TL;DR
Jack in the Box Inc. signed a franchise agreement with Cedar Tree Restaurant Group to develop new restaurants and existing stores in four southeast markets. The agreement marks the first addition of Jack in the Box to the Cedar Tree portfolio.
Jack in the Box Inc. (NASDAQ: JACK) announced today a signed agreement with Jeff Yablun and Frank Conley of Cedar Tree Restaurant Group for new restaurants and exisiting stores in four southeast markets: Nashville, TN, Baton Rouge, LA, Greenville, SC, and Charlotte, NC.
“I became familiar with Jack in the Box during my time living in California, so I understand the strong following fans already have for the brand and the unique space that Jack occupies in the industry,” said Yablun. “ We’re thrilled for Jack in the Box to be the first addition to the Cedar Tree portfolio and how we’ll be able to work with the brand’s leaders to take Jack to new heights."
“We want to partner with brands that have a proven track record of sound operations and a solid existing base. With the legacy and presence that its already built, Jack in the Box clearly fit the profile,” said Conley.
“Jeff and Frank are the type of new franchisees that we want to join and grow Jack in the Box with us,” said Darin Harris, chief executive officer.
In this story
This story was originally published in Franchising.com on December 22, 2022. Burnaze summarizes and links to the original reporting.
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