Freaky Fast, Freaky Sold! Arby’s Parent Buys Jimmy John’s
Maybe Arby's is just trying to show they have all the meats. Arby's parent company, Inspire Brands, is buying Jimmy John's.
Inspire Brands already owns Buffalo Wild Wings and Sonic along with Arby's. Adding Jimmy John's and it's over two billion dollars in sales last year would make Inspire the fourth largest restaurant company, according to CNBC.
"Inspire Brands, backed by private equity firm Roark Capital Group, announced Wednesday it will acquire Jimmy John’s for an undisclosed amount. The chain has more than 2,800 locations, which will comprise a quarter of Inspire’s total count." - CNBC
Subway is still the largest restaurant chain, based on the number of stores, but has been dealing with it's own struggles. Jimmy John's is facing more competition from the likes of Firehouse Subs and other. Grub Hub and Uber Eats are also changing the way people eat, though Jimmy John's has been delivering sandwiches for many years now.