Jamba Juice to refranchise 100 units for $36M

Jamba Juice to refranchise 100 units for $36M

Buyer Vitaligent LLC to acquire locations in some California markets

Jamba Inc. has signed an agreement to sell 100 company-owned units in California to an existing franchisee for $36 million, the company said Wednesday.

The buyer, Vitaligent LLC, is a St. Louis-based franchise group led by David Peacock, former president of InBev subsidiary Anheuser-Busch. After the deal closes, Vitaligent will own 105 Jamba Juice locations, including the 100 units in the San Francisco, San Diego and Sacramento markets under the agreement.

“We are exci

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