Jack in the Box Continues Expansion in Michigan with 5-Unit Development Deal in Detroit

Rhea-AI Summary

Jack in the Box (NASDAQ: JACK) has announced a new five-unit development agreement in Detroit, Michigan, expanding its Midwest presence. This follows previous plans to open five locations in West Michigan and over 20 restaurants in Chicagoland. The Detroit expansion will be led by franchise operators Maan Almansour and Andi Kareem. The company currently operates approximately 2,200 locations nationwide and has seen success in recent market openings in Salt Lake City and Louisville. The new Detroit locations will offer dine-in, drive-thru, and mobile ordering options.

Positive

• Expansion into new market with 5 new units in Detroit
• Additional 5 locations planned in West Michigan
• 20+ units planned for Chicagoland area
• Demonstrated success in recent market openings (Salt Lake City and Louisville)
• Strategic growth in Midwest region showing market demand

Negative

• None.

Insights

Market Research Analyst

The Detroit expansion marks a strategic move for JACK, targeting a significant urban market with 5 new units. This follows a broader Midwest expansion pattern including 20+ planned locations in Chicagoland and 5 units in West Michigan. The deal's significance lies in its multi-market approach, leveraging experienced local operators to penetrate new territories.

The expansion strategy demonstrates careful market selection and controlled growth, with JACK focusing on regions showing strong QSR demand. Recent successes in Salt Lake City and Louisville validate this approach. With approximately 2,200 locations currently, these new developments represent meaningful growth potential in underserved markets. The flexible prototype strategy and focus on local operator expertise should help mitigate expansion risks.

This Announcement Expands on Previously Announced Plans to Open 5 Restaurants in West Michigan & Over 20 in Chicagoland

Jack in the Box Leverages Local Expertise for Detroit Launch with Experienced Franchise Operators

SAN DIEGO--(BUSINESS WIRE)-- Jack in the Box Inc. (NASDAQ: JACK), a leading publicly traded quick-service restaurant company, today announced a five-unit development agreement in the Detroit, Michigan market. This agreement expands on the brand’s previously announced plans to open five locations in West Michigan with another franchisee.

“We are delighted to welcome Maan Almansour and Andi Kareem to our growing franchise family in Michigan,” said Van Ingram, vice president franchise development. “Their passion for the restaurant industry and deep understanding of the Detroit market make them ideal partners to bring our brand to this vibrant city.”

This 5-store development agreement in Detroit, MI builds on the brand’s Michigan momentum with plans already in the works to build five locations in West Michigan over the next five years with the first one slated to open in Battle Creek. This is part of the Midwest expansion for Jack in the Box with two recently opened CloudKitchens in downtown Chicago, IL and additional Chicagoland expansion with eight company-operated units planned and twelve commitments with a new franchisee.

“With approximately 2,200 locations nationwide and the recent success from our new market openings in Salt Lake City and Louisville, we’ve recognized how much pent-up demand Jack in the Box has across the country,” Added Ingram. “We’re an iconic franchise brand with whitespace availability, flexible prototypes, and commitment to growing in the Midwest.”

Jack in the Box is known for its iconic menu that features customer favorites like burgers, tacos, chicken sandwiches, milkshakes, all-day breakfast, and late-night snacking options. The new locations in Detroit will offer dine-in, drive-thru, and mobile ordering options. If you’re interested in growing with Jack in the Box in the Midwest and across the country, please visit www.jackintheboxfranchising.com.

About Jack in the Box

Jack in the Box Inc. (NASDAQ: JACK), founded and headquartered in San Diego, California, is a restaurant company that operates and franchises Jack in the Box®, one of the nation's largest hamburger chains with approximately 2,200 restaurants across 22 states, and Del Taco®, the second largest Mexican-American QSR chain by units in the U.S. with approximately 600 restaurants across 16 states. For more information on both brands, including franchising opportunities, visit www.jackintheboxfranchising.com and www.deltacofranchise.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241120055324/en/

Dustin Thompson

Director of Franchise Development

dustin.thompson@jackinthebox.com

Source: Jack in the Box Inc.

FAQ

How many new Jack in the Box restaurants are planned for Detroit?

Jack in the Box (JACK) has signed a five-unit development agreement for the Detroit, Michigan market.

What is Jack in the Box's total expansion plan for Michigan?

Jack in the Box (JACK) plans to open 10 total units in Michigan - 5 in Detroit and 5 in West Michigan, with the first location planned for Battle Creek.

How many Jack in the Box locations currently exist nationwide?

Jack in the Box (JACK) currently operates approximately 2,200 restaurants across 22 states.

What services will the new Jack in the Box Detroit locations offer?

The new Jack in the Box (JACK) locations in Detroit will offer dine-in, drive-thru, and mobile ordering options.