First Watch, a Florida-based restaurant group that specializes in casual dining, has bought Bread & Company, a local bakery and cafe, with intent to keep the restaurant's two locations operating as Bread & Company stores.
Under the terms of the deal, First Watch will acquire Bread & Company's recipes, marks and intellectual property, in addition to its two stores (located in Green Hills and along West End Avenue). Financial terms were not disclosed.
According to a release, First Watch has entered into a new long-term lease for the West End restaurant, located at 2525 West End Ave., which will continue to operate as usual. The Green Hills Bread & Company, at 4105 Hillsboro Pike, closed at the end of November to allow for building renovations, which are expected to be complete by mid- to late-2105. Under a new long-term lease First Watch has for the space, it will re-open as Bread & Company when the renovation is complete.
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