1851

<a href="https://www.ntgfran.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=largest-jack-in-the-box-franchisee-acquires-nick-the-greek-fast-casual-franchise-concept-2720625" target="_blank" rel="nofollow">Nick the Greek</a>, the 48-unit Greek restaurant chain, has officially been acquired by YTG Enterprises LLC, an affiliate of the largest domestic&nbsp;<a href="https://www.jackintheboxfranchising.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=largest-jack-in-the-box-franchisee-acquires-nick-the-greek-fast-casual-franchise-concept-2720625" target="_blank" rel="nofollow">Jack in the Box</a> franchisee, the company&nbsp;<a href="https://www.prnewswire.com/news-releases/anil-yadav-acquires-controlling-interest-of-fast-casual-chain-nick-the-greek-301700589.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=largest-jack-in-the-box-franchisee-acquires-nick-the-greek-fast-casual-franchise-concept-2720625" target="_blank" rel="nofollow">announced Monday</a>."We were looking to invest in another growth-oriented franchisor, and Nick the Greek is the perfect fit," said&nbsp;<a href="https://www.linkedin.com/in/anil-yadav-14707b45?utm_source=1851franchise.com&utm_medium=article&utm_campaign=largest-jack-in-the-box-franchisee-acquires-nick-the-greek-fast-casual-franchise-concept-2720625" target="_blank" rel="nofollow">Anil Yadav</a>, CEO of YTG’s parent company Yadav Enterprises Inc. “The food is delicious, differentiated and loved by our guests. The operations are simple and scalable, and the brand has a genuine authenticity driven by its Greek founders, who will continue to run the company on a day-to-day basis. We have been overwhelmed by inquiries from potential franchisees since news of our partnership has spread!”<img src="https://lh6.googleusercontent.com/AEV6eY09-uWMdAbOE_zKZytv3NNpaZGSlUibK-J_wuoeSb5G4ypa22PZoICvl7LAugV7OTNZc_uhmIyCsA6f1rK7eWxFh7asEZRMjIJ9Q0ZQjmZz8pJmEosEKOo_hpvTw4HwyeStd0x7y5yB814W-hyq3ED3ZggY6KfoFtcC6BWrFXFII6ZYjQUAQXeT">Anil Yadav, photo courtesy of LinkedInThis marks the second acquisition for Yadav, who is the largest Jack in the Box franchisee in the U.S., with about 230 units. Last year, his company acquired the then-85-unit&nbsp;<a href="https://topfranchise.com/products/taco-cabana-restaurant-franchise/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=largest-jack-in-the-box-franchisee-acquires-nick-the-greek-fast-casual-franchise-concept-2720625" target="_blank" rel="nofollow">Taco Cabana</a> chain, with plans to grow that brand as a franchisor. YTG also owns&nbsp;<a href="https://dennysfranchising.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=largest-jack-in-the-box-franchisee-acquires-nick-the-greek-fast-casual-franchise-concept-2720625" target="_blank" rel="nofollow">Denny's</a> and&nbsp;<a href="https://tgifridays.com/franchise/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=largest-jack-in-the-box-franchisee-acquires-nick-the-greek-fast-casual-franchise-concept-2720625" target="_blank" rel="nofollow">TGI Friday's</a> franchise locations, bringing the portfolio to a total of about 600 restaurants.Moving forward, Nick the Greek will still be run by its founders — three cousins all named Nick Tsigaris —&nbsp;who retained a substantial minority stake in the company. “We hit a point when we reached about 50 units and sat down to discuss it, and we decided to work with a strategic partner to help facilitate our growth and expand more rapidly and avoid missteps that can happen along the way,” said co-founder and president “Big” Nick Tsigaris. “This is our first go-round with franchising, and we’ve heard stories about how things can go wrong.”Founded in 2014, Nick the Greek has expanded its footprint to include 39 franchise locations and nine corporate locations, mostly in California. The chain recently opened locations in Nevada and Missouri and has about 70 units currently under development in Arizona, Utah and Texas. The chain earns roughly $1.5 million in systemwide AUV.Read the full release&nbsp;<a href="https://www.prnewswire.com/news-releases/anil-yadav-acquires-controlling-interest-of-fast-casual-chain-nick-the-greek-301700589.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=largest-jack-in-the-box-franchisee-acquires-nick-the-greek-fast-casual-franchise-concept-2720625" target="_blank" rel="nofollow">here</a>.Related articles:<ul><li><a href="https://1851franchise.com/5-fast-casual-franchises-we-love-2718143#stories">5 Fast-Casual Franchises We Love</a></li><li><a href="https://1851franchise.com/multi-unit-moguls-25-of-the-industrys-largest-franchisees-2704740">Multi-Unit Moguls: 25 of the Industry's Largest Franchisees</a></li><li><a href="https://1851franchise.com/modern-restaurant-concepts-to-become-one-of-the-largest-fast-casual-platforms-in-the-us-with-the-addition-of-qdoba-2719316#stories">Modern Restaurant Concepts To Become One of the Largest Fast Casual Platforms in the US With the Addition of QDOBA</a></li><li><a href="https://1851franchise.com/jack-in-the-box-launches-new-off-premise-restaurant-design-2716099#stories">Jack in the Box Launches New Off-Premise Restaurant Design</a></li></ul>

