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Who owns White Castle now?

Who owns White Castle now?

“What started as a few little hamburger stands has turned into a successful family-owned fast-food hamburger chain and retail brand that has withstood the test of time,” said Lisa Ingram, president and CEO of White Castle and the great-granddaughter of Billy Ingram.

How much is White Castle worth?

Without it White Castle–its valuation stalled at an estimated $850 million–will remain little more than a historic curiosity.

Are Crystal and White Castle owned by the same company?

In 2012 as the company celebrated its 80th birthday, the Krystal chain was sold and is now owned by Argonne Capital Group (some locations are franchises). …

Are White Castles franchises?

White Castle does not actually franchise, it has subsidiaries that are privately owned. White Castle expands very carefully and deliberately, using earmarked earnings to fund construction and not stretching too far geographically away from the company’s resources.

Why are there no White Castles in California?

In the 1980s there were two micro chains, West Castle and Blue Castle, that were not any good and were shut down by legal action by White Castle. As of now, there are no White Castles in California.

Is White Castle better than krystals?

So if you want a sweet burger, go with White Castle, but for tangy and savory burgers, it’s Krystal. However, some folks might prefer White Castle because of its juicy sweet taste, and it is also a few cents cheaper. But Krystal scores points for the tanginess and their buns, which makes you feel fuller.

What state has the most White Castles?

The state with the most number of White Castle locations in the US is Illinois, with 63 locations, which is 17% of all White Castle locations in America.

Are White Castles bad for you?

However, White Castle’s breaded and battered version isn’t a winner in the healthy category. Gulbin points out that it contains 990 milligrams of sodium and 33 grams of fat.

Who is the owner of White Castle restaurants?

Unlike most hamburger chains, White Castle’s restaurants, with the exception of a small number located outside the United States, are not franchised; all U.S. units are owned and operated by White Castle System, of which the E.W. Ingram family has been sole proprietor since 1933.

Who was the original founder of White Castle?

White Castle. Because The Crave Is A Powerful Thing®. The Original Craver, and White Castle Founder, E.W. “Billy” Ingram is born on December 27, 1880. Following the success of multiple locations, the growing “Crave heard round the world” earns White Castle the title of first fast food hamburger chain.

Who are the subsidiaries of White Castle system?

White Castle System also owns and operates three bakeries, two meat processing plants, and two frozen sandwich plants. Its subsidiary, PSB Company, manufactures White Castle restaurant equipment. Another subsidiary, White Castle Distributing, Inc., markets and distributes frozen White Castle hamburgers to supermarkets nationwide.

How long has Bill Ingham been CEO of White Castle?

For 43 years, Bill Ingham has been CEO of one of America’s most iconic burger chains, one of just three bosses to take charge of the company since it began in Kansas 1921. During the past nine decades, the fast-food chain has also continued to be managed by the very same family that founded it.

Is White Castle publicly traded?

Unlike McDonald’s and Yum China, which are publicly traded and franchised, White Castle is a closely held family business and owns all but one of its 385 restaurants across 12 US states.

What states have a White Castle?

There are over 420 White Castle outlets, all in the United States and predominantly in the Midwest, Kentucky, and Tennessee. The exception is a significant smattering of outlets in the New York metropolitan region and two locations in Nevada.

Who is the CEO of White Castle?

Lisa Ingram, the CEO of White Castle System Inc., has been pretty busy after work in recent months.

Who owns White Castle burgers?

Today, the Ingram family still owns White Castle System, Inc. The company has continued to expand its scope, opening additional restaurants and introducing frozen, microwavable hamburgers to grocery stores.