With J&D Restaurant Group’s acquisition, quick-service chain nearer to 80-percent franchised goal
In a move that pushes Jack in the Box Inc. closer to its goal of becoming up to 80-percent franchised, J&D Restaurant Group Inc. acquired 37 of the chain’s corporate locations in Texas. The deal, which was funded in part by $13.2 million from GE Capital Franchise Finance, closed in June. The units were among a total of 112 corporate locations Jack in the Box refranchised during the third quarter, which ended with the chain about 67-percent franchised. The company also revised its ...
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Contact: Desiree Torres Desiree.Torres@penton.com