Corner Bakery Cafe Announces Continued Growth in Key U.S. Markets of Seattle and Las Vegas
Successful Jack-in-the-Box, Denny's Franchisee Signs Development Agreements for 23 Cafes
May 27, 2014 // Franchising.com // DALLAS – Corner Bakery Cafe, the rapidly expanding fast casual chain widely known for its signature neighborhood bakery cafes, today announced two multi-unit development agreements with California-based businessman Anil Yadav, CEO of JIB Management, who plans to open 16 cafes in Seattle and seven in Las Vegas over the next seven years.
As the largest Jack-in-the-Box franchisee in the U.S., as well as the largest Denny's franchisee in California, Yadav brings an impressive record of franchising success to Corner Bakery Cafe.
"While looking for a brand that is relevant in today's market, we came across Corner Bakery Cafe and knew we had to be a part of it," Yadav said. "The brand has a lot of promise for the future and is in the right segment – fast casual. We feel very strongly about the markets we are entering with Corner Bakery Cafe and the future for our cafes there is very bright and promising."
Corner Bakery Cafe operates 166 company-owned and franchised locations in 17 states and Washington, D.C. Last month, the company announced plans to open 18 restaurants in Kentucky and Tennessee, as well as plans for 17 cafes in the Orlando area, bringing total development commitments to more than 350 locations. Much of the rapid growth can be attributed to Corner Bakery Cafe's emphasis on multi-unit national expansion and commitment to partnering with respected franchise leaders and operators in the restaurant industry.
"Anil represents the type of experienced, highly successful franchisee that is attracted to the Corner Bakery Cafe franchise opportunity," said Gregg Koffler, Corner Bakery Cafe Vice President of Franchise Sales. "He understands how to grow a market, and we expect him to quickly replicate the success of his other business concepts with Corner Bakery Cafe."
The fast casual chain, with plans to more than double its U.S. footprint in the next three years, continues to seek qualified franchise partners to expand the brand into top DMA markets in new states including Alabama, Minnesota, Missouri, North Carolina, Ohio and South Carolina, among others. More information on available Corner Bakery Cafe franchise territories is available at CornerBakeryCafe.com/Franchise-Information.
Corner Bakery Cafe's made-to-order menu features hot breakfast scramblers, signature panini and sandwiches, homemade soups, hand-tossed salads, pastas and indulgent sweets while providing a place to gather with family and friends. In addition, Corner Bakery Cafe provides a robust, best-in-class catering platform, presenting fresh food perfectly packaged for delivery or pick up.
To locate the nearest Corner Bakery Cafe or for additional information on franchise opportunities, visit www.CornerBakeryCafe.com.
About Corner Bakery Cafe
Corner Bakery Cafe is a fast casual restaurant serving breakfast, lunch and dinner to guests in 17 states and Washington, D.C. Established in 1991, Corner Bakery Cafe restaurants are owned and operated by CBC Restaurant Corp. with 166 company-owned and franchised locations around the country. Founded on a philosophy of creating a place for people to relax and gather with family and friends, Corner Bakery Cafe offers a casual atmosphere featuring innovative, seasonal menu options ranging from hot breakfasts and signature panini to handcrafted salads, sandwiches and mouthwatering sweets. Offering dine-in, to-go and catering service for any occasion, Corner Bakery Cafe delivers a premier bakery cafe experience in the heart of neighborhoods everywhere. Corner Bakery Cafe was acquired in 2011 by Roark Capital Group, an Atlanta-based private equity firm that specializes in business and consumer service companies with attractive growth prospects and revenues ranging from $20 million to $1.0 billion. More information on Corner Bakery Cafe franchise opportunities is available at CornerBakeryCafe.com/Franchise-Information.
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SOURCE Corner Bakery Cafe