshakes, today announced it has selected The Oxford Center for Entrepreneurs; the largest education and commerce platform for second-stage, fast growth business enterprises, as its exclusive advisor to manage and lead the Company’s projected 2016 initial public offering or other strategic world-wide growth alternative.
Wayback Burgers emerged early as a uniquely insightful brand since 1991 and clear leader in non-traditional store development, including existing locations in Major League stadiums, Walmart’s and Naval bases. Due to strong and growing demand for the brand domestically and around the world; early in 2015, Wayback Burgers retained The Oxford Center for Entrepreneurs to complete a strategic alternatives growth study. With more than 125 locations to be open by the end of 2015 and 350 stores already in development worldwide, The Oxford Center for Entrepreneurs recommended an initial public offering as the best strategic alternative for Wayback Burgers to accelerate its franchisee pipeline of growth.
“We are pleased to announce our relationship with The Oxford Center for Entrepreneurs.” said John Carter, founder and CEO of Wayback Burgers. “With strong and steady debt-free growth, locations in 22 states, new locations opening at a rate of two per month, in addition to an international development schedule in 32 countries, now is the right time for Wayback Burgers to explore all growth opportunities. The Oxford Center for Entrepreneurs, knowledge, passion and creativity in the entrepreneurial experience have already been an invaluable asset to Wayback Burgers.”
Wayback Burgers is about serving delicious, fresh, hand-made burgers and hand-dipped milkshakes amidst an atmosphere that hearkens back to a simpler place and time – a time when “customer service” meant something, and everyone felt the warmth of the community. Wayback Burgers offers burgers made from 100 percent fresh, never frozen ground beef, cooked to order, available as a single, classic double, triple and triple triple (nine) patty, and rich, thick milkshakes made the old-fashioned way by hand, using only fresh milk and hand-dipped ice cream. Going “way” beyond the burger, Wayback Burgers also offers crispy and grilled chicken sandwiches, veggie burgers, turkey burgers, fresh salads and delicious sides including fries, onion rings, home-style chili and house-made chips, as well as its famous Burger and Milkshake of the Month.
“In the Oxford Center group of over 300 fast-growth successful entrepreneurs, Wayback Burgers has emerged as the leader in terms of strategy, scale and franchisee success,” added Cliff Oxford, Chief Executive Officer of the Oxford Center for Entrepreneurs. “We look forward to serving as Wayback Burgers’ exclusive advisor.”