Diedrich Coffee Sells Gloria Jeans Domestic Franchise Operations

Automatic MerchandiserVol. 51 Nbr. 4, April 2009

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Summary


The sale of the Gloria Jean's Coffees domestic franchise operations to Praise International North America includes a total of 102 franchise and company- ope rated locations in 24 states. The purchase price is approximately $3.1 million and the transaction is anticipated to close within 60 days.

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Diedrich Coffee Sells Gloria Jeans Domestic Franchise Operations

As part of its strategy to capitalize on the g...

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