Cold Stone Creamery signs new Master Franchise agreement
USA-based ice cream retail franchise Cold Stone Creamery has announced it has signed a Master Franchise agreement for Thailand. Kahala, the parent company of Cold Stone Creamery, has signed a Master Franchise agreement with Central Restaurants Group Co. Ltd (CRG), which will see the opening 10 new stores across Thailand by 2014.
Kahala's President of International, Dan Beem, said: "CRG has 30 years of (quick-serve) experience in Thailand. The company's successful record of securing premier locations, driving traffic, and their operations know-how makes the organisation the ideal partner for Cold Stone Creamery's latest international expansion."