Atlantic Street Capital has bought The Sandwich Shop Holdings Company, a 23-unit Jimmy John's franchisee in Chicago, which is one of the brand’s largest groups.
August 4, 2015
Atlantic Street Capital has bought The Sandwich Shop Holdings Company, a 23-unit Jimmy John's franchisee in Chicago, which is one of the brand’s largest groups. Faisal Ghani, the founder of TSSHC will serve as CEO of the company.
"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."
Atlantic Street Capital has the financial and operational resources to help grow the company beyond the Midwest, Ghani said.
"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."