Jack In The Box Franchise For Sale - SF Bay Area - BizBen.
Jack in the Box said NFA members “were invited to participate in creating the FAC” which consists of six peer-elected franchisees, and one company appointed franchisee.
Jack in the Box Inc. has already dropped its famous two-for-99-cents taco deal in some markets. Now, franchisees are hoping it dumps Chief Executive Officer Lenny Comma as well.
After Jack in the Box filed a complaint in 2013 alleging trademark infringement, unfair competition and other claims, saying the Mehtas had failed to pay their royalties and rent, the franchisees.
Jack in the Box is an American fast-food restaurant chain founded February 21, 1951, by Robert O. Peterson in San Diego, California, where it is headquartered.The chain has 2,200 locations, primarily serving the West Coast of the United States.Restaurants are also found in selected large urban areas outside the West Coast, including Phoenix, Denver, Albuquerque, El Paso, Dallas-Fort Worth.
Currently the Jack in the Box system of over 2000 restaurants are 93% franchise owned and operated, 85% of which is represented by members of the Jack in the Box National Franchisee Association.
SAN DIEGO — Jack in the Box franchisees, growing increasingly troubled about the financial health of the San Diego-based fast-food chain, demanded last week that they participate in corporate.
Jack in the Box Inc. (Nasdaq: JACK) has 2,200 locations with flat same-store sales in recent years, and last December began talks with potential suitors to sell off the San Diego-based chain after management had come under pressure from franchisees for a turnaround strategy.