Atlanta — Cinnaholic, the brand that sparked a nationwide love affair with gourmet cinnamon rolls on ABC’s hit show, “Shark Tank,” is accelerating its expansion plans and is set to open 20 new locations across the country this year and another 80 locations by 2025.
With 54 locations open and 60 in development, Cinnaholic has set its sights on targeted franchise growth, zeroing in on key markets throughout the United States including Indianapolis, Dallas, Houston, Chicago, Austin, Tampa, Orlando, and Nashville.
“Our franchise model has proven successful time and time again and we are excited to continue the momentum as we look to excel growth,” says Spencer Reid, president of Cinnaholic. “Last year was extremely successful year in terms of franchise development and systemwide gross sales growth overall by of 29%, further emphasizing Cinnaholic as a brand with incredible staying power.”
Cinnaholic also provides online pickup and third-party delivery and catering services. The menu is plant-based, vegan, animal-free and free of dairy, lactose, eggs and cholesterol.
In addition to low startup costs and manageable operations, franchise owners are provided extensive corporate training as well as real estate, construction, operations, marketing and grand opening support.
The flexible business model works well in upscale lifestyle centers, major city centers and near college campuses. A notable contributor to franchisees’ success is the relatively low cost of owning and operating a Cinnaholic location, specifically the small footprint (around 1,000 square feet) and low food and labor costs.
For more information, visit www.cinnaholic.com.
SOURCE: Cinnaholic