In N Out

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By: David Palazzo

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Transcript of In N Out

Page 1: In N Out

By: David Palazzo

Page 2: In N Out

History

• In 1948, the first In-N-Out Burger was founded by Harry and Esther Snyder in Baldwin Park. Harry's idea of a drive-thru hamburger stand where customers could order through a two-way speaker box was quite unique. In that era, it was common to see carhops serving those who wanted to order food from their car. Harry's idea caught on and California's first drive-thru hamburger stand was born.

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Locations

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Cost of Startup

• Low Cost of Startup: 225K• High Cost of Startup: 470K• Franchise Fee: 35,000• Royalty Fee: 34,000 • Total Investment: 225,200-470,400 Dollars

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Locale

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Products

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Success

•MAJOR SUCCESS

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Competitors

• BK Lounge• Mickey D’s• Better food, better prices


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Another example: constant prop Set D = 2 { x ! N | x ∊ Vars Æ N ∊ Z } x := N in out F x := N (in) = in – { x ! * } [ { x ! N } x := y op z in out F x :=

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