Full Answer
Did Whataburger really get sold?
Whataburger Sold To Chicago Investment Firm, No Longer Family Owned June 15, 2019 Whataburger is no longer family owned. As of Friday, a majority interest has been sold to Chicago-based investment banking company BDT Capital Partners. The burger chain will remain headquartered in Texas, and the group will “begin exploring expansion plans”.
How much did Whataburger sell for?
sold to Chicago private equity firm Pritzker Group in April 2018 in a deal reportedly valued at $1.4 billion. Click to see full answer. Thereof, who did Whataburger get sold to?
Who is Whataburger owned by?
Whataburger is an American regional fast food restaurant chain, headquartered and based in San Antonio, Texas, that specializes in hamburgers.The company, founded by Harmon Dobson and Paul Burton, opened its first restaurant in Corpus Christi, Texas, in 1950.Family-owned by the Dobsons until 2019, the chain is now managed by a private equity firm along with the Dobson family still holding a ...
Is Whataburger finally coming to Tennessee?
Whataburger has plans to open nine corporate-owned locations in Middle Tennessee by the end of 2022. The new locations could include Lebanon, Hermitage, Gallatin, Goodlettsville, Rutherford County ...
Where is Whataburger located?
Who is the president of Whataburger?
Why is BDT interested in Whataburger?
Is a Texas hamburger bigger than a hamburger?
Is Whataburger a state treasure?
See more
About this website
Who bought Whataburger in Texas?
BDT CapitalOn June 14, 2019, the Dobson family sold its majority stake in the company to BDT Capital, a Chicago-based investment company. The companies cited long term expansion plans as one reason for the sale.
Who bought out Whataburger?
BDT Capital Partners, LLCAs of today, there more than 800 locations that sit across the U.S. Whataburger has a very dedicated and loyal following. In 2019, the fast-food restaurant announced merchant bank BDT Capital Partners, LLC based in Chicago was taking over the chain.
How much is Whataburger worth?
I Net worth. How Whataburger got its colors and 7 other things you may ... The family's net worth is up more than $1 billion since last year, in part due to new information obtained by FORBES about the company's revenues, which are estimated to be well over $1 billion.
How much was Whataburger sold?
$1.4 billionsold to Chicago private equity firm Pritzker Group in April 2018 in a deal reportedly valued at $1.4 billion.
How much does a Whataburger franchise owner make?
How Much Does Whataburger Make in Profit? Whataburger hasn't made their profit details known to the public. But an unofficial estimate shows that a franchise owner makes an average profit of $94,000 to $122,600 annually. This falls in line with other burger chain concepts.
Why did the family sell Whataburger?
The company's sale was driven by Whataburger's desire to expand its brand and introduce its restaurants to a new customer base, the company said. BDT will provide the funding needed to grow Whataburger's operations. "This is both exciting and bittersweet for the Dobson family.
HOW MUCH IS IN-N-OUT worth?
In-N-Out is conservatively worth $3 billion, and Snyder now owns virtually all of it after receiving chunks on her 25th, 30th and 35th birthdays (she got the last slice in 2017). Snyder is an unlikely shepherd of her family's business.
Which family owns Whataburger?
The Dobson familyThe Dobson family owns Whataburger, a fast food chain with more than 770 locations primarily in southern American states from Arizona to Florida. The company was founded by Harmon Dobson in 1950; the first sandwichet cost 25 cents.
Does Mark Wahlberg own wahlburgers?
Wahlburgers Franchising LLC, doing business as Wahlburgers (stylized as wahlburgers), is a casual dining burger restaurant and bar chain. It is owned by chef Paul Wahlberg and his brothers, actors Donnie and Mark.
Why is Whataburger such a big deal?
For fast food, it's all very civilized. And reliable food and late-night indulgences aside, perhaps this is the key as to why Whataburger is so beloved—it treats the customers with respect and ensures that everyone feels welcome.
Who is the CEO of Whataburger?
Ed Nelson (Aug 1, 2020–)Whataburger / CEO
Is Whataburger only in Texas?
Today, Whataburger has more than 820 locations, with more than 670 of those in Texas. Whataburger's other locations are in the South and Southwest, including Alabama, Arizona, Arkansas, Florida, Georgia, Louisiana, Mississippi, New Mexico and Oklahoma.
How much did Whataburger get sold for? - AskingLot.com
Click to see full answer. Just so, who did Whataburger get sold to? Texas's favorite family-owned burger chain Whataburger has new owners — since announcing last month that it was looking to “explore our options,” it has sold a majority stake to BDT Capital Partners, a private equity firm, while the chain's founding family, the Dobsons, retains a minority share.
10 Things You Didn't Know About Whataburger - The Daily Meal
If you’re from Texas, you’ve most likely eaten at Whataburger.This beloved San Antonio-based chain has been going strong since its founding in the 1950s, and the classic 5-inch Whataburger — topped with mustard, lettuce, tomatoes, pickles, and diced onions — is a fast-food institution.But even if you have a prized collection of the chain’s vintage Nickel Mugs, we bet there’s still ...
