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Cinnabon's first franchise-operated store opened in August 1986 just outside of Philadelphia at the King of Prussia Mall. Cinnabon stores today can also be found in gas stations, universities, rapid transit stations, casinos, and amusement parks. [citation needed] Cinnabon was bought by AFC Enterprises, Inc. in 1998 for $65 million. [7]
GoTo Foods (formerly Focus Brands) is an American company that currently owns the Schlotzsky's, Carvel, Cinnabon, Moe's Southwest Grill, McAlister's Deli, Auntie Anne's and Jamba brands. It is located in Sandy Springs, Georgia , and operates over 6,700 stores globally.
Katrina "Kat" Cole (born March 18, 1978) is an American businesswoman. She is the CEO of AG1, formerly known as Athletic Greens. She was previously the chief operating officer and president of North America for Focus Brands and the president of Focus Brands' subsidiary Cinnabon, an American chain of retail bakeries specializing in cinnamon buns. [1]
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Domino's Pizza used to be called DomiNick's, but the name was changed after brothers Tom and James Monaghan bought the restaurant with a $500 down payment and $900 they borrowed.
Carvel logo from 1989 to 2012. Carvel was founded and operated by Tom Carvel for its first 60 years. In 1929, Carvel borrowed $15 ($270 today [8]) from his future wife Agnes and used it to buy and operate an ice cream truck.
On 21 November 2006, Schlotzsky's was acquired by Focus Brands, an affiliate of private equity firm Roark Capital Group, parent company of Moe's Southwest Grill, Carvel, Cinnabon and Auntie Anne's. [16] The following year, the company named Kelly Roddy as president, who joined Schlotzsky's from H-E-B Grocery Company. [17]