In early August, private equity firm Atlantic Street Capital reported that it has acquired The Sandwich Shop Holdings Company, a franchisee of Jimmy John’s Gourmet Sandwich restaurants in the greater Chicago area and one of the largest Jimmy John’s franchisees in the United States. The 14-year old franchisee owns and operates 23 franchised Jimmy John’s Gourmet Sandwich Shop restaurants in the greater Chicago area. Faisal Ghani, the Founder of The Sandwich Shop Holdings, will serve as CEO of the company. “Atlantic Street Capital has the financial and operational resources to help us grow the company beyond the Midwest,” said Ghani.  “Importantly, they understand and share our passion for the Jimmy John’s philosophy whose fresh ingredients and customer value serve as the cornerstone for our success.  We look forward to having them as partners in our growth.” Jimmy John’s is a 32-year old fast casual submarine sandwich chain with nearly 2000 restaurants located across the United States. “We are very excited to be investing to help grow the Jimmy John’s brand,” said Andy Wilkins, a Managing Partner at Atlantic Street Capital.  “The simplicity, timelessness, and reasonable price points of Jimmy John’s sub sandwiches results in a concept that works in any market and across socio-economic demographics.  Faisal and his team have built a strong and profitable company and we look forward to partnering with him and his executive team to broaden the company’s geographic base well beyond the greater Chicago area.”  Stamford, Connecticut-based Atlantic Street Capital is a private equity firm that targets middle market entrepreneurial businesses with between $25 and $150 million in revenue and are poised for the next level of growth.

CATEGORY: Quick Service

Chain Name: Jimmy John’s Gourmet Sandwiches

Company Name: The Sandwich Shop Holdings Company (Franchisee)

Street Address:     Chicago, Illinois

Tel:                                                             Fax:

Email:                                                Website:   

Menu Specialty: Fresh, made-to-order sandwiches, in-house bakery

Introduced:  Franchise company introduced in 2001 in Chicago, Illinois by Faisal Ghani

No. of Locations:  23 locations in the Chicago area

Areas of Operation: 

Types of Location:  Freestanding, Pad sites, Out parcels, End caps, Streets, Plazas, Etc.

BusinessType (corp., franchise, jv): Franchises 

Size Req’d:  600 to 1800 sq.ft.

Special Requirements (patio, drive-thru, etc): Minimum 20 ft. frontage, Visibility, Patio preferred, near retail areas, Hospitals, Colleges, etc.

Contact Name:  Faisal Ghani - CEO

REAL ESTATE REPRESENTATIVES:

FRANCHISE REPRESENTATIVES:

PARENT COMPANY: Atlantic Street Capital Management LLC, 300 Main St., Suite 801, Stamford, Connecticut 06901 (tel: 203/428-3150 fax: 203/388-8044 www.atlanticstreetcapital.com)

Related Chains: 

Last Report: Restaurant & QSR Expansion Report #140   Last Update:

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