Raving Brands announces today that PJ’s USA, Inc. and PJ’s Wholesale, Inc. entered into an agreement with New Orleans Roast, L.L.C. and New Orleans Brew, L.L.C. for the purchase of the assets of the PJ’s Coffee of New Orleans franchise system and coffee roasting business.
The deal is expected to close this spring and is subject to due diligence and certain closing conditions.
New Orleans Roast and New Orleans Brew are affiliates of the New Orleans-based Ballard family, who, in partnership with lifelong friends and local business owners born and raised in south Louisiana, intend to bring PJ’s back to its place of origin.
Franchisees since 1995, New Orleans Roast and New Orleans Brew currently own and operate five PJ’s Coffee of New Orleans locations, and intend to develop and manage additional stores in the future.
No comments yet.