Why BFI? - A Compelling Turnaround Opportunity slide image

Why BFI? - A Compelling Turnaround Opportunity

GUEST 12MMT SEP 2023| BURGERFI GENDER CUSTOM BASE TOTAL DINE | MONTHLY+ AGE 13-18 yrs 17%| +7.0 19-24 yrs DINER HOUSEHOLD STATS 2.9 DINER ATTITUDES - TOP 2 BOX(TOP 10) Dining Out is Way to Connect With Family/Friends OBURGERFI 81%| +9.2 +0.1 Comfortable Order Through Mobile Pay Technologies 64%| +14.6 36% -14.6 14% -4.0 33%| +1.4 53% +2.6 72% +15.0 Male Female Average HH Size 1 Person HHs 2 Person HHS 3+ Person HHs Consider Dining Out a Form of Entertainment 14% +4.5 25-34 yrs 24%| +5.8 ETHNICITY 65-75 yrs 4% -9.3 50-64 yrs 12% -12.1 35-49 yrs 29%| +4.1 White African American Hispanic Asian Other 41% 14% 39% 4% 2% -18.8 +1.0 +20.6 -1.9 -0.8 OCCUPATION White Collar Blue Collar Student Homemaker Retired Other 39% +2.5 10% -2.2 21% +9.3 1% -5.3 6% -8.4 MARITAL STATUS PARENTS Like to Eat at Restaurants with Ethnic/Intl Menu Options Tend to Stick With Familiar Menu Items Like to Try New Restaurants 47% -1.2 53% +1.2 29% | 4.1 Single/Divorced/ Married/Living With Separated/Widowed Parents Of Child <18 in HH Consider Myself a 'Foodie' Partner HOUSEHOLD INCOME $69K +3.4K 67% -4.9 67%|+12.0 66% +6.0 61% -10.9 60% +14.6 Consider Myself Health Conscious Even if Dine at Restaurant 59% +15.8 17%| +0.5 36% +2.4 Like to Eat at Fast Food Restaurants 59% +3.7 <$25k HH Income >$100k HH Income Like to Try New and Different Menu Items Average HH Income 55% -4.5 SOCIO ECONOMIC Single Low Income AVERAGE CHANNEL FREQUENCY Strugglers Middle Class Affluent Core Fast Retail QSR Casual Casual Dining Midscale Fine Dining 32.2 26.7 22.2 11.5 8.9 1.1 es $ $$ $$$ $$$$ +22.1 +24.0 +14.9 +9.8 +7.9 +1.0 Per Month Per Month Per Month Per Month Per Per Month Month 4% -1.8 15% -3.0 16% -3.0 STAT TESTING VS. PREVIOUS YEAR PREVIOUS PERIOD CUSTOM BASE 25% -8.2 56%| +13.0 Classified - Confidential Sample Size: 71 Significantly Higher • Significantly Lower
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