Industry News | April 14, 2016

California-Based Vegan Bakery Signs Deals for Nine New Stores

image used with permission.

Cinnaholic, the vegan bakery acclaimed for serving innovative, gourmet cinnamon roll creations, signed franchise agreements to open a total of nine restaurants in California, Arizona, and Colorado.

The announcement signifies meaningful growth for the gourmet cinnamon roll chain. Six locations will be split evenly between Arizona and Colorado, marking the brand’s entrance into both of the states. An additional three bakeries are planned for the San Diego area, joining Cinnaholic’s flagship location in Berkeley. Cinnaholic gained national attention after the company was featured on ABC’s hit show, “Shark Tank.” The brand began franchising in 2014 and currently has 40 units in development, including West Hollywood, Brea, and San Jose, California.

“National expansion has always been on the horizon for us,” says Spencer Reid, president of Cinnaholic. “Each of these markets present incredible opportunities to build excitement around the Cinnaholic brand. We’re eager to continue to grow and serve the most innovative, delicious cinnamon rolls.”

Cinnaholic signed the agreement for the nine new locations with LF Development Group. Based in Scottsdale, Arizona, LF Development Group is a development firm that partners with local operators to establish and manage franchise concepts across the country.

“Cinnaholic is a dynamic concept which is sure to make an impression on residents of Colorado, Arizona and California,” says Fred Auzenne, CEO of LF Development Group, the development arm of Legacy Franchise Group LLC. “We are excited to help expand the brand’s presence on a national level and bring the bakeries into new markets.”

Founded in 2009 in Berkeley, California, Cinnaholic is the only gourmet bakery that allows customers to completely customize cinnamon rolls with more than 30 frosting flavors and over 20 topping choices. Each Cinnaholic cinnamon roll is 100 percent vegan and free of dairy, lactose, eggs, or cholesterol, allowing guests to enjoy their mouthwatering creations without worrying about certain dietary or allergy restrictions.

News and information presented in this release has not been corroborated by QSR, Food News Media, or Journalistic, Inc.

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