Saxbys Coffee, 2012 “One to Watch” according to QSR Magazine, is prepared for vigorous franchise growth following its recent acquisition by Radnor, PA based MVP Capital.
“Saxbys is a really exciting opportunity. The brand has achieved great consumer loyalty in a short time, combined with strong until level economics. We believe Saxbys has unlimited growth potential. Nick and his team have done a great job developing the Saxbys brand,” said Paul Friel CEO of the new management team at Saxbys Coffee LLC.
In addition to Co-Founder Nick Bayer and the core Saxbys team, the company is able to combine forces with the new team members that have deep experience in retail and franchising. “We look forward to working with Nick Bayer and the Saxbys team to further develop the franchise program. We believe Saxbys is a great investment for multi unit franchisees, with its strong growth potential,” said Saxbys board member Rocco Fiorentino, also an International Franchise Association board member with a variety of executive retail experience with Manhattan Bagel, Krispy Kreme and Swiss Farm Stores.
Saxbys “The One To Watch” Acquired By MVP Capital
May 9, 2012 by Mark | 0 Comments