Spicy Pickle puts stock in Bread Garden chain

Spicy Pickle puts stock in Bread Garden chain

In 2007, Denver-based Spicy Pickle enjoyed a growth spurt that more than doubled its unit count from 16 to 36 locations. But when tightened credit markets reduced its growth goal by 60 percent this year, Marc Geman, chief executive at parent company Spicy Pickle Franchising Inc., didn’t want to idle expansion. He decided to acquire another concept that complemented the business model of the fast-casual, sandwich-centered chain using the equity in Spicy Pickle’s over-the-counter stock.

Register to view the full article

Register to view this article

TAGS: Finance
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish