Industry News Centre

Couple open third Auntie Anne’s franchise with RBS backing

Franchisees Robert and Margaret Granicz, who already own two Auntie Anne’s locations in the Midlands, this year opened a bakery in the Bullring Shopping Centre, Birmingham, after receiving financing assistance from Royal Bank of Scotland (RBS).

The Auntie Anne’s Bakery in the Bullring has brought 11 new jobs to the city. Robert Granicz started as an Auntie Anne’s franchisee last year alongside his wife Margaret, with their first store opening in Leicester’s High Cross Shopping Centre in April, and a second in Peterborough’s Queensgate Shopping Centre in August. Both stores were also funded by RBS through its specialist franchise team.

The Bullring store is the third for the franchisees and demonstrates the bank’s continued support of Robert’s plans to develop Auntie Anne’s across the Midlands. The duo now employ 32 staff and have plans to open further stores in the future.

Robert Granicz explains why they chose Auntie Anne’s: “We did consider a number of different franchise opportunities but felt that Auntie Anne’s was superior thanks to a wonderful product range which is supported by the strength of the global brand and a successful UK network. The company has served over 1 billion delicious warm soft Pretzels since inception and is rapidly expanding both in the UK and on the international front.

“We are delighted to have launched in a prestigious location in the Bullring alongside other premium retail brands. This is a significant addition to our presence in the Midlands and we are very keen to share our wonderful product with the citizens of Birmingham.”

Robert continues: “The support provided by RBS has also been very important. Equity capital accompanied by debt capital are vital to small businesses. In our case we sought assistance from RBS. This bank truly understands the needs of the small business owner. They have been very helpful and worked hard to understand our business plan and the nature of the franchise operation. They have a specialist franchise team which made the financing process much simpler for us.”

Langford Anderson, relationship manager at RBS, added: “Robert and Margaret have rapidly grown their Auntie Anne’s franchise business and impressed us with their enthusiasm and commitment to developing the current stores and their desire to expand further. They are a great example to anyone considering becoming a franchisee and presented us with a detailed and confidently presented business plan.”

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