BURLINGTON, VT-Bruegger’s Enterprises plans to add 100 units to its portfolio of 242 bagel stores by the end of 2008. The announcement by the company’s management follows a strong quarter, in which Bruegger’s posted a year-over-year same-store sales jump of 8.1% for company-owned restaurants.

Management has plans to open 30 of the new units by Dec. 31, as well as an additional 35 in each 2007 and the following year. There are currently 10 units under construction, primarily in the Southeast.

Same-store sales for the quarter ended April 18 were up 5.7% for franchise-operated units, which make up just under a third of Bruegger’s total store count. Gross sales company wide were $28.7 million, up from $24.3 million the year before.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.