FOOD NEWS
The Fast-Food Restaurant That Once Owned Qdoba
By Nico Danilovich
Qdoba is still garnering a strong reputation while opening hundreds of stores, spreading internationally, and winning USA Today's 10Best Readers' Choice Award for Best Fast Casual Restaurant four years in a row. With so many accomplishments and accolades, it’s interesting to look back at who’s behind Qdoba’s success.
At one point, Jack in the Box, the well-known fast food chain which opened in 1951, owned Qdoba. It made a good deal of sense to pair these brands together, which is exactly what Jack in the Box did in 2003 when it acquired Qdoba.
This relationship appears to have benefited Qdoba, as by the time Jack in the Box sold Qdoba in 2018, the chain’s revenue had gone up from $65 to $820 million. Regardless, Jack in the Box gave away Qdoba and its then-700 locations to Apollo Global Management in 2018 for $305 million.