Whataburger Corporate Office & Headquarters
I stopped in at the Whatabugar in lockhart texas and i guess it was a lunch rush the girl that took my order never stopped taking about her problems to the person in front of me so i waited a person came from the back carrying a tray of food looked at me and said be right with you.she took the food to a table came back to me and took my order she was so nice she made sure i got just what i ...
Where is Whataburger located?
Whataburger isn’t just a Texas thing — the distinctive A-frame restaurants dot the highways in Arizona, Alabama, Florida and a handful of other states, with sales of more than $2 billion annually.
Who is the president of Whataburger?
Ed Nelson, who will become the new president of Whataburger on July 1, said in a statement that sales are up in Texas since news of the sale broke. “I want all our Texas customers to know we are still very much a Texas brand — the Lone Star State has always been home for us, and it would be crazy to change what our customers love most,” Mr. Nelson said.
Why is BDT interested in Whataburger?
The chief executive of BDT Capital Partners, Byron Trott, said in a statement that his firm was interested in Whataburger precisely because of the Texas-size loyalty of its fans. “We want to ensure Whataburger is around for decades to come to serve its customers and communities,” he said.
Is a Texas hamburger bigger than a hamburger?
Thus a Te xas hamburger is bigger than all other kinds of burgers, in all kinds of ways.
Is Whataburger a state treasure?
The Whataburger chain, now headquartered in San Antonio, was officially recognized by the Texas Legislature as a state treasure in 2001, an honor duly noted on a sticker on most Whataburger front doors. Texans have been married in Whataburgers.
Why did Whataburger buy Concord Plaza?
According to Whataburger officials, the company chose Concord Plaza due to proximity to neighborhoods and schools attractive to employees and proximity to San Antonio International Airport. Tesoro, which leased space in the development, was moving to another facility at the time Whataburger bought the building.
When did Whataburger start?
In June 1950 , Dobson was granted the Whataburger trademark. In August of that year they opened their first location on Ayers Street in Corpus Christi, Texas, across from Del Mar College. The store sold burgers for 25 cents, and also sold drinks and chips.
What is Whataburger?
Whataburger is an American privately held, regional fast food restaurant chain, headquartered and based in San Antonio, Texas, that specializes in hamburgers. The company, founded by Harmon Dobson and Paul Burton, opened its first restaurant in Corpus Christi, Texas, in 1950.
How many Dobson stores were there in the 1960s?
In 1962, the company added French fries and hot pies to its menu. In 1963, it expanded to Arizona and totaled 26 stores.
Where is Whataburger located?
Whataburger is an American privately held, regional fast food restaurant chain, headquartered and based in San Antonio, Texas, that specializes in hamburgers. The company, founded by Harmon Dobson and Paul Burton, opened its first restaurant in Corpus Christi, Texas, in 1950. Family-owned by the Dobsons until 2019, ...
When did Burton and Dobson end their partnership?
In 1951 , Burton and Dobson ended their partnership after arguments concerning Dobson's price raise of the burger from 25 to 30 cents. Burton settled with owning the Whataburger franchises in San Antonio, Texas. Months later, prices for burgers were raised to 35 cents.
When did Whataburger by the Bay open?
The company celebrated its 500th store opening in 1995, and was noted as the country's eighth-largest hamburger chain. On May 6, 1999, the company opened "Whataburger by the Bay" on Shoreline Drive in Corpus Christi.
Who owns Whataburger?
The company was founded by Harmon Dobson in 1950 and later inherited by his children—Tom, Hugh and Lynne. Tom Dobson has served as board chairman, while his siblings sat on the Whataburger board, according to Forbes.
Where is Whataburger headquarters?
The Dobson family, who founded the company, will remain minority stakeholders and Whataburger headquarters will stay in San Antonio. "BDT and the Whataburger team will begin exploring expansion plans – while staying true to the brand it has been over the past 69 years," Whataburger said in a statement on Friday.
Who owns Las Aguilas?
Las Aguilas was established by the Dobson family in 2011. Atkinson and Dobson will remain on the company's board of directors "to provide ongoing guidance and ensure a smooth transition," according to the release. The Texas-based chain, established in 1950, now serves customers at more than 800 locations in 10 states. Whataburger.
Is Whataburger a BDT?
Whataburger has been the heart and soul of our family legacy for nearly 70 years, but we feel really good about the partnership with BDT," said Tom Dobson. "They have a track record of success with businesses as special as ours that want to grow, while preserving culture and family history.
How much does a Whataburger dinner cost?
Its most popular dishes are the Whataburger, Double Meat Whataburger and Whataburger Patty Melt. Its average dinner price is $14 a person .
How many locations does Whataburger have?
