Daniel Snyder’s private equity firm sold Johnny Rockets earlier this month after owning the diner chain for six years, as Tom Heath reported this week. More from Heath:
An affiliate of Sun Capital Partners purchased the 300-unit chain this month from Snyder’s Red Zone Capital Management, based in McLean, according to a spokesman for Sun Capital….Red Zone bought Johnny Rockets in 2007 from Centre Partners Management and Apax Partners, two private-equity firms. According to Nation’s Restaurant News, the Johnny Rockets chain operates in 30 states and 16 countries.
Almost immediately after this news came out, Redskins fans wondered what this would mean for their fandom: specifically, whether the chain would continue to be represented inside FedEx Field. The answer: absolutely.
“Yes, Johnny Rockets will be at the stadium for many more years,” said John Fuller, the company’s President and CEO.
Johnny Rockets, he said, continues to have a contract with Centerplate, which handles FedEx Field concessions. And Snyder and his business partners “are still huge fans of the brand, so that is not going to change at all despite them selling the company for business reasons,” Fuller added.