Corner Bakery Cafe rounded out 2013 with a multi-unit restaurant development agreement and plans to open eight new restaurants in the Sacramento area with new franchise partner East Bay Restaurants, Inc. of Pleasanton, Calif.
East Bay Restaurants Chief Operating Officer, Harsh Ghai, who also owns and operates 48 Burger King and seven Taco Bell restaurants, said he is excited to add Corner Bakery Cafe to his concepts and introduce the fast-casual brand to new fans and communities in Sacramento. The group of veteran restaurant operators plans to open its first cafe in 2014 and the remaining sites over the next five years.
"Corner Bakery Cafe is taking the restaurant industry by storm and stepping up the game to a whole new level which we believe is unmatched in the fast-casual, quick-serve and casual dining restaurant segments," said Ghai. "We are extremely excited to join the brand and introduce it to the Sacramento area, a market we greatly appreciate and have a passion for. Having developed this market economically for more than ten years through other ventures, we are looking forward to bringing Corner Bakery Cafe to the community."
East Bay Restaurants joins a roster of more than 25 franchise partners, raising the total to more than 300 cafes under development, as Corner Bakery Cafe continues on its goal to more than double its U.S. footprint in the next three years.
"We're thrilled to wrap up 2013 with this great news regarding our latest agreement," said Gregg Koffler, Vice President of Franchise Sales for Corner Bakery Cafe. "This final agreement completes 12 Area Development Agreements for 2013 and adds to the momentum we're experiencing coming off a record-breaking year. Sacramento is the perfect place to continue our expansion plans as the brand looks to numerous new locations and even more fans on the West Coast."
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 160 company-owned and franchised locations in 17 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.
Corner Bakery Cafe is a fast-casual restaurant serving breakfast, lunch and dinner to guests in 17states and Washington, D.C. Established in 1991, Corner Bakery Cafe restaurants are owned and operated by CBC Restaurant Corp. with more than 160 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 paninis 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.
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