Corner Bakery Cafe yesterday announced that it is entering the Oklahoma and Massachusetts markets, as well as three new markets in Florida and California as part of five multi-unit restaurant franchise agreements.
The agreements represent nine new restaurants in San Diego, seven in Oklahoma, 14 in Tampa, 10 in Northeast Florida and 21 in Boston. The first cafes in each market are expected to open next year.
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 who bring value and expertise to the brand. In addition, Corner Bakery Cafe recently promoted Gregg Koffler to Vice President of Franchise Sales to spearhead overall sales and growth of the franchise division for the fast-casual brand.
"These new markets are a perfect fit for Corner Bakery Cafe," said Koffler. "Each community is known for its strong neighborhoods and with our neighborhood approach to development, we expect each new restaurant to quickly become a favorite gathering place for local families and friends."
Overall, the agreements add 61 new cafes, raising the total to almost 300 committed cafes, as the company moves forward on its goal to more than double its U.S. footprint in the next three to four years.
"As a leading brand in the fastest growing segment of the restaurant industry, there is no question that Corner Bakery Cafe has an advantage with *$2.3 million AAVs and outstanding unit level economics," said Koffler. "Adding to that advantage, our new franchise partners include some of the most successful veteran restaurant professionals in the industry."
The new franchise partners include:
Corner Bakery Cafe's made-to-order menu features hot breakfast scramblers, signature paninis and sandwiches, homemade soups, hand-tossed salads, pastas and indulgent sweets while providing a place to gather with family and friends. With more than 150 company-owned and franchised locations in 14 states and Washington, D.C., Corner Bakery Cafe provides a robust, best-in-class catering platform, presenting fresh food perfectly packaged for delivery or pick up.
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