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| Company type | Subsidiary |
|---|---|
| Industry | Restaurant |
| Genre | Bakeries |
| Founded | 1948; 77 years ago (1948) |
| Founder | John and Audrey McIntosh |
| Headquarters | |
| Products | Food |
| Parent | Shari's Management Corporation |
| Website | www |
Coco's Bakery is asubsidiary chain ofShari's Cafe & Pies andcasual diningrestaurants operating in thewestern United States. As of October 2024, the company operates 5 locations inCalifornia. It began as The Snack Shop in 1948 inCorona del Mar, California, and had switched owners multiple times. Two of them are franchised (Upland, and Rancho Cucamonga)
In 1948,The Snack Shop along thePacific Coast Highway inCorona del Mar, California, was purchased by John and Audrey McIntosh.[1] John and Audrey decided to purchase the restaurant after he had worked there for two weeks. In partnership with his brother-in-law Bill McIntyre,[2] they grew the Snack Shop concept to many more units and then in 1960 expanded the business into Reuben's in Newport Beach. Then in 1965 they expanded the Snack Shop concept to Coco's and the Reuben E. Lee, ultimately converting all Snack Shops to Coco's. As the name implies, thebakery-restaurants featurepies. After the conversion of the Snack Shops to Coco's locations, as well the newly expanded Reuben's steakhouse franchise that were co-located on Coco's properties, the entire operation was sold toW. R. Grace and Company, a New York chemical conglomerate, as part of its Restaurant Services Division. During this period of Grace ownership, Grace also added local Mexican restaurant chain El Torito, Carrows and many others.
After years of poor performance, W. R. Grace spun off 145 restaurant locations in a leveraged buyout to Restaurant Enterprises Group, a company composed of Grace managers.[3][4]
On May 24, 1996, Coco's and Carrows were later sold toFlagstar, the parent company of Denny's.[5] On July 12, 1997, Flagstar filed forChapter 11 bankruptcy.[6]
On February 15, 2001, Coco's and Carrows new owners, FRD Acquisition Co., filed for Chapter 11 bankruptcy.[7]
In 2002, Coco's, along with its sister chainCarrows, was purchased by Catalina Restaurant Group, headquartered inCarlsbad, California. In 2006, Catalina Restaurant Group was bought by Japanese companyZensho Co., Ltd., which has operated Coco's Japan for many years.[8]
In 2015San Antonio, Texas-based Food Management Partners acquiredCarlsbad, California-based Catalina Restaurant Group Inc., parent of the Coco's and Carrows concepts, fromZensho Co., Ltd.[9] See alsoココスジャパン [ja] (Coco's Japan Co., Ltd).
In September 2018, it was announced thatShari's Cafe & Pies had taken over Carrows and Coco's.[10][11]
InCalifornia, Coco's Bakery Restaurant compete with other local casual restaurants with an in-store bakery (or a sales counter), such asHof's Hut, Polly's Pies andMarie Callender's restaurants.