Largest Jack in the Box Franchisee Acquires Nick the Greek Fast Casual Franchise Concept

1851 Franchise

YTG Enterprises LLC, who’s portfolio includes Jack in the Box, Taco Cabana, Denny’s and TGI Friday’s locations, plans to continue growing the 48-unit gyro-and-souvlaki franchise concept.

largest-jack-in-the-box-franchisee-acquires-nick-the-greek-fast-casual-franchise-concept

Fresh Coat

Fresh Coat West Greensboro - Fresh Coat Cares - Red Cross

Fresh Coat Cares Partners With the Red Cross to Refresh Community Conference Space

fresh-coat-cares-partners-with-the-red-cross-to-refresh-community-conference-space

Voodoo Brewing Co.

What’s in the 2025 FDD? A Closer Look for Voodoo Brewing Co. Franchise Buyers

whats-in-the-2025-fdd-a-closer-look-for-voodoo-brewing-co-franchise-buyers

United Water Restoration Group

Master Marketer, Community Builder: How Rodney Washington Turned Local Visibility Into Success

Master Marketer, Community Builder: How Rodney Washington Turned Local Visibility Into Franchise Success

master-marketer-community-builder-how-rodney-washington-turned-local-visibility-into-franchise-success

Preservan

How to Read the Preservan 2025 Franchise Disclosure Document

how-to-read-the-preservan-2025-franchise-disclosure-document

Woodhouse Spas

Why Woodhouse Spas Is in a Class of Its Own: Comparing the Franchise Opportunity Across the Wellness Industry

why-woodhouse-spas-is-in-a-class-of-its-own-comparing-the-franchise-opportunity-across-the-wellness-industry

Buying a Franchise Masterclass

 Franchise Opportunities

Get Support Buying a Franchise

How to Buy a Franchise White Paper

How to Buy a Franchise

How to Sell Franchises

How to Grow a Franchise

Find a Franchise Supplier

1851 Franchise Opportunities

Franchisor News

Franchisor Power Rankings

FranCamp Mastermind Summit

Franchise Development Website Builder

Franchise Resources

What ALEC-Laffer's Report Means for Franchising

Website Awards

Power Rankings

About 1851

Advertise on 1851

Contact 1851 Editorial

Terms of Use

1851 Login

GROWTH CLUB LOGIN

facebook

instagram

twitter

linkedin

youtube

Hardee’s Lawsuit Highlights the Risk of Going Off-Model in Franchising

hardees-franchise-lawsuit-paradigm-investment-group

Hooters Leans Into Franchising With Closure of 30 Company-Owned Stores - Agg - 1851 Franchise

Hooters Leans Into Franchising With Closure of 30 Company-Owned Stores

hooters-franchise-model-company-owned-closures

Dave’s Hot Chicken Sold to Roark Capital in $1 Billion Deal to Fuel Global Expansion

daves-hot-chicken-sold-to-roark-capital-in-1-billion-deal-to-fuel-global-expansion

Homebuyers Keep Buying — And That’s Good News for Home Service Franchises - 1851 Franchise

Homebuyers Keep Buying — And That’s Good News for Home Service Franchises

homebuyers-keep-buying-and-thats-good-news-for-home-service-franchises

AI Could Push Unemployment to 20% — Fueling a Surge in First-Time Franchise Buyers - 1851 Franchise

AI Could Push Unemployment to 20% — Fueling a Surge in First-Time Franchise Buyers

ai-unemployment-impact-white-collar-job-loss

Floyd’s 99 Barbershop Franchise Costs, Fees, Profit and Data for 2025

floyds-99-barbershop-franchise-deep-dive

From Franchisee to Franchisor: How Howard Picker Is Using His Experience to Drive Sustainable Growth at Floyd’s 99

howard-picker-floyds-99-barbershop-franchise-franchisor-hot-seat

KFC Franchise Costs, Fees, Profit and Data for 2025

kfc-franchise-deep-dive

HTeaO Franchise Costs, Fees, Profit and Data for 2025

franchise-deep-dive-hteaos-franchise-costs-fees-profit-and-data

The Ultimate Guide to Selling Franchises: How To Create a Strong Incentive

how-to-build-strong-incentives-to-attract-prospective-franchisees

The Ultimate Guide To Selling Franchises — How To Build Webinars

how-franchisors-can-build-effective-webinars-to-reach-prospective-franchisees

The Ultimate Guide To Selling Franchises: How To Budget Properly

how-franchises-can-budget-their-finances-properly

The Top 20 Handyman Franchises To Invest in for 2025

top-handyman-franchises-to-invest-in

The Ultimate Guide to Selling Franchises: How to Position Your Value Proposition

The Ultimate Guide to Selling Franchises: How to Position Your Value Proposition — Point of Differentiation

how-to-position-your-value-proposition-with-a-point-of-differentiation

Sola Salons Franchisee Grows Salon Freedom Into a Multi-State Powerhouse 

sola-salons-franchisee-grows-salon-freedom-into-a-multi-state-powerhouse

Largest Jack in the Box Franchisee Acquires Nick the Greek Fast Casual Franchise Concept

MORE STORIES LIKE THIS