Los Angeles — The Coffee Bean & Tea Leaf®, one of the world's leading roaster and retailers of specialty coffee and tea, is returning to New York City through its new franchisee, Hudson River Coffee & Tea, which will open 100 franchise locations across New York City, beginning with Manhattan later this year.
"The Coffee Bean & Tea Leaf® has never wavered from delivering quality and innovative coffees and teas from around the world," says Pinchas Shapiro, CEO of Hudson River Coffee & Tea. "We're thrilled that Hudson River Coffee & Tea has the opportunity to bring this iconic brand to the New York market."
To date, the Los Angeles-based chain has 311 stores in the United States and more than 1,200 locations across 30 countries worldwide. New York marks the 14th state to welcome The Coffee Bean & Tea Leaf®. The company plans to expand to 1,000 U.S. units within the next 5 to 10 years.
"New York has always been an important market for us," says JJ Smith, vice president, franchise operations & business development, The Coffee Bean & Tea Leaf®.
"The return to New York is not only an indicator of our core strength, but also a strong indicator of our customers' deep-rooted brand loyalty that exists across the globe,” adds John Fuller, chief executive officer of The Coffee Bean & Tea Leaf®.
For more information, visit www.coffeebean.com.
SOURCE: The Coffee Bean & Tea Leaf