Vegan cinnamon roll bakery Cinnaholic has been one of the top baked goods franchises in the country for some time now, even being included in Entrepreneur magazine’s Franchise 500, the world’s most comprehensive and competitive franchise ranking.
That stellar reputation has allowed Cinnaholic to pursue aggressive expansion. The company has been taking its award-winning concept all across the U.S. and North America with record-breaking growth in the first half of 2019. It has already opened 10 franchise locations since January in new markets including New Jersey, Houston, Phoenix, and Ottawa, Ontario.
“Our franchise model has proven successful time and time again, and the fact that many of our existing franchisees are opening additional locations is a true indicator of our products resonating with customers and our concept’s profitability for investors,” says Spencer Reid, president of Cinnaholic. “We are excited to continue our expansion into new markets at a rapid rate with new and existing franchisees across North America.”
As the company prepares for its ninth anniversary, it will look to continue that development and celebrate its success with its fans. On Wednesday, July 17, Cinnaholic will hold its second annual World Cinnaholic Day. On that day, all locations will serve $1 cinnamon rolls from 12 p.m. to 4 p.m.
Cinnaholic currently has more than 100 locations in development and is on track to reach 50 locations by the end of 2019 and open another 25 by the end of 2020. The bakery is unique in that it allows customers to completely customize its 100 percent vegan cinnamon rolls with more than 20 frosting flavors and over 20 topping choices.