---
title: "Nation's Restaurant News: Jack in the Box completes $305M sale of Qdoba"
url: https://burnaze.com/article/45b9e195-ae75-4f6a-9118-4a613f70a8f3
source: "1851 Franchise"
original_url: https://1851franchise.com/nations-restaurant-news-jack-in-the-box-completes-305m-sale-of-qdoba-2706007
category: "Mexican"
industry: "Restaurants"
segment: "Mexican"
topics: ["Finance & M&A"]
published: 2018-03-22T14:09:26.000Z
modified: 2026-11-01T02:44:03.690Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/d39e6bfcbf0882dc194c1c61d11bef7a9423.jpg
---

# Nation's Restaurant News: Jack in the Box completes $305M sale of Qdoba

**TL;DR:** Jack in the Box completed the $305 million sale of Qdoba to Apollo Global Management, with Apollo taking control of over 700 locations. The sale marks an important milestone in Jack in the Box's efforts to enhance shareholder value and create an asset-light business model.

*originally published in 1851 Franchise on 2018-03-22. [Read the original](https://1851franchise.com/nations-restaurant-news-jack-in-the-box-completes-305m-sale-of-qdoba-2706007).*

## Story

After 15 years of ownership, Jack in the Box has sold Qdoba to Apollo Global Management. According to a recent article in Nation's Restaurant News , the final transaction was a $305 million deal. With this deal, Apollo Global Management will take control of over 700 locations.

“Completing the sale of Qdoba marks an important milestone in the actions we’re taking to enhance shareholder value while creating an asset-light business model that is less capital intensive,” said Lenny Comma, CEO if Jack in the Box.

Apollo Global Management has expressed a commitment to continuing the momentum of the burrito franchise. The company noted Qdoba's status as a leading fast casual brand and says that it is excited to work alongside a system full of outstanding management, talent and franchise partners.

## Entities

- 1851 Franchise (publication)
- Restaurants (sector)
- fast casual (topic)
- Jack in the Box (company)
- Qdoba (company)
- brand acquisition (topic)
- Apollo Global Management (investor)
- sale (topic)
- Apollo Global Management acquisition of Qdoba (deal)
- asset-light model (topic)

---
Originally reported by 1851 Franchise (https://1851franchise.com/nations-restaurant-news-jack-in-the-box-completes-305m-sale-of-qdoba-2706007). Summarized by Burnaze (https://burnaze.com/article/45b9e195-ae75-4f6a-9118-4a613f70a8f3).