In-N-Out Burger
In-N-Out Burgers, Inc. is a regional chain of fast food restaurants. The privately held company has 300 locations.[1] These are mostly in the Southwestern United States. In-N-Out encourages customers to customize their orders.[2] They refuse to use Microwave ovens or freezers.[2] Also, In-N-Out pays its employees above the minimum wage.[3] Employees start at a wage of $10.50 an hour.[3]
 | |
| Private | |
| Founded | Baldwin Park, California, (October 22, 1948) |
| Headquarters | |
Number of locations | 300 |
Area served | California Arizona Nevada Utah Texas |
Key people | Lynsi Torres (President) Mark Taylor (COO) Roger Kotch (CFO) |
| Revenue | Estimated US$800 million (2012) |
| Website | in-n-out |
History
The company was founded by Harry and Esther Snyder in 1948.[2] Their only heir is their granddaughter, Lynsi Martinez Torres. She will gain full ownership over a period of 12 years ending in 2021.[2] In 2012 In-N-Out was worth about $800 million USD.[4]
Related pages
References
- ↑ Drag-racing heiress keeps In-N-Out on course. In-N-Out corporate website. 2013-12-14.
- ↑ 2.0 2.1 2.2 2.3 "In-N-Out Burgers Inc". PrivCo. Retrieved 12 March 2015.
- ↑ 3.0 3.1 Eric Justian (19 February 2014). "If In-N-Out Can Pay (a Lot) More Than Minimum Wage, Why Can't McDonald's?". TriplePundit. Retrieved 12 March 2015.
- ↑ Caleb Melby (6 March 2013). "Why In-N-Out Heiress Lynsi Torres Isn't A Billionaire Yet". Forbes.com. Retrieved 12 March 2015.