Caribou Coffee is on the fast-track for expansion via franchising.
The coffee chain, part of Panera Brands, said it has signed several multi-unit development agreements to franchise more than 300 new locations domestically. Caribou Coffee, part of Panera Brands, launched its first-ever domestic franchise program in October 2021.
In March 2022, the chain announced the signing of its first multi-unit development agreement with Mike Mariola Restaurants to franchise locations in Ohio. Mariola opened its first Caribou Coffee location in late 2022, in Wooster, Ohio, with plans to develop 60 sites in the Columbus, Dayton, and Cincinnati markets.
Source: Chain Store Age
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