NEW ORLEANS Raving Brands Inc. of Atlanta said today it has completed the sale of its 48-unit PJ’s Coffee division to New Orleans Roast LLC and New Orleans Brew LLC of Louisiana. Terms of the deal, first announced in March, were not disclosed. Principals in the new ownership companies -- Paul, Steven and Scotty Ballard -- also own the 53-unit Wow Cafe & Wingery concept of Covington, La., as well as five franchised PJ’s Coffee stores.Raving Brands recently has sold two of its other ...
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Contact: Desiree Torres Desiree.Torres@penton.com