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| Planet Smoothie In The News |
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NESTLE’ TOLL HOUSE CAFÉ BY CHIP AND PLANET SMOOTHIE ENTER CO-BRANDING AGREEMENT
Ice Cream to the Left, Smoothies to the Right
ATLANTA – January 19, 2006 – Planet Smoothie, one of the country’s most sought after smoothie concepts and an Entrepreneur Magazine top-ranked franchise, has signed an agreement with Crest Foods Inc. dba Nestle’ Toll House Café by Chip, a recently ranked Entrepreneur Magazine franchise, to begin co-branding the Nestle’ Toll House Café by Chip and Planet Smoothie brands. The deal offers existing and new franchisees an opportunity to offer a more dynamic array of products, an increased revenue potential with minimal additional financial costs, in more varied real estate environments. Rich in brand history, the Toll House idea was started in 1930 when Mr. and Mrs. Wakefield purchased a Toll House in Massachusetts. Mrs. Wakefield became recognized throughout New England for her baked goods and one day experimented with Nestlé® Semi-Sweet Chocolate to create the Toll House Cookie which became one of the many delectable chocolate desserts made by Nestle, the world’s largest food company. “This co-branding agreement is good for the consumer and good for the franchisee,” explains Doyle Liesenfelt, President, Nestle’ Toll House Café by Chip. “Each of our brands has always focused on the importance of taste and delivering the very best products and consumer experience. The brand loyalty we each share with our customer bases should prove beneficial to our new franchisees.” The co-branded concept will be operated by one franchisee with two integrated, but distinctly branded areas. Planet Smoothie will feature a full menu of smoothies and healthy snacks, while Nestle’ Toll House Café by Chip will feature 20-30 ice cream flavors and full baked goods. “We are looking forward to spirited growth as a result of aligning with a household brand,” explains Chris Morocco, Executive Partner, Raving Brands/Planet Smoothie. “We have successfully retrofitted an existing concept in one of Atlanta’s premier malls, Phipps Plaza, and we anticipate having four more deals in Q1 with existing Planet Smoothie franchisees. We are predicting a lift no less than 50 percent in revenue potential with a one-time initial build-out increase of 25 percent. It’s a very dynamic proposition that places our smoothie concept in an emerging leadership position.”
About Nestle’ Toll House Café by Chip
About Planet Smoothie
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