Irvine-based Habit Restaurants Inc. (Nasdaq: HABT) signed deals to add 32 locations in new territories for the fast casual burger chain—New England and Cambodia.
Wilmington, Mass.-based Heidi Burgers LLC will develop seven stores in Massachusetts and New Hampshire; 25 in Cambodia will come from Phnom Penh-based Amory F&B Co. Ltd..
Habit is the 8th-largest OC-based restaurant chain with $402 million in 2018 systemwide sales from 263 locations in 12 U.S. states and overseas. It traded recently at a $253 million market cap.
