Is Jamba Juice owned by Starbucks?

The ownership group, Caf Hawaii Partners, which operated the Starbucks stores through Coffee Partners Hawaii, also owns and operates Jamba Juice Hawaii and has plans to open P.F. Chang's China Bistro this summer.

Is Jamba Juice a public company?

Jamba Juice Now a Publicly Traded Company.

Did Jamba Juice get bought out?

Atlanta-based Focus Brands Inc has announced a definitive merger deal with Texas-based Jamba, Inc., under which Focus brands will acquire Jamba for $13 per share in cash, worth approximately $200m.

What happened to Jamba?

Jamba Juice is going private. The 800-unit brand known for its smoothies will be acquired by Focus Brands. Focus Brands will pay $13 per share, a 36 percent premium to the 200-day trading average of $9.50 that adds up to a $200 million sale price.

Does Jamba own Cinnabon?

Focus Brands is an American company that is an affiliate of the American private equity firm Roark Capital Group that currently owns the Schlotzsky's, Carvel, Cinnabon, Moe's Southwest Grill, McAlister's Deli, Auntie Anne's and Jamba brands. It is located in Sandy Springs, Georgia, and operates over 5,000 stores.

How to get FREE Starbucks Vs. Jamba Juice #498

Why is it called Jamba Juice?

In 1995, Perron swapped out Juice Club for Jamba Juice, which is a play on the African word, jama, which means "to celebrate."

What was Jamba Juice originally called?

Jamba Juice was originally founded in 1990 as Juice Club, but eventually changed its name and its menu to feature mostly smoothies.

When did Jamba Juice go private?

Jamba has more than 800 locations worldwide. With the completion of the deal, Jamba is now a wholly-owned subsidiary of FBI, and ceased trading prior to the open of the market on Sept. 13. It will no longer be listed on NASDAQ.

Is Jamba and Starbucks the same company?

The ownership group, Caf Hawaii Partners, which operated the Starbucks stores through Coffee Partners Hawaii, also owns and operates Jamba Juice Hawaii and has plans to open P.F. Chang's China Bistro this summer.

How much does it cost to open a Jamba Juice franchise?

The total investment for a traditional Jamba Juice store ranges from $273,000 to $504,300, including a $35,000 franchise fee. There is also a 6% royalty fee and a 3% advertising fee due annually.

What's the difference between Jamba and Jamba Juice?

Jamba Moving Beyond the “Juice”

Juices will remain on the menu, but Jamba Juice is shortening its name to reflect its expanded menu that features smoothies, juices, bowls, boosts and fun size on-the-go bites.

Is Jamba Juice made with real fruit?

Juices and smoothies

Many of Jamba's smoothies and juices contain fruit juice blends, which are made from fruits like oranges, apples, pineapples, strawberries, and bananas. Although these fruits are healthy, fruit juices are a concentrated source of sugar and calories.

What is Jamba Juice famous for?

Jamba Juice is the biggest smoothie chain in the United States, topping its competition both in longevity and popularity. Founded in 1990, Jamba's mission is to “make eating better, easier, and more fun!” Their website lists just under 800 locations, with more each week.

Why is Jamba Juice so popular?

Those fruit smoothies, which are the core product of the franchise, are also another key selling point behind the franchises success. Unlike complex recipes at Starbucks, it's virtually impossible to mess up the delicious fruit blends that customers order everyday.

Is Jamba Juice owned by Focus Brands?

Focus Brands, Inc. (“FBI”) today announced the successful completion of its previously announced tender offer for all of the outstanding shares of common stock of Jamba, Inc. (“Jamba”).

Does Kat Cole Own Cinnabon?

Kat Cole, president and COO of Focus Brands, is leaving the parent company of Cinnabon, Jamba, Auntie Anne's and four more chains as new CEO Jim Holthouser gets ready "for this acquisition tear that we're going to go on," Cole told Franchise Times.

Why did Jamba Juice rebrand?

Jamba Juice has rebranded to Jamba with the tagline “Smoothies, Juices and Bowls.” The switch is intended to reflect the fact that the 30-year-old chain has branched into much more than just smoothies in recent years, according to a company press release.

What is the meaning of Jamba?

Verb. -jamba (infinitive kujamba) to fart.

What does it take to own a Jamba Juice?

For candidates applying for a single-unit agreement, you should have a credit score of 700+, liquid capital of $100,000 or more and a net worth of over $300,000. For candidates applying for multiple units, the requirements in terms of both professional backgrounds and skill sets are determined on a case-by-case basis.

How many franchises does Jamba Juice have?

With over 850 locations in 35 states and 6 countries, Jamba has become a pioneer and leader in the smoothies and juices category, and continues to innovate and grow with our guests. “We're very thankful and blessed to be in the system.