No, Schlotzsky’s did not buy Cinnabon. Instead, Focus Brands, the parent company of Cinnabon, purchased Schlotzsky’s in 2004 for $30.3 million. This acquisition brought Schlotzsky’s under the same corporate umbrella as Cinnabon and other popular food brands.
Focus Brands is known for owning several well-loved food franchises. By acquiring Schlotzsky’s, they expanded their portfolio and strengthened their market position. Schlotzsky’s, famous for its sandwiches, joined a family of brands that includes Cinnabon, known for its delicious cinnamon rolls.
This strategic move allowed Focus Brands to leverage the strengths of both companies. Schlotzsky’s benefitted from the resources and expertise of Focus Brands. Meanwhile, Focus Brands could offer more variety to their customers. This acquisition was a win-win for both parties.
Today, Schlotzsky’s operates alongside Cinnabon under Focus Brands’ management. Both brands continue to thrive, offering their unique and beloved products to customers. The acquisition has proven to be a successful venture for Focus Brands.
So, while Schlotzsky’s did not buy Cinnabon, their union under Focus Brands has created a strong and diverse food brand family. This partnership continues to delight customers across various markets.