"New York boroughs, specifically Brooklyn, have seen an upsurge in food and retail growth over the last several years," explains Gregg Koffler, vice president of franchise sales for Corner Bakery Cafe. "With Ashish's understanding of the market and experience as a tireless franchise operator, we have no doubt that Corner Bakery Cafe will quickly grow to become the choice for craveable, healthy menu options for Brooklyn residents."
Corner Bakery Cafe an Ideal Fit for New York Neighborhood
According to the US Census Bureau, Brooklyn is the most populous of New York's five boroughs with an estimated 2.6 million residents, making it one of the largest neighborhoods in the state of New York and across the US. As a New York resident, Parikh understands the business opportunity that Corner Bakery Cafe provides as a leader in the bakery cafe space.
"While there is so much to love about Corner Bakery Cafe – from the quality of the food to the warmth of the experience – what truly resonates with us is the community feel of the brand," says Parikh, CEO of Parikh Network. "Additionally, Corner Bakery Cafe stands out amongst the other players in the bakery cafe category with its operational excellence, best-in-class catering and excellent unit-level economics."
According to Technomic, bakery cafes continue to lead all menu categories among the Top 150 fast-casual chains, with US systemwide sales of $6.7 billion, up more than 9% over 2012. With record growth in 2014, Corner Bakery Cafe has 55 locations currently in development and franchise development commitments for more than 365 additional cafes. With one of the highest annual sales per location in the cafe segment, a focused leadership team and best-in-class franchise operators, the brand is poised to more than double its national footprint by 2017.
Corner Bakery Cafe continues to seek multi-unit franchise partners to expand into additional franchise territories across the country. For more information on available Corner Bakery Cafe franchise territories, visit www.CornerBakeryCafe.com/Franchise-Information.