Schlotzsky’s has signed a history-making franchise deal to bring 30 new restaurants throughout the Philadelphia metro area that would also house Cinnabon and Carvel franchises inside the buildings.
Schlotzsky’s, Carvel, and Cinnabon are all part of the parent company FOCUS Brands Inc.. The three iconic food franchises began partnering early last year to open tri-branded locations and have seen robust sales due to this strategy.
In total, the new tri-branded restaurants resulted in a total of 90 franchise agreements to be signed – the largest in Schlotzsky’s 40-year history.
Company executives said the first restaurant is set to open during the first quarter of 2012, with several scheduled to open throughout the remainder of the year. More.