There were quite a lot of tears shed when Crumbs announced its bankruptcy and plans to close all shops early last month. But the beloved softball-sized-cupcakes bakery was saved by CNBC star Marcus Lemonis, along with Fischer Enterprises, who just won an uncontested $6.5 million bid to buy Crumbs. The bakery is expected to exit bankruptcy on August 26, according to the New York Post.
It’s unclear when the Crumbs bakery locations will be opening their doors again, but one thing’s for sure: once those doors do open, Crumbs will look a whole lot different than we are used to. Lemonis has hinted, during the lead-up to the final buyout, that Crumbs was “meant to be a bake shop — not a cupcake shop.” Lemonis will be expanding Crumbs’ product line with products and companies he already owns like, Key West Key Lime Pie, Matt’s Cookies, Mr. Green Tea, Dippin’ Dots, and Sweet Pete’s.
We have reached out to Crumbs Bake Shop for a statement, but have not yet heard back.
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Joanna Fantozzi is an Associate Editor with The Daily Meal. Follow her on Twitter@JoannaFantozzi