In-N-Out Burger

In-N-Out Burgers, Inc.
Company typePrivate
IndustryFast food
FoundedBaldwin Park, California, (October 22, 1948)
Headquarters
Irvine, California
Number of locations
300
Area served
California
Arizona
Nevada
Utah
Texas
Idaho
Key people
Lynsi Torres (President)
Mark Taylor (COO)
Roger Kotch (CFO)
RevenueEstimated US$800 million (2012)
Websitein-n-out.com

In-N-Out Burger 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]

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

Wikimedia Commons has media related to In-N-Out Burger.
  1. ↑ "Drag-racing heiress keeps In-N-Out on course". In-N-Out corporate website. 2013-12-14.
  2. ↑ 2.0 2.1 2.2 2.3 "In-N-Out Burgers Inc". PrivCo. Retrieved 12 March 2015.
  3. ↑ 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. Archived from the original on 13 April 2015. Retrieved 12 March 2015.
  4. ↑ Caleb Melby (6 March 2013). "Why In-N-Out Heiress Lynsi Torres Isn't A Billionaire Yet". Forbes.com. Retrieved 12 March 2015.

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