Wayback Burgers hopes to go public next year.
The Cheshire-based burger chain, which will have 125 stores and another 350 in development by year’s end, said it has selected The Oxford Center for Entrepreneurs as its exclusive advisor to lead its initial public offering next year.
The Oxford Center, based in Atlanta, Ga., began helping Wayback evaluate its strategic options earlier this year, ultimately recommending an IPO.
“With strong and steady debt-free growth, locations in 22 states, new locations opening at a rate of two per month, in addition to an international development schedule in 32 countries, now is the right time for Wayback Burgers to explore all growth opportunities,” Wayback CEO John Carter said in a statement.