In-N-Out Burgers Inc. is a privately-held chain of drive-thru burger restaurants which operate primarily in California. In-N-Out Burgers Inc. is famous for refusing to use microwaves or freezers, and the chain encourages its clients to customize their orders. In-N-Out Burgers Inc. was founded in 1948 by Harry and Esther Snyder, and their only grandchild,Lynsi Martinez (Torres),is the sole heiress of In-N-Out Burgers Inc. She will, according to the terms of the trust created in her behalf, be granted ownership of the private company over a period of 12 years (ending around 2021), whichwould put her among the youngest female billionaires in the U.S.In-N-Out Burgers Inc.headquarters are located in Irvine, California.
Overview & Corporate Organization
|Company Tags:||Woman Owned|
|Fiscal Year End:||12/31|
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In N Out Burger
PrivCo Industries (Sector > Industry > Sub-Industry)
|Hospitality & Leisure > Restaurants > Fast-Food Restaurants|
|Hospitality & Leisure > Restaurants > Other Restaurants|
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Competitors & Comparables
Charts, Financials, and Statistics (Table Format)
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|*||In-N-Out Burgers Inc. fiscal year end: 12/31|
Charts, Financials, and Statistics (Graphs)
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Detailed Business Description: In-N-Out Burgers Inc.
In-N-Out Burgers, Inc. was founded in 1948 by Harry and Esther Snyder. In 1976, after his father Harry's death, Rich Synder took over In-N-Out Burgers, Inc., and under his control the company rapidly grew from eighteen drive-thru locations to over ninety restaurants within twenty years. With the help from his brother Guy, Rich was able to establish a commissary at the Baldwin Park Headquarters. This allowed In-N-Out Burgers, Inc. to have total quality control over its ingredients. Guy Synder led the In-N-Out Burgers, Inc. for six years after Rich Synder died in a tragic plane crash in 1993. Under Guy's leadership, In-N-Out Burgers, Inc. increased from 93 locations to over 140 locations. In 2000, In-N-Out Burgers, Inc. established locations in Arizona, and in 2004, opened up restaurants in various parts of Nevada.
As of 2012, In-N-Out Burgers, Inc.'s private stock is owned by Lynsi Martinez, the sole 3rd generation heir and the sole grandchild heir of In-N-Out Burgers,… Continue Reading →