Under the deal, Blue Mountain Cafes seeks to open in 13 restaurants in Phoenix over the next seven years, while Neo Fourno plans to open ten new restaurants in Madison and Milwaukee over the next five years.
The new franchise agreements will add 23 cafes, increasing the total to more than 300 committed cafes. This will enable Corner Bakery Café’s plan to more than double its US footprint.
Corner Bakery Cafe Franchise Sales vice president Gregg Koffler said these new markets are a perfect fit for Corner Bakery Café
"Each community is known for its strong neighborhoods and with our neighborhood approach to development, we expect each new restaurant to quickly become a favorite gathering place for local families and friends.
"As a leading brand in the fastest growing segment of the restaurant industry, there is no question that Corner Bakery Cafe has an advantage with *$2.3 million AAVs and outstanding unit-level economics," Koffler added.
Corner Bakery Cafe offers hot breakfast scramblers, signature paninis and sandwiches, homemade soups, hand-tossed salads, pastas and sweets while providing a place to gather with family and friends.
The company has more than 150 company-owned and franchised outlets in 16 states and Washington, DC.