Bringing bagels, gourmet bread, wood-fired pizza and chocolate fondue to the Roanoke Valley is taking longer than some national food chains expected.
Last year, several retailers announced with glowing language that they were seeking franchisees to expand in the Roanoke Valley and in parts of Southwest Virginia.
Their well-intentioned plans fell through with the nation’s financial meltdown and a tightened credit market that has made it nearly impossible for new entrepreneurs to get a loan. These restaurant companies say they’re still interested in the Roanoke market, but they’re playing a waiting game. Some are no longer heavily seeking area franchisees — for now.
Here’s the story of four companies that haven’t yet found local investors.