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This question is about Cinnabon.
Who owns Cinnabon?
Focus Brands, an affiliate of Roark Capital Group, owns Cinnabon. Focus Brands also owns:
Schlotzsky's
Carvel
Moe's Southwest Grill
McAlister's Deli
Jamba
Auntie Anne's
The first Cinnabon opened in December 1985 at SeaTac Mall. Cinnabon was an offshoot of the Seattle Based Restaurants Unlimited restaurant chain majority-owned by Rich Komen with minority partner and CEO Ray Lindstrom. Komen and Lindstrom wanted to create the perfect cinnamon roll.
Cinnabon was bought by AFC Enterprises in 1998 for $65 million. In 2004, AFC Enterprises sold Cinnabon for $30.3 million to Focus Brands.
Cinnabon is headquartered in Atlanta, Georgia, and has franchise locations in 48 countries with plans to open 150 branded stores in the United Kingdom by 2025.
The company is multinational and has more than 1,200 bakeries in high pedestrian traffic areas such as malls, airports, and rest stops. In 2021, Cinnabon had annual revenue of $143 million with over 12,000 employees working for the company.
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