Wonder Acquires Manhattan’s Salt Hank’s Sandwich Shop

Salt Hank’s, the popular Manhattan sandwich shop known for its single French dip, has been acquired by a delivery giant valued at $9 billion.

Wonder announced the acquisition on August 20 and completed the transaction on August 14, though they didn’t disclose the purchase price. This deal means Wonder has taken control of the storefront, brand, and menu. Customers can expect to see the sandwich available for pickup and delivery at Wonder’s Upper East Side location this fall, with plans for more locations to follow.

Founded by e-commerce billionaire Marc Lore, Wonder operates under his leadership. The company raised over $650 million at a $9 billion pre-money valuation, as reported by Fortune in July. Lore mentioned that Wonder could be ready to go public by early next year. Currently, the company owns Grubhub and Blue Apron and has about 153 locations on the East Coast, with 25 situated in New York City.

Salt Hank’s was opened by Henry Laporte and Ian Henderson-Charnow on Bleecker Street in June 2025, starting with a menu that featured just one item. The sandwich gained immense popularity, leading to increased demand, including the installation of a live camera outside the shop. Fortunately, Wonder confirmed that the Bleecker Street location will continue operations.

Chef Daniel Rubenfeld, who was with Salt Hank’s, is now part of Wonder and will oversee the food. Laporte will assist in expanding the brand, while Henderson-Charnow will serve as an adviser.

Laporte shared that he had previously declined offers from potential buyers who wanted him to make compromises he wasn’t prepared to accept. He stated, “We’ve been approached plenty of times about growing the brand, but those conversations often came with pressure to lower food costs, change suppliers or cut corners. Wonder was the only partner that never asked us to do that.”

There are concerns from industry experts about whether the sandwich can maintain its charm as it scales. Mergers and acquisitions attorney Morgan S. Smith highlighted that the shop’s appeal partly lies in Laporte, the single location, and the customer experience of visiting the shop. “But growth needs to be paced around whether the product can be reproduced, not simply around how many locations Wonder can open,” Smith added.

This year, Wonder has also purchased two other restaurants: Blue Ribbon Fried Chicken and the barbecue chain Mighty Quinn’s in July. Investor documents revealed that Wonder may spend nearly $2.7 billion in cash through 2029.