Caribou Coffee to Open 50-plus Locations in Michigan
Posted By: DBUSINESS on April 26, 2023. For more information, please click here to read the source article.
Caribou Coffee, a premium coffeehouse franchisor and Panera Brands company, has announced the signing of several multi-unit development agreements to add more than 300 new locations domestically, including multiple locations in Michigan.
Paul Saber and Patrick Rogers, who own the California-based Manna Development Group that operates 25 Panera Bread franchises across Michigan, including locations in Grand Rapids, Holland, Kalamazoo, Traverse City, and Jackson, plan to develop more than 50 Caribou Coffee outlets in the state (exact locations have yet to be announced).
Caribou Coffee is part of the Panera Brands’ portfolio consisting of complementary brands, which includes Panera Bread and Bagel Brands.
“Over the past 30 years, Caribou Coffee has refined and elevated the guest experience through an unwavering commitment to quality, as well as strategic investments in innovation,” says John Butcher, president and CEO of Caribou Coffee. “With a shared vision and commitment to Caribou’s core values, we’re thrilled to be further expanding our footprint nationwide alongside such experienced and passionate operators, and we look forward to supporting their success.”
Founded in 1992, Caribou Coffee has emerged as a leader in the coffeehouse segment, known for innovative handcrafted products and award-winning customer experience.
Industry-leading innovations in restaurant design have positioned Caribou Coffee for nationwide expansion, including the 2019 roll-out of its drive-thru focused Caribou cabin prototype featuring a significantly smaller footprint, designed to offer speed and convenience without sacrificing quality and service.
The Caribou cabin design coupled with the concept’s traditional coffeehouse prototype featuring a larger footprint for sit-down dining offers franchisees flexible real estate offerings that can cater to the unique criteria of their market.
From using premium ingredients like real chocolate chips and real caramel sauce for their handcrafted beverages, to sourcing 100 percent Rainforest Alliance Certified green coffee, Caribou Coffee offers retail products in all 50 states.
Caribou Coffee provides handcrafted coffee-forward beverages and food options in more than 750 coffeehouses worldwide.
As of March 28, Caribou Coffee has 330 company-owned, 141 non-traditional, and 294 traditional franchise locations in 11 countries. The company is also a craft roaster and retailer of specialty bagged coffee, K-Cup Pods and ready-to-drink products, which can be found online and in grocery stores, mass retailers, club stores, dining venues, and offices in the U.S.
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