Cinnaholic, the vegan bakery acclaimed for serving innovative, gourmet cinnamon roll creations, has announced plans to open three new locations in the Scottsdale area.
The announcement signifies meaningful growth for the gourmet cinnamon roll chain. The three new bakeries will be the brand’s first locations in Arizona, according to a press release.
Cinnaholic gained national attention after the company was featured on ABC’s hit show “Shark Tank.” The brand began franchising in 2014, expanding upon its flagship location in Berkeley, Calif., and currently has 40 units in development, including West Hollywood, Brea and San Jose, Calif.
“We’re thrilled to be bringing our gourmet cinnamon rolls to Arizona,” stated Spencer Reid, president of Cinnaholic, in the release. “The Scottsdale and surrounding markets present an incredible opportunity to continue to build excitement around the brand, and we’re eager to see Cinnaholic continue to expand its presence nationally.”
Cinnaholic signed the agreement for the new Arizona locations with LF Development Group, the development arm of Legacy Franchise Group LLC. Based in Scottsdale, LF Development Group partners with local operators to establish and manage franchise concepts across the country. The group has also signed agreements to open additional Cinnaholic bakeries in California and Colorado.
“LF Development Group is the perfect team to grow the Cinnaholic brand in Arizona,” stated Mr. Reid in the release. “Their collective experience in the franchising industry is outstanding, and they truly understand the Cinnaholic concept and business model as they have been our franchise sales consultants since July of 2015.”
For more information on Cinnaholic, visit www.cinnaholic.com.
The Scottsdale Independent is available for free every Wednesday.