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Jamba Juice

Jamba, Inc.
Public
Traded as NASDAQJMBA
Founded San Luis Obispo, California, U.S. (1990)
Headquarters Frisco, Texas, U.S.
Number of locations
849 (in 7 countries)
Key people
Richard Federico
(Chairman)
David Pace
(CEO)
Revenue Increase US$229.24 million ('13)
Increase US$2.08 million ('13)
Total assets Increase US$97.91 million ('13)
Website www.jambajuice.com
Jamba Juice Innovation Bar
Jamba Juice Innovation Bar.jpg
The Innovation Bar on May 11, 2016
General information
Location Old Pasadena, Pasadena, California, USA
Address 60 E Colorado Blvd, Pasadena, CA 91105
Coordinates 34°8′44.232″N 118°8′56.8248″W / 34.14562000°N 118.149118000°W / 34.14562000; -118.149118000
Construction started September 2015
Opened July 14, 2016 (2016-07-14)
Closed January 2017
Owner Jamba, Inc.
Design and construction
Architect Barbara Bestor
Architecture firm Bestor Architecture
Website
Innovation Bar

Jamba Juice Company is a restaurant retailer headquartered in Frisco, Texas, with over 800 locations operating in 26 U.S. states, as well as the Bahamas, Canada, the Philippines, Mexico, Taiwan, and South Korea. There are approximately 287 company-owned locations and 517 franchise-operated stores in the United States, in addition to the 45 international stores.

Before the creation of the company, Jamba Juice was a "senior project" completed by Kirk Perron, an avid cyclist and healthy-lifestyle advocate, at California Polytechnic State University (Cal Poly). Jamba Juice was conceived and founded on March 31, 1990 by Perron, who opened his first store in San Luis Obispo, California. He was joined in the business by three friends: Kevin Peters, Joe Vergara, and Linda Ozawa Olds. It was incorporated in 1990 as Juice Club, Inc. in San Luis Obispo.

Jamba Juice acquired all nationwide Zuka Juice, Inc. stores in October 2000. Zuka Juice was founded in Orem, Utah, by Dave Duffin and also was a prominent smoothie company at the time. Since then, Jamba Juice has expanded to become a well known smoothie chain. The first location in New York was at Columbus Circle and 59th Street in the basement of the Time Warner Center and is part of the Whole Foods Market seating area. Other locations include one south of Union Square, Times Square, Tribeca, and one in the Port Authority Bus Terminal.

On August 14, 2003, Jamba Juice agreed to be acquired by Services Acquisition Corp. International for $265 million. A special purpose acquisition company, Services Acquisition is headed by Steven Berrard, former CEO of Blockbuster Inc. Upon the closing of the transaction, the publicly traded Services Acquisition changed its name to Jamba, Inc.


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