Bubbakoo’s Burritos Continues Annual Growth with Entrepreneurial Award Rankings
WALL, NJ. – Inc. magazine recently revealed that Bubbakoo’s Burritos is ranked No. 83 on its third annual Inc. 5000 Regionals: Northeast list, the most prestigious ranking of the fastest-growing Northeast private companies based in Connecticut, Massachusetts, Maine, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Northeast economy’s most dynamic segment–its independent small businesses.
The innovative brand was also featured at No. 110 on Entrepreneur’s 2023 Fastest-Growing Franchise list. This is the first year Bubbakoo’s Burritos has been awarded this reputable distinction. The annual list identifies established brands that have exemplified the greatest amount of unit growth in North America over the last year. The brand opened an impressive 37 locations in 2022 and signed 22 franchise agreements, a testament to the strategic expansion efforts of the concept. Bubbakoo’s Burritos has already demonstrated notable initiative in its strategy for 2023, and has opened four locations in the first few months of the year, one of which was its 100th location in Orange, CT.
“Bubbakoo’s is honored to be recognized by these notable lists following such an exciting year of development for our brand,” said Paul Altero, co-founder of Bubbakoo’s Burritos. “At Bubbakoo’s we strive to continuously expand our reach and make a positive impact on the franchising industry. Achieving a noted status on these distinguished lists is a great example of our efforts to continue to build upon our reputation as an innovative and rising force in the industry.”
The companies on this list show a remarkable rate of growth across all industries in the Northeast region. Between 2019 and 2021, these private companies had an average growth rate of 450 percent and, in 2021 alone, they added 12,066 jobs and nearly $4.4 billion to the Northeast region’s economy. Companies based in the New York and Boston areas had the highest growth rates overall.
Complete results of the Inc. 5000 Regionals: Northeast, including company profiles and an interactive database that can be sorted by industry, metro area, and other criteria, can be found at inc.com/northeast starting February 28, 2023.
“This year’s Inc. 5000 Regional winners represent one of the most exceptional and exciting lists of America’s off-the-charts growth companies. They’re disrupters and job creators, and all delivered an outsize impact on the economy. Remember their names and follow their lead. These are the companies you’ll be hearing about for years to come,” said Scott Omelianuk, editor-in-chief of Inc. magazine.
About Bubbakoo’s Burritos
Bubbakoo’s Burritos was founded by Paul Altero and Bill Hart in 2008. Their first store opened in Point Pleasant, NJ and they now have locations across 16 different states and have served thousands of their legendary burritos to very loyal customers. As opportunities arise, they continue to open new restaurants in neighborhoods where they can build bridges with local residents. With its 15th anniversary in 2023 and surpassing 100 locations, Bubbakoo’s Burritos has proudly become a community where people work, eat, and gather as a family. For more information go to bubbakoos.com.
To learn more about Bubbakoo’s Burritos franchise opportunities, e-mail franchise@bubbakoos.com or call (732) 691-0848.
More about Inc. and the Inc. 5000 Regionals
Methodology
The 2023 Inc. 5000 Regionals are ranked according to percentage revenue growth when comparing 2019 and 2021. To qualify, companies must have been founded and generating revenue by March 31, 2019. They had to be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2021. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2019 is $100,000; the minimum for 2021 is $1 million. As always, Inc. reserves the right to decline applicants for subjective reasons.
About Inc. Media
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers and the credibility that helps them drive sales and recruit talent.
The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.