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The founders and original owners, Eric and Delora Jenrich and David Walker, came from franchise backgrounds and used that knowledge to grow Tropical Smoothie Cafe. As they grew, they recruited others from the food industry. In 2012, private equity firm Buckhead Investment Partners (BIP) bought a controlling interest in Tropical Smoothie Cafe. [6]
The name was proposed by a 5th-grade class when the founders asked for restaurant name suggestions. [5] The chain reached 10 locations by 1995. By 2003, Cheddar's generated $150 million in revenue from 42 restaurants in 13 states [ 6 ] and Brazos Private Equity Partners made an initial investment to grow the company that year.
Restaurant Startup is an American food competition series that aired for three seasons on CNBC, from 2014 to 2016. In the show, two judge-investors meet with aspiring chefs, taste their food, hear their concept and decide whom they want to support in their food career. [ 1 ]
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Auctions in salesrooms attached to coffeehouses provided the start for the great auction houses of Sotheby's and Christie's. In Victorian England, the temperance movement set up coffeehouses (also known as coffee taverns) for the working classes, as a place of relaxation free of alcohol , an alternative to the public house .
In 2012, Blue Bottle received $20 million in venture capital investment. [9] In January 2014, Blue Bottle raised $25.75 million in a new round of funding. [10] In 2015, Blue Bottle completed a venture capital round in which it raised $70 million from investors led by Fidelity. [11] Blue Bottle Coffee stand in the Moynihan Train Hall (Penn ...
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Café Coffee Day Global Limited Company is a Chikkamagaluru-based business which grows coffee in its own estates of 20,000 acres. [5] It is the largest producer of arabica beans in Asia, exporting to various countries including U.S., Europe, and Japan.