Tasty Burger is planning to grow its grass-fed empire. But where? And when?
The Boston-based chain, which has five Boston-area locations and one to soon open in Washington, D.C., is looking to raise $15 million in equity, according to a Security and Exchange Commission company filing Thursday, and so far has collected around $2.6 million.
Phil Audino of The Franklin Restaurant Group said the company is reorganizing and raising funds for “future expansion,” but added that there is “nothing huge on the map.”
Audino is listed in the filing along with Tasty Burger CEO David Dubois; Mark Suleiman of Suleiman Holdings; and Edward Leigh, who is listed as a director in the filing.
A June announcement from Suleiman Holdings said that Suleiman joined Tasty Burger’s board of directors “as the neighborhood burger shop begins its national expansion.”
In February, the company opened a location in Dudley Square in Boston. The Washington location is scheduled to open at the end of July.