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After 15 years of ownership,&nbsp;<a href="http://www.jackintheboxinc.com/franchising/opportunities?utm_source=1851franchise.com&utm_medium=article&utm_campaign=nations-restaurant-news-jack-in-the-box-completes-305m-sale-of-qdoba-2706007" target="_blank" rel="nofollow" style="color:rgb(17, 85, 204)" target="_blank">Jack in the Box</a>&nbsp;has sold&nbsp;<a href="https://www.qdoba.com/franchise?utm_source=1851franchise.com&utm_medium=article&utm_campaign=nations-restaurant-news-jack-in-the-box-completes-305m-sale-of-qdoba-2706007" target="_blank" rel="nofollow" style="color:rgb(17, 85, 204)" target="_blank">Qdoba</a>&nbsp;to Apollo Global Management. According to a&nbsp;<a href="http://bit.ly/2ubhHVx?utm_source=1851franchise.com&utm_medium=article&utm_campaign=nations-restaurant-news-jack-in-the-box-completes-305m-sale-of-qdoba-2706007" target="_blank" rel="nofollow" style="color:rgb(17, 85, 204)" target="_blank">recent article in Nation&#39;s Restaurant News</a>, the final transaction was a $305 million deal. With this deal, Apollo Global Management will take control of over 700 locations.

&ldquo;Completing the sale of Qdoba marks an important milestone in the actions we&rsquo;re taking to enhance shareholder value while creating an asset-light business model that is less capital intensive,&rdquo; said Lenny Comma, CEO if Jack in the Box.&nbsp;

Apollo Global Management has expressed a commitment to continuing the momentum of the burrito franchise. The company noted Qdoba&#39;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.

Read the full article&nbsp;<a href="http://bit.ly/2ubhHVx?utm_source=1851franchise.com&utm_medium=article&utm_campaign=nations-restaurant-news-jack-in-the-box-completes-305m-sale-of-qdoba-2706007" target="_blank" rel="nofollow" style="color:rgb(17, 85, 204)" target="_blank">here</a>.&nbsp;

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

1851 Franchise

The brand noted that selling the franchise system will enhance shareholder value. 


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

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