TravelCenters of America isn’t talking yet, but the owner of Johnson’s Corner in Johnstown, Colo., says the sale of the legendary truck stop and restaurant to TA is a go. Owner Chauncey Taylor told Land Line the sale may happen as soon as Wednesday, Sept. 24.
Nationally recognized as one of the top truck stops in the U.S., Johnson’s Corner is best known for their cinnamon rolls, baked from scratch every morning.
“From what we understand, it’s still going to maintain the Johnson’s Corner brand and the Johnson’s Corner image,” Taylor told Land Line. “It will have the Petro banner. It’s obviously going to carry the Johnson’s Corner name.”
As Taylor pointed out, TA/Petro is involved with restaurants, but not so much bakeries. Taylor says the buyout will benefit both companies. He says TA/Petro can expand their food services to include the renowned cinnamon rolls, and Johnson’s Corner can expand their footprint.
“If you look at it in a business sense, what makes the most sense? Don’t change the name and leverage the assets,” Taylor pointed out Tuesday.
More importantly, Johnson’s Corner can continue to exist. Taylor noted that the modern business model is making it more difficult for mom-and-pop truck stops to survive. According to Taylor, some people are concerned about the buyout by a corporation, but he points out that sometimes it is necessary in order for customers to continue to enjoy the services.
“It’s obviously a way for this footprint to survive in this world of corporate truck stops,” Taylor said. “And now as a bigger player, they can take it much, much bigger and also provide assets to do things that we were not able to do alone.”
Johnson’s Corner was founded in 1950 by Joe S. Johnson off of the old US Highway 87, now I-25, according to their website. Open 24/7, 365 days a year, the truck stop and restaurant has been featured in Travel and Leisure, the Food Network and in the movie “Larger than Life” featuring Bill Murray and Matthew McConaughey.
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