Kahala-Cold Stone purchases Blimpie franchising arm

SCOTTSDALE Ariz. Kahala-Cold Stone, the newly formed company created from the merger of multiconcept operator Kahala Corp. and ice cream chain Cold Stone Creamery, has acquired the assets of New York-based Blimpie Associates and Metropolitan Blimpie, a wholly independent franchisor and operator of the Blimpie concept.

Kahala, which already owns and operates the 1,300-unit Blimpie International, acquired the 295-unit New York company for an undisclosed sum.

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