Jack in the Box Announces 12-Unit Franchising Deal in Chicago
Jack in the Box (NASDAQ: JACK) has announced a 12-unit franchising deal in Chicago, expanding its presence in the market. This follows the brand's plans to open eight company-operated locations in Chicago suburbs and two CloudKitchens in downtown Chicago. The company sees Chicago as a gateway to the Midwest and has identified over 100 additional franchise opportunities in the Chicago Metro Area.
Jack in the Box is actively seeking experienced multi-unit operators and business owners to join its franchisee network. The brand, known for its 24/7 menu offering breakfast, lunch, dinner, and late-night options, believes its diverse menu will resonate with the local community. The new locations will provide dine-in, drive-thru, and mobile ordering options.
Jack in the Box (NASDAQ: JACK) ha annunciato un accordo di franchising per 12 unità a Chicago, espandendo la sua presenza nel mercato. Questo arriva dopo i piani del marchio di aprire otto ristoranti gestiti dalla compagnia nei sobborghi di Chicago e due CloudKitchens nel centro di Chicago. L’azienda considera Chicago come una porta d’accesso al Midwest e ha individuato oltre 100 opportunità di franchising aggiuntive nell'area metropolitana di Chicago.
Jack in the Box è attivamente alla ricerca di operatori multi-unità esperti e proprietari di imprese per unirsi alla sua rete di franchisee. Il marchio, noto per il suo menu disponibile 24 ore su 24, 7 giorni su 7, che offre colazione, pranzo, cena e opzioni notturne, crede che il suo menu variegato risuoni con la comunità locale. Le nuove sedi offriranno opzioni di ristorazione, drive-thru e ordinazioni mobili.
Jack in the Box (NASDAQ: JACK) ha anunciado un acuerdo de franquicia para 12 unidades en Chicago, ampliando su presencia en el mercado. Esto sigue a los planes de la marca de abrir ocho locales operados por la compañía en los suburbios de Chicago y dos CloudKitchens en el centro de Chicago. La empresa ve a Chicago como una puerta de entrada al Midwest y ha identificado más de 100 oportunidades de franquicia adicionales en el área metropolitana de Chicago.
Jack in the Box está buscando activamente operadores multiunidad experimentados y propietarios de negocios para unirse a su red de franquiciados. La marca, conocida por su menú disponible las 24 horas, los 7 días de la semana, que ofrece desayuno, almuerzo, cena y opciones nocturnas, cree que su variado menú resonará con la comunidad local. Las nuevas ubicaciones ofrecerán opciones para comer dentro, drive-thru y pedidos móviles.
잭 인 더 박스(Jack in the Box) (NASDAQ: JACK)는 시카고에서 12개 유닛 프랜차이즈 계약을 발표하며 시장 내 입지를 확장하고 있습니다. 이는 브랜드가 시카고 교외에 8개의 회사 운영 매장과 시카고 도심에 2개의 클라우드키친(CloudKitchens)을 열 계획을 따른 것입니다. 회사는 시카고를 미드웨스트에 대한 관문으로 여기며 시카고 대도시 지역에서 100개 이상의 추가 프랜차이즈 기회를 확인했습니다.
잭 인 더 박스는 자사의 프랜차이즈 네트워크에 합류할 경험이 풍부한 다수 운영업자 및 사업주를 적극적으로 찾고 있습니다. 24시간 운영하는 다양한 메뉴로 유명한 이 브랜드는 지역 사회와 잘 어울릴 것이라고 믿고 있습니다. 새로운 매장은 매장에서의 식사, 드라이브스루 및 모바일 주문 옵션을 제공할 것입니다.
Jack in the Box (NASDAQ: JACK) a annoncé un accord de franchise pour 12 unités à Chicago, étendant ainsi sa présence sur le marché. Cela fait suite aux projets de la marque d'ouvrir huit établissements gérés par la société dans les banlieues de Chicago et deux CloudKitchens dans le centre de Chicago. L'entreprise considère Chicago comme une porte d'entrée vers le Midwest et a identifié plus de 100 opportunités franchisées supplémentaires dans la métropole de Chicago.
Jack in the Box recherche activement des opérateurs multi-unités expérimentés et des propriétaires d'entreprises pour rejoindre son réseau de franchisés. La marque, connue pour son menu disponible 24/7 offrant le petit déjeuner, le déjeuner, le dîner et des options nocturnes, pense que son menu diversifié résonnera avec la communauté locale. Les nouveaux établissements proposeront des options de restauration sur place, des drive-thrus et des commandes mobiles.
