By the end of 2022, Cinnaholic plans to build 25 more stores. Despite the difficulties that all eateries suffered as a result of the COVID-19 epidemic, Cinnaholic had a fantastic year in 2021, bringing in $20 million in sales from its current outlets. Cinnaholic’s sales increased by 64% in the United States and 30% in Canada when compared to 2020. (where they are a favorite of Prime Minister Justin Trudeau). Despite the sad circumstances surrounding the COVID-19 epidemic forcing several chains to close stores, Cinnaholic kept all of its outlets open in 2021.
“2021 was a fantastic year for Cinnaholic, and it has been thrilling to watch the brand continue to grow over the last several months… We have a lot to look forward to with the new openings on the horizon and the new owners that will be joining our family. We are also thankful for our hardworking franchisees, who embody the Cinnaholic spirit at every bakery,” stated Leanne Cavallaro, Director of Operations at Cinnaholic.
Due to its cheap beginning costs, controllable operations, corporate training, and assistance for real estate, construction, operations, and marketing, the brand presently runs more than 60 sites in the United States and Canada and is regarded a highly sought-after franchise brand. Cinnaholic has launched 13 additional shops in the previous year, with plans to build another 18 in early 2022. The new sites will be in Florida, Ohio, New York, and Massachusetts, among other states.
Everyone Can Enjoy Vegan Cinnamon Rolls
Shannon and Florian Radke, a husband and wife partnership, launched the first Cinnaholic restaurant in Berkeley, California in 2009 and began franchising the vegan cinnamon roll franchise in 2014 after participating on the investing reality show Shark Tank. While the firm got a $200,000 offer from “shark” Robert Herjavec in exchange for 40% ownership, the Radkes chose a different path to expand Cinnaholic as a franchise across North America—and it has paid off.
The vegan bakery is famous for its decadent cinnamon buns, which can be personalized with a variety of icing types and toppings. Cinnaholic also sells a range of vegan baked items, such as cookies, brownies, and cakes, in addition to cinnamon rolls. Birthday parties and other special occasions can be catered by the bakery.
The restaurant is recognized for experimenting with new dishes such as the Savory Pizza Roll (stuffed with vegan cheese and marinara sauce) and the Fluffernutter Roll in addition to its basic menu (filled with gelatin-free marshmallows).
“We love coming up with ways to treat our fans—and we have big menu and promotion plans in the new year… Cinnaholic lovers can definitely look forward to exciting brand news in 2022. Whether we offer deals or new flavors, we are always ready to spice things up,” Cavallaro said.
Source: “CINNAHOLIC TO OPEN 25 NEW LOCATIONS AFTER SELLING $20 MILLION WORTH OF VEGAN CINNAMON ROLLS IN 2021” by VegNews