Franchising
Ike's invests in Bangin' Buns
September 9, 2021
Ike's Love & Sandwiches, which has 80 units in the western part of the U.S, has invested in Los Angeles-based Bangin' Buns to help expand the young concept across Southern California, according to a company press release.
The team at Ike's Love & Sandwiches, led by CEO Michael Goldberg, Founder Ike Shehadeh, CMO Renae Scott and VP of Development Adam Rinella, will take over development, operations and marketing. They'll also systemize operations, expand digital marketing, leverage buying power and share resources to grow the brand.
"We think this strategic partnership is a great way to leverage the strength of the Ike's brand and build our restaurant portfolio," Goldberg said in the release. "Both Ike's and Bangin Buns have unique flavorful products unlike anything available in the market today.
"Our Ike's team has successfully opened over 20 new Ike's restaurants with record-setting average unit volumes over the last two years. We have the proven blueprint to grow both businesses, reach new customers and build a nationally recognized brand."
Bangin' Buns launched in 2018 when a group of friends in the San Fernando Valley, Nick Nshanyan, Gary Shahbazyan, Sam Manvelyan, and Arman Grigoryan, started cooking Nashville Hot Chicken in each other's homes. It now has three locations in Southern California: North Hollywood, South Central including the soon-to-be-opened, Artesia.
