TJ Cinnamons is a popular bakery chain known for their delicious cinnamon rolls and other baked goods. The aroma of their freshly-baked treats can be found in malls, airports, and other locations throughout the United States. However, the question arises – who owns TJ Cinnamons?
In this article, we explore the history of TJ Cinnamons and the people who have owned this beloved bakery chain. From its humble beginnings in 1985 to its recent changes in ownership, we delve into the fascinating story of how this small business grew into a nationwide franchise. So, buckle up and get ready to learn about the ownership of TJ Cinnamons.
A Brief History of Tj Cinnamons and Its Ownership
TJ Cinnamons is a renowned bakery and cafe chain that primarily specializes in cinnamon rolls. The establishment was founded in 1985 by two brothers, Philip and Todd Taunton, who opened their first outlet at Kenwood Mall in Cincinnati, Ohio. The name TJ Cinnamons is derived from the initials of the Taunton brothers – Todd and John (TJ).
Over the years, TJ Cinnamons has gained significant popularity for its delicious cinnamon rolls and has expanded into several states in the United States. In 1999, the company was bought by Mrs. Fields’ Famous Brands, a holding company for various snack brands. Today, TJ Cinnamons operates as a subsidiary of Mrs. Fields’ Famous Brands and has over 30 locations across the United States. Despite the change in ownership, the irresistible taste of TJ Cinnamons’ cinnamon rolls remains as popular as ever.
The Different Owners of Tj Cinnamons Over the Years
Tj Cinnamons is a famous chain of bakeries and coffee shops, known for its sweet and savory cinnamon rolls and delicious coffee. The brand has a long history, and it has been owned by many different companies and individuals over the years.
Initially founded in 1985 by Todd and Jeff Pritz, Tj Cinnamons was later sold to Mrs. Fields Famous Brands in 1998, which also owned Mrs. Fields Cookies. In 2004, Global Franchise Group acquired Mrs. Fields Famous Brands, and hence, Tj Cinnamons became a part of it. Today, Tj Cinnamons operates as a subsidiary of Global Franchise Group and is headquartered in Atlanta, Georgia. The company has over 70 locations worldwide and continues to be a favorite bakery and coffee shop for many.
Tj Cinnamons: Current Ownership and Structure
As of 2021, Tj Cinnamons is currently owned by GFG Bakery LLC, a subsidiary company of Global Franchise Group (GFG). GFG is a leading franchisor of quick-service restaurants that operate in over 16 countries worldwide. The company is headquartered in Atlanta, GA and was founded in 2006.
Tj Cinnamons was acquired by GFG in 2020 as part of its strategy to expand its portfolio of brands. Tj Cinnamons operates as a franchise model, with over 50 locations across the United States and Puerto Rico. The brand specializes in cinnamon rolls, pastries, and coffee. GFG has plans to continue expanding the franchise and strengthening its brand position in the market.
How Tj Cinnamons is Operated Under the Current Ownership
TJ Cinnamons is currently owned by a private equity firm, Sovrano LLC, who acquired the company in early 2019. Sovrano LLC is responsible for overseeing the operations of the business, including product development, financial management, and marketing strategies.
Under the current ownership, TJ Cinnamons has undergone significant changes. The company has introduced new products and revamped its marketing efforts to appeal to a wider audience. Additionally, Sovrano LLC has implemented cost-cutting measures to improve the profitability of the business. Despite the challenges brought on by the pandemic, TJ Cinnamons has remained open and continued to serve customers both in-store and online. Overall, the current ownership has demonstrated a commitment to growing and improving the brand, while staying true to its core values of delicious baked goods and excellent customer service.
Challenges and Successes in Running Tj Cinnamons Under Various Ownerships
Running Tj Cinnamons under various ownerships has come with its share of challenges and successes. One of the main challenges is maintaining consistency in the quality and taste of the products. When ownership changes hands, there is a risk of changing suppliers or altering ingredients, which can affect customer satisfaction. This requires effective communication between the previous and new owners to ensure all aspects are maintained to the same standards.
On the other hand, running Tj Cinnamons under different ownerships has also brought about success stories. Under some ownerships, the brand has expanded its reach and introduced new products, driving overall growth in the business. Additionally, different owners may have brought in new ideas and creative approaches to marketing and advertising, improving the brand’s image and driving more people through the door. Overall, successful ownership changes require a balance of maintaining the brand’s core values and allowing for innovation and growth to keep the brand competitive in a changing market.
Future Plans for Tj Cinnamons: Insights from the Owner/s
TJ Cinnamons is currently owned by a company named J&J Snack Foods Corporation. The company is publicly owned and is listed on the NASDAQ stock exchange. The company started as a small pizza shop in New Jersey and later rebranded itself as J&J Snack Foods Corporation. The company has grown tremendously under the leadership of its CEO, Gerald B. Shreiber.
In terms of future plans for TJ Cinnamons, J&J Snack Foods Corporation has been tight-lipped. However, the company’s track record shows that it is committed to growth and expansion through acquisitions and product innovation. It’s safe to say that TJ Cinnamons will continue to focus on producing high-quality cinnamon rolls and expanding into new markets globally. Additionally, the company may introduce new products under the TJ Cinnamons brand to cater to changing consumer preferences.
Tj Cinnamons and Its Place in the Global Food Franchise Industry.
Tj Cinnamons is a beloved American bakery chain that specializes in cinnamon rolls and other sweet baked goods. Although it may not have the global reach of some larger food franchises, Tj Cinnamons still holds a special place in the hearts of many customers across the United States and beyond.
As a small business, Tj Cinnamons has faced some challenges in the competitive food franchise industry. However, the company has maintained a loyal customer base through its delicious products and commitment to quality. With a focus on fresh ingredients and exceptional service, Tj Cinnamons continues to be a prominent player in the bakery market and a popular choice for those looking for a sweet treat.
The Conclusion
After extensive research, it seems that the ownership of Tj Cinnamons is a bit murky. While it was founded by Ted and Mike Robbins in 1985, ownership has changed hands numerous times since then. Today, Tj Cinnamons is owned by GSR Brands, a holding company that also owns the Gosh Enterprises and Golden Skillet chains. However, it appears that some individual franchisees may also hold partial ownership in certain locations.
Regardless of who technically owns Tj Cinnamons, it’s clear that the brand has a loyal following among cinnamon roll fans. With dozens of locations across the United States, many people look forward to indulging in the chain’s sweet treats. As long as Tj Cinnamons continues to provide high-quality cinnamon rolls and other baked goods, customers will likely keep coming back for more.