Bruegger's Enterprises, Inc. is a restaurant operator and subsidiary of the Luxembourg-based company JAB Holding Company. It and its wholly owned subsidiary Threecaf Brands Canada, Inc., are franchisers and operators of Bruegger's bakery-cafés, and Michel's Baguette. Bruegger's Bagels produce approximately 70 million bagels each year, and they hold the Guinness World Record for producing the world's largest bagel. The company is known for being the largest bakery of authentic New York style, kettle-boiled bagels in the U.S. with each location baking their 14 flavors of bagels on-site, each morning in small batches. Bruegger's also specializes in made-in-Vermont cream cheese, served in over 11 flavors. Aside from bagels, Bruegger's has a regular menu for dine-in, takeout, or delivery including: egg sandwiches, lunch deli sandwiches, muffins, cookies, side choices, as well as coffee, espresso drinks, iced drinks, tea, and soda. Bruegger's operates approximately 190 restaurants in 16 U.S. states and the District of Columbia. Corporate history Bruegger's was founded in 1983 by Nordahl Brue and Mike Dressell, with the first store opening in Troy, New York. The business was bought by Quality Dining (a franchisee) in June 1996 for $142 million in stock, with the founders joining the Quality Dining board. The merge was not a comfortable one; within a short period Brue and Dressell became concerned with the ongoing operations and scope for growth, leading to a critical U.S. Securities and Exchange Commission (SEC) filing alleging a lack of strategic direction. Holding a combined 26% stake, Brue and Dressell called for reorganization of Quality Dining, resulting in Bruegger's being resold to Brue and Dressel in October 1997 for $45 million. Brue has since referred to the original sale as part of his "biggest mistake". In May 2003, James J. Greco and Sun Capital Partners acquired the company from the founders. Today, approximately 190 Bruegger's locations operate in 16 U.S. states and the District of Columbia. The company is headquartered in Burlington, Vermont. Bruegger's announced $200 million in revenue in 2008. On November 13, 2009, Bruegger's purchased the retail operations of Timothy's World Coffee, mmmuffins, and Michel's Baguette through a wholly owned subsidiary called ThreeCaf Brands Canada, Inc. Bruegger's intends to continue operations of all three brands. The three brands combined operated approximately 140 locations. On March 17, 2011, Groupe Le Duff of France announced the buyout of Bruegger's. Le Duff already has a U.S. presence with its La Madeleine brand, which