Cinnabon

Cinnabon, Inc.
Subsidiary
Industry Restaurants
Founded 1985 (1985) in Seattle, Washington
Headquarters Sandy Springs, Georgia, United States
Key people
 Joe Guith, President & CEO
Kat Cole Group President of Focus Brands
Products Cinnamon rolls
Coffee
Churros
Milkshakes
Parent AFC Enterprises (1998–2004)
Focus Brands (2004–present)
Website www.cinnabon.com
A typical Cinnabon store

Cinnabon is an American chain of baked goods stores and kiosks, normally found in areas with high pedestrian traffic such as malls, airports and rest stops. The company's signature item is a cinnamon roll. As of December 2017, over 1,200 Cinnabon bakeries were operating in 48 countries.[1] Its headquarters are in Sandy Springs, Georgia, United States.[2][3]

The company is co-owned — with Schlotzsky's, Carvel, Moe's Southwest Grill, McAlister's Deli, and Auntie Anne's brands — by Focus Brands, an affiliate of private equity firm Roark Capital Group,[4] based in Sandy Springs, Georgia, operating over 5,000 stores.

History

A Cinnabon cinnamon roll in a to-go box.
Previous Cinnabon logo

The first Cinnabon opened on December 4, 1985, Federal Way, Washington at SeaTac Mall, now called The Commons at Federal Way. Cinnabon was an offshoot of the Seattle Based Restaurants Unlimited restaurant chain majority owned by Rich Komen with minority partner and CEO Ray Lindstrom at the helm. Mr. Komen and Mr. Lindstrom wanted to create the perfect cinnamon roll, eventually hiring Jerilyn Brusseau to finalize the recipe since Brusseau was famous for her baking in the Seattle area. The first bakery began by serving only its cinnamon rolls with a sign touting "World Famous Cinnamon Rolls". Cinnabon's first franchise-operated store opened in August 1986 in Philadelphia. In 1991, the first Cinnabon store outside a mall was opened in Detroit Metropolitan Wayne County Airport. Cinnabon stores today can also be found in gas stations, universities, rapid transit stations, casinos, and amusement parks.

Cinnabon was bought by AFC Enterprises, Inc. in 1998 for $65 million.[5] In 2004, AFC Enterprises, Inc., sold Cinnabon for $30.3 million to FOCUS Brands, Inc., which is owned by the Atlanta-based private equity firm Roark Capital Group.[6][7] The headquarters moved to Greater Atlanta in 1999.[2]

International locations

Cinnabon at Legoland Windsor in the United Kingdom

Cinnabon has franchise operations in 47 countries which include:

Other cinnabon locations
Cinnabon in Saudi Arabia 
Cinnabon store in Toronto, Ontario, Canada 
A Cinnabon store (right) at the Angola Travel Plaza on the New York Thruway, Angola, New York 
A Cinnabon store at West Valley Mall in Tracy, California 
Cinnabon at the Stoa Korai Arcade Mall in Athens, Greece 
Cinnabon in the Philippines 
Cinnabon location at The Oaks Mall in Gainesville, Florida 

In the AMC television series Better Call Saul, the main character, Saul Goodman, is shown working at a Cinnabon store in Nebraska as he is a fugitive from justice and living under an assumed name.

See also

References

  1. ↑ Scents from a Mall: The Sticky, Untold Story of Cinnabon. Settle Met, Retrieved 12 December 2017
  2. 1 2 "Cinnabon At-A-Glance Archived October 17, 2006, at the Wayback Machine.." Cinnabon. Retrieved on February 25, 2010.
  3. ↑ "City Council Districts Archived January 17, 2010, at the Wayback Machine.." City of Sandy Springs. Retrieved on July 4, 2009.
  4. ↑ Focus Brands To Buy Cinnabon From AFC Enterprises. New York Times, September 9, 2004
  5. ↑ "NY Times: AFC Enterprises to Purchase Cinnabon International". The New York Times. August 19, 1998. Retrieved July 1, 2009.
  6. ↑ "NY Times: Focus Brands to Buy Cinnabon from AFC Enterprises". The New York Times. September 9, 2004. Retrieved July 1, 2009.
  7. ↑ "Roark Capital Group :: Portfolio Companies". roarkcapital.com.
  8. ↑ Auntie Anne's, Cinnabon debut in Jamaica
  9. ↑ "Cinnabon Branches, Amman, Jordan". Jordan Sun.
  10. ↑ http://www.mystore411.com/store/listing/110/kuwait/cinnabon-store-locations
  11. ↑ "Libya Herald: Tripoli's Cinnabon sales on a sugar high". December 29, 2012. Retrieved January 3, 2013.
  12. ↑ http://www.thepointmalta.com/stores/cinnabon
  13. ↑ https://www.google.nl/search?sa=X&biw=1597&bih=790&q=cinnabon&npsic=0&rflfq=1&rlha=0&rllag=52187200,4798612,25443&tbm=lcl&ved=0ahUKEwjei4bOquXQAhUDrxoKHaLrCq4Q0CcINA&tbs=lf:1,lf_ui:4,lf_pqs:EAE&fll=52.2578783985651,5.817945559374948&fspn=2.461147428015522,6.473934018593209&fz=8&oll=52.58283435,5.5213147&ospn=1.419577873784661,2.3198243442566078&oz=8&qop=1
  14. ↑ "US bakery Cinnabon taps Seoul market". , The Korea Herald, Retrieved May 8, 2018
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