Fresh Brothers Expands Beyond California with New Acquisition
Acquisition by Craveworthy Brands
Fresh Brothers, the popular Southern California pizza chain, has been acquired by Craveworthy Brands, a Chicago-based company that operates 15 restaurant brands with 225 locations nationally. This acquisition marks a significant milestone for Fresh Brothers, which was founded in California in 2008 and has since expanded to various cities across the state.
National Expansion
Through the franchise model, Fresh Brothers will open new locations nationwide. According to a news release, the company plans to expand its footprint beyond California, with the first location in the Chicago area set to open by March. The company also intends to begin franchising in other states by the same time.
California Expansion
In addition to its national expansion, Fresh Brothers also plans to open more locations in California. The company has already established a strong presence in the state, with shops in cities such as Brentwood, Burbank, El Segundo, Hollywood, and Manhattan Beach.
Industry Trends
The expansion of Fresh Brothers is somewhat of an outlier in the fast-casual dining industry, which has seen several chains struggle with inflation and high labor costs. Other chains, such as Mod Pizza, Shake Shack, and Rubio’s Coastal Grill, have either downsized or filed for bankruptcy in recent months. Fresh Brothers’ ability to expand despite these challenges is a testament to the company’s strong brand and business model.
Conclusion
Fresh Brothers’ acquisition by Craveworthy Brands marks an exciting new chapter for the company. With plans to expand nationwide and open more locations in California, Fresh Brothers is poised for continued growth and success. The company’s ability to adapt to changing market conditions and expand its footprint beyond California is a testament to its strong brand and business model.
FAQs
Q: What is Craveworthy Brands?
A: Craveworthy Brands is a Chicago-based company that operates 15 restaurant brands with 225 locations nationally.
Q: How many locations does Fresh Brothers currently have?
A: Fresh Brothers currently has locations in various cities across California.
Q: When will Fresh Brothers open its first location in the Chicago area?
A: Fresh Brothers plans to open its first location in the Chicago area by March.
Q: Will Fresh Brothers continue to operate locations in California?
A: Yes, Fresh Brothers plans to open more locations in California in addition to its national expansion.
