Coffee Bean and Tea Leaf LLC is currently considering transferring the Israeli franchise to another party.
The Coffee Bean and Tea Leaf branch at Dizengoff Center in Tel Aviv closed two days ago after a long struggle. The branch's water had been cut off earlier, and it was operating with water containers.
The Dizengoff Center branch is the latest Coffee Bean and Tea Leaf to close down, following the branches on Ibn Gvirol Street and the Azrieli Center in Tel Aviv, in Kfar Saba, and the Moshe Aviv Tower in Ramat Gan.
Coffee Bean and Tea Leaf LLC is currently considering transferring the Israeli franchise to another party.
Published by Globes [online], Israel business news - www.globes-online.com - on August 26, 2010
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