Corner Bakery Cafe has 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.
Yadav is the largest Jack-in-the-Box franchisee in the U.S., as well as the largest Denny's franchisee in California.
"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 says. "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.
"Anil represents the type of experienced, highly successful franchisee that is attracted to the Corner Bakery Cafe franchise opportunity," says 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."