Cinnaholic, the brand that sparked a nationwide love affair with gourmet cinnamon buns on ABC’s hit show Shark Tank, is ramping up expansion plans and is set to open 20 new locations in across the country this year and 80 more by 2025.
With 54 locations open and 60 in development, Cinnaholic has gained a loyal following, distinguishing itself as a “better for you” option exclusively by using plant-based ingredients without sacrificing taste. The brand aims for focused franchise growth, focusing on key markets across the United States including Indianapolis, Dallas, Houston, Chicago, Austin, Tampa, Orlando and Nashville.
“Our franchise model has proven itself time and time again and we are delighted to continue this momentum as we seek to excel in our growth,” said Spencer Reid, President of Cinnaholic. “The past year has been an extremely successful year in terms of franchise development and overall gross sales growth of 29% system-wide, further highlighting Cinnaholic as a brand with incredible sustainability.
Cinnaholic has stood out as a “better for you” option by using exclusively plant-based ingredients without sacrificing taste. Its variety of frosting and topping options makes each customer’s experience truly unique, drawing gourmet dessert lovers all over North America. The brand also offers online pickup and third-party delivery services, catering services, sweet treats for events big and small, from birthdays or office parties to baby showers and weddings. Customers can expect nothing less than the highest quality ingredients, as the plant-based vegan bakery franchise was founded on the commitment that all ingredients should be animal and dairy free, lactose, eggs and cholesterol.
In addition to low start-up costs and manageable operations, franchise owners receive extensive in-house training as well as support in real estate, construction, operations, marketing and grand opening, making this a truly enjoyable franchise opportunity. . This high performing business model has made Cinnaholic a much sought after franchise brand.
The flexible business model works well in high-end lifestyle hubs, large city centers, and near college campuses. A notable factor in the success of franchisees is the relatively low cost of owning and operating a cinnaholic location, especially the small square footage (around 1000 square feet) and low food and labor costs.
As the brand continues to expand into key markets, Cinnaholic is actively seeking qualified individual and multi-unit owners looking to invest in an exciting brand with great sustainability. The ideal franchisees should have business or operations experience and a passion for the food industry. Franchisees must have a minimum net worth of $ 500,000 and meet minimum liquid asset requirements of $ 200,000.
The news and information presented in this press release has not been corroborated by QSR, Food News Media or Journalistic, Inc.