BILLIONAIRE owner of In-N-Out, Lynsi Snyder, has just made a startling confession over the future of her popular fast food chain.
Snyder has admitted that she’s leaving a major US state to go to the South, which will have huge ramifications for the chain.
Billionaire owner of In-N-Out, Lynsi Snyder, has just made a startling confession over the future of her popular fast food chain[/caption]
Speaking to the “Relatable” podcast on Friday, Lynsi Snyder shared her plans for her family and the future of In-N-Out.
She revealed that she is leaving the state of California and is moving to Tennessee with her four kids.
It comes as the chain consolidates its business efforts in the California area.
This precedes the company’s move into its new headquarters next year, located in Franklin, Nashville, Tennessee.
In-N-Out is currently working to phase out its headquarters in Irvine by 2030.
Snyder highlighted many reasons for the move, namely COVID-era business restrictions like mask mandates and vaccine requirements.
In 2021, health officials temporarily shut down several In-N-Out locations in California.
This was because the chain refused to require proof of COVID-19 vaccinations.
She said: “There’s a lot of great things about California, but raising a family is not easy here. Doing business is not easy here.
“Now the bulk of our stores are still going to be here in California, but it will be wonderful having an office out there, growing out there, and being able to have the family and other people’s families out there.
“No. 1 priority is really keeping the company the same company that my grandparents started
“We don’t want to be in every state, and we don’t want to ever compromise our values and standards and the cornerstones that my grandparents laid down, so it’s really just keeping those priorities at the forefront when we make decisions.”
WHAT THE FUTURE HOLDS
In-N-Out plans to expand its footprint in Tennessee as it moves its base of operations there.
However, it has no plans to move into other East Coast locations, like Florida.
Fast Food meal deals
Here are some of the current value meals offered by popular fast food joints.
Taco Bell’s $7 Luxe Cravings Box:
- Chalupa Supreme
- Beefy Five-Layer Burrito
- Double Stacked Taco
- Chips and nacho cheese sauce
- Medium drink
McDonald’s $5 Meal Deal:
- McDouble or McChicken sandwich
- Four-piece Chicken McNuggets
- Small fries
- Small soft drink
Wendy’s $5 Biggie Bag:
- Junior Bacon Cheeseburger or Crispy Chicken Sandwich
- Four-piece chicken nuggets
- Junior fries
- Small soft drink
Burger King’s $5 Your Way Meal:
- Whopper Junior, Chicken Junior, or Bacon Cheeseburger
- Fries
- Four-piece chicken nuggets
- Soft drink
In-N-Out currently has more than 400 locations across eight states in the US.
These include: California, Nevada, Arizona, Utah, Texas, Oregon, Colorado, and Idaho.
While Snyder pointed to future growth for the company, she also underlined the importance of making that expansion sustainable.
She also said that she wants to maintain the quality of its products and its service.
Snyder didn’t expand upon her current business challenges facing In-N-Out.
The owner similarly did not go into the challenges she’d faced raising her four children in California.
Snyder revealed that she is leaving the state of California and is moving to Tennessee with her four kids[/caption]
