Corner Bakery Cafe Grows in the Great Lakes Region with 13 Store Deal
Fast Casual Franchise Signs Development Agreement to Open First Neighborhood Bakery Cafes in Ohio
DALLAS - April 20, 2015 // PRNewswire // - According to the National Restaurant Association, restaurants are a driving force in Ohio's economy with a projected $18.3 billion in sales in 2015. Corner Bakery Cafe, a fast casual restaurant concept known for its ingredient-inspired menu and neighborhood cafe atmosphere, is off to a fast start in the second quarter with the announcement of a 13-location deal for greater Cleveland, the brand's first area development agreement in the state of Ohio.
"A stable economy and a community that enjoys food combine to make northeast Ohio the perfect place for us to enter the market," explains Gregg Koffler, vice president of franchise sales for Corner Bakery Cafe. "With the experience of our recently signed team, coupled with the popularity of our existing cafes in the Great Lakes region, our future in Ohio looks very bright."
Scott Berkowitz, a northeast Ohio native, spearheads Corner Bakery Cafe's 35th franchise group which includes Brad Kowit and Steve Overholt. Berkowitz strategically brought the team together to cover all facets of owning and managing a franchise. Kowit's expertise in retail brokerage and development and Overholt's extensive restaurant experience with national brands combined with Berkowitz's consulting and real estate experience equates to an impressive trio with a wealth of knowledge.
Corner Bakery Cafe Growth Reflective of Industry
Coming off the heels of its strongest quarter since 2008, the restaurant industry is projected to reach landmark numbers in 2015. Restaurant guest satisfaction, same-store sales growth and an increase in positive social media mentions have all contributed to the industry's growth, according to recently released data from TDn2Ks.
"After meeting with Corner Bakery Cafe's leadership team, I could tell this brand executes as well as any in the industry and is on the cusp of game changing growth. To be a part of this momentum, all while doing it in my native Ohio, has truly been a humbling experience," explains Berkowitz. "I attended the University of Wisconsin and visited the Chicago locations frequently in my early-20s. It's no surprise to me and my partners that Corner Bakery Cafe is leading the charge for the fast casual segment of the industry."
With more than 185 company-owned and franchise cafes currently open, and franchise agreements representing commitments for 390 units, Corner Bakery Cafe continues its momentum and matches that of the restaurant industry.
With a strong expansion strategy in place, Corner Bakery Cafe plans on doubling its national franchisee operated bakery cafe footprint in the next two years. To accomplish this goal, the brand is adding new multi-unit franchise partners to pioneer the concept in growth markets across the country. The most compelling selling points for franchise partners include strong average annual sales, a focused leadership team and best-in-class catering. For more information on available Corner Bakery Cafe franchise territories, visit www.CornerBakeryCafe.com/Franchise-Information.
About Corner Bakery Cafe
Corner Bakery Cafe is a fast casual restaurant serving breakfast, lunch and dinner to guests in 21 states and Washington, D.C. Established in 1991, Corner Bakery Cafe restaurants are owned and operated by CBC Restaurant Corp., with more than 185 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. Become a fan of Corner Bakery Cafe on Facebook and on Twitter.
SOURCE Corner Bakery Cafe