Whataburger is introducing a new storefront model at several locations. Though Whataburger may not have the cult following that In-N-Out Burger has, but in its 10 states and its 830 restaurants, it has garnered a very loyal audience.
What is Whataburger known for?
He said Whataburger was recognized for its hospitality and its customization, serving individual toppings and cheese, with each burger. With its new ownership, franchising is a natural step toward growth.
Where is Whataburger located?
Whataburger is based in San Antonio and has Longhorn roots. Harmon Dobson opened up a burger stand in Corpus Christi, Texas, in 1950, and made his burgers so enormous that he exclaimed, “Whataburger.”. Hence, its name.
What are the priorities of Whataburger?
As the recently named CEO, Nelson said his top two priorities are: 1) staying true to Whataburger’s legacy and commitment to fresh food and original recipes, 2) Steadily grow the brand where it sees the most opportunities for business.
Who owns Krispy Kreme?
BDT Capital Partners, which is based in Chicago, is best known in the restaurant industry for taking ownership of Krispy Kreme and Panera Bread.
Is Whataburger a franchise?
That changed in June 2019 when BDT Capital Partners, a merchant bank that invests in family and founder-led companies, made a majority investment in Whataburger . After a 20-year hiatus, Whataburger is stepping up franchising, redesigning its outlets, despite the hurdles injected by pandemic restrictions.
Who owns Whataburger?
Whataburger, the beloved burger chain with a 69-year family legacy in Texas, has sold a controlling interest in the company to Chicago-based investment banking firm BDT Capital.
Where is Whataburger in Frisco?
High school football teams in Frisco even fight for domain over their local Whataburger, #1020 on El Dorado Parkway and North Dallas Parkway.
Where is Whataburger located?
Whataburger isn’t just a Texas thing — the distinctive A-frame restaurants dot the highways in Arizona, Alabama, Florida and a handful of other states, with sales of more than $2 billion annually.
Who is the president of Whataburger?
Ed Nelson, who will become the new president of Whataburger on July 1, said in a statement that sales are up in Texas since news of the sale broke. “I want all our Texas customers to know we are still very much a Texas brand — the Lone Star State has always been home for us, and it would be crazy to change what our customers love most,” Mr. Nelson said.
Why is BDT interested in Whataburger?
The chief executive of BDT Capital Partners, Byron Trott, said in a statement that his firm was interested in Whataburger precisely because of the Texas-size loyalty of its fans. “We want to ensure Whataburger is around for decades to come to serve its customers and communities,” he said.
Is a Texas hamburger bigger than a hamburger?
Thus a Te xas hamburger is bigger than all other kinds of burgers, in all kinds of ways.
Is Whataburger a state treasure?
The Whataburger chain, now headquartered in San Antonio, was officially recognized by the Texas Legislature as a state treasure in 2001, an honor duly noted on a sticker on most Whataburger front doors. Texans have been married in Whataburgers.
Overview
History
In 1950, Harmon Dobson and Paul Burton were looking to open a hamburger restaurant. Dobson's goal was to "make a better burger that took two hands to hold and tasted so good that when you took a bite you would say 'What a burger!'" In June 1950, Dobson was granted the Whataburger trademark. In August of that year they opened their first location on Ayers Street in Corpus C…
Retail products
Due to the success of selling Whataburger sauces at H-E-B since 2014, the company announced it will offer 1-pound packages of bacon at H-E-B and Central Market stores.
Whataburger sells its line of condiments in 14oz and 20oz squeeze bottles. It also sells jars of its picante sauce and salsa verde, as well as boxed pancake mix.
Corporate affairs
In 2009 the company moved from its long time base in Corpus Christi to a new headquarters at 300 Concord Plaza Drive, a 140,000-square-foot (13,000 m ) building in San Antonio.
Previously the corporate headquarters were in Corpus Christi. With the regional offices' in Corpus Christi, Houston, Irving, and Phoenix.
After Hurricane Ike hit the Texas Coast in 2008, the company began considering moving its head…
What-A-Burger and similar stores
Whataburger is sometimes confused with the What-A-Burger (hyphenated) chain of family-operated restaurants in Virginia, North Carolina, and South Carolina. The first What-A-Burger store opened in 1950 by entrepreneur Jack Branch near Newport News, Virginia, at Newport News Circle (intersection of Jefferson Avenue and U.S. Route 258) in the former Warwick County. Branch's first location preceded the first Texas Whataburger restaurant slightly; the move took place after a m…
Sponsorships
Whataburger has sponsored a variety of music festivals. The company has also sponsored sports through the Whataburger Sports Complex in Kilgore, Texas, the Arizona Soccer Association, and David Starr Racing, among others.
Gallery
• Whataburger French fries
• Whataburger Field sign in Corpus Christi, Texas
• Whataburger restaurant at night
See also
• Whataburger Field, home of the Corpus Christi Hooks
• List of hamburger restaurants