KEY POINTS:
Burger chain BurgerFuel, in the throes of a $15 million IPO and NZAX listing, said today total "system" sales had jumped 41 percent in the June quarter over a year ago.
Sales rose to $5,074,935 against $3,593,238 for the same period last year.
BurgerFuel's prospectus reported total sales in the March year rose 54 percent to $16.4m.
The company said that the weekly average for the first quarter to June 30, was $390,379 as against its $276,403 per week average for the same period last year.
The company has marketed its IPO in an innovative way, offering shares to burger customers, and chief executive Chris Mason said that had helped boost burger sales.
BurgerFuel said its share registry, Computershare, had received close to a thousand applications for share parcels and the offer still has 11 days to run.
The company planned to open its 21st store next week in Queen Street, Auckland and it said each store added over $1m to total sales.
- NZPA
