ATLANTA Raving Brands Inc. said today that it had agreed to sell its PJ’s Coffee division to New Orleans Roast LLC and New Orleans Brew LLC of Louisiana. Terms were not disclosed. The deal, which includes franchise rights to the 48-unit chain and a coffee-roasting business that supplies the chain, is expected to close later this spring, subject to due diligence and closing conditions. Earlier this month, Raving Brands sold its Mama Fu’s Asian House brand to franchisees based in ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!