Jack in the Box (NASDAQ: JACK) hat ein Franchising-Abkommen über 12 Einheiten in Chicago angekündigt und erweitert damit seine Präsenz auf dem Markt. Dies folgt den Plänen der Marke, acht von der Firma betriebene Standorte in den Vororten von Chicago und zwei CloudKitchens im Stadtzentrum von Chicago zu eröffnen. Das Unternehmen sieht Chicago als Tor zum Mittleren Westen und hat über 100 zusätzliche Franchise-Möglichkeiten im Raum Chicago identifiziert.
Jack in the Box sucht aktiv nach erfahrenen Multi-Unit-Betreibern und Geschäftsinhabern, die sich seinem Franchise-Netzwerk anschließen möchten. Die Marke, bekannt für ihr 24/7-Menü, das Frühstück, Mittagessen, Abendessen und Optionen für späte Nächte anbietet, glaubt, dass ihr vielfältiges Angebot bei der lokalen Gemeinschaft Anklang finden wird. Die neuen Standorte werden Essensmöglichkeiten vor Ort, Drive-Thru und mobile Bestelloptionen anbieten.
- Expansion into Chicago market with 12-unit franchising deal
- Plans for 8 company-operated locations and 2 CloudKitchens in Chicago
- Identified over 100 additional franchise opportunities in Chicago Metro Area
- Recent success in new market openings in Salt Lake City and Louisville
- None.
Insights
Jack in the Box's expansion into Chicago with a 12-unit franchising deal, coupled with 8 company-operated locations and 2 CloudKitchens, signals a significant market penetration strategy. This move capitalizes on the brand's recent success in new markets like Salt Lake City and Louisville, indicating strong consumer demand beyond its traditional strongholds.
The expansion strategy is multifaceted:
- Leveraging a mix of franchise and company-operated locations for faster market penetration
- Utilizing CloudKitchens to tap into the growing delivery and takeout segments
- Targeting a major metropolitan area with over 100 additional franchise opportunities
This approach could potentially accelerate Jack in the Box's revenue growth and market share in the competitive quick-service restaurant industry. However, success will depend on local market reception and the brand's ability to differentiate itself in a saturated fast-food landscape.
The emphasis on 24/7 menu offerings and late-night options could be a key differentiator, especially in a vibrant urban market like Chicago. This expansion also opens up opportunities for further growth in the Midwest, potentially leading to a significant increase in the company's national footprint beyond its current 22-state presence.
This expansion move by Jack in the Box is strategically significant but its immediate financial impact may be With a current market cap of
Key financial considerations include:
- Franchise revenue: The 12-unit deal will generate ongoing royalty fees, typically
4-5% of gross sales - Capital expenditure: The 8 company-operated locations will require upfront investment but should contribute directly to revenue
- CloudKitchens: Lower overhead costs but potentially thinner margins
While not transformative in the short term, this expansion lays the groundwork for future growth. The company's ability to attract franchisees in a new market suggests confidence in the brand's appeal and potential profitability. Investors should monitor the performance of these new units as indicators of the brand's scalability and the success of its expansion strategy.
Long-term, if Jack in the Box can successfully fill the 100+ additional franchise opportunities in Chicago, it could significantly boost its revenue and market presence, potentially driving stock appreciation.
First New Franchisee Follows Brand’s Announcement of 8 Company-Operated Locations and 2 CloudKitchens in
“We are excited to bring Jack in the Box back to
Jack in the Box has identified over 100 additional franchise opportunities still available in the
“With approximately 2,200 locations nationwide and the recent success from our new market openings in
Jack in the Box is known for its iconic menu that features customer favorites like burgers, tacos, chicken sandwiches, milkshakes, breakfast, and late-night snacking options. The new locations will offer dine-in, drive-thru, and mobile ordering options.
About Jack in the Box
Jack in the Box Inc. (NASDAQ: JACK), founded and headquartered in
View source version on businesswire.com: https://www.businesswire.com/news/home/20240930385796/en/
Dustin Thompson
Director of Franchise Development
dustin.thompson@jackinthebox.com
Source: Jack in the Box Inc.
FAQ
How many new franchise units is Jack in the Box (JACK) opening in Chicago?
What other expansion plans does Jack in the Box (JACK) have for Chicago?
How many additional franchise opportunities has Jack in the Box (JACK) identified in the Chicago Metro Area?
What ordering options will the new Jack in the Box (JACK) locations in Chicago offer?
