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cold stone creamery

Cold Stone Creamery Expands Into Egypt and Africa

The year 2012 is shaping up to be an exciting one for Scottsdale-based Cold Stone Creamery’s international growth with a recent franchise agreement signed for development within Egypt. As Cold Stone Creamery gains a presence in its 19th country, it more momentously is entering Africa, the second largest continent in the world. Kahala, Cold Stone Creamery’s parent company, has signed a 10-year Master Franchise agreement with Squadra to bring the Ultimate Ice Cream Experience to Egypt with a goal of eight stores in the first four years alone.

Squadra is the collaboration of three organizations that together bring over 50 years of experience in the fields of trade and industry in different segments including automotive, leisure, fashion and garments in general trading and retailing. Together, these three companies formed Squadra to become Egypt’s premiere fashion leader in the food and beverage sector through creativity, quality, differentiation and innovation.

“Cold Stone Creamery has successfully managed to preserve the warm feeling of stepping into a traditional creamery with fresh and rich aromas, while also utilizing the advances of the millennium to continue growing into a cutting-edge brand that is recognized and embraced throughout the world,” said Hany Tanyous, CEO of Squadra. “It is the perfect fit for Egyptian consumers who value high quality products and appreciate the tradition behind it. We anticipate great success and rapid growth for Cold Stone Creamery in our local market.”

Squadra has a strong retail presence which will enhance its ability to secure premier locations throughout the market. The first store will open in June 2012, followed by the second store shortly after. A third location is also planned for the fourth quarter of 2012.

“We are pleased to continue to strengthen our international presence by entering an entirely new continent. Squadra is the perfect partner for this important milestone with their great reputation, incredible knowledge of the market and a very successful track record,” said Dan Beem, Cold Stone Creamery’s President of International. “We have great expectations for Cold Stone Creamery to flourish within Egypt, as well as future plans to continue expanding throughout the continent of Africa.”

Cold Stone Creamery’s explosive international growth began in November 2005 when the company opened its first international store in Tokyo, Japan. Today, Cold Stone Creamery stores are operating in more than 380 international locations in 19 countries including China, South Korea, Canada, Denmark and the United Arab Emirates.

For more information on Cold Stone Creamery, visit Cold Stone Creamery’s website at coldstonecreamery.com.

man eating ice cream

First Job: Dan Beem, President of Cold Stone Creamery and Kahala International

Dan Beem
President, Cold Stone Creamery/Kahala International

Describe your very first job and what lessons you learned from it.
My first job was as a bartender at TGI Fridays when I went away to college. It was such a great experience and taught me how to multitask and handle stressful situations calmly. It also helped me develop an intuition on reading people, which is still invaluable today.

Describe your first job in your industry and what you learned from it.
My first management job was running the Planet Hollywood restaurant in Las Vegas. The place was crazy, where a slow day was $28,000 in sales and a busy day was $125,000. It gave me a great foundation for time management, profit and loss, and public relations skills. The team we worked with there was one of the best.

What were your salaries at both of these jobs?

As a bartender I made $2.13 an hour plus tips, and as a manager for Planet Hollywood I made $32,000 per year.

Who is your biggest mentor and what role did they play?

My biggest mentor has been my father. He is an incredible human being who has the strongest work ethic out of anyone I have ever met. He is one of those people that is knowledgeable on so many different things and just loves to teach. I remember in junior high thinking how I did not want to be like him when I grew up, and then waking up one day in my early 20s striving to be more like him everyday. I am so blessed to have him in my life.

What advice would you give to a person just entering your industry?
My advice would be two-fold: First, as you get comfortable start meeting with people in other departments on a regular basis. This will allow you to be able to better understand the different disciplines involved in your business and enable you to talk knowledgeably on a number of different things, which will get noticed. Secondly, I would make sure you volunteer to take on any project you can. You will learn more from leading a project than any other way and will truly become the subject matter expert. This usually transitions to people coming to you for answers and opens up additional opportunities along the way.

If you weren’t doing this, what would you be doing instead?

If I wasn’t doing this now I think I would own a little beach bar in Mexico. Warm weather and beautiful sunsets always sound good.

www.coldstonecreamery.com
www.kahalacorp.com