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The Coffee Bean & Tea Leaf
American coffee shop chain / From Wikipedia, the free encyclopedia
The Coffee Bean & Tea Leaf (sometimes shortened to simply "Coffee Bean" or "The Coffee Bean") is an American coffee chain founded in 1963. It is owned and operated by International Coffee & Tea, LLC, which has its corporate headquarters in Los Angeles, California.
Quick Facts Trade name, Company type ...
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The Coffee Bean & Tea Leaf in Saitama Prefecture, Japan | |
The Coffee Bean & Tea Leaf | |
Company type | Private |
Industry | Restaurants Retail coffee and tea |
Founded | Los Angeles (1963; 61 years ago (1963)) |
Founder | Herbert B. Hyman Mona Hyman |
Headquarters | , United States |
Number of locations | 1,000+ |
Area served |
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Key people |
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Products | Coffee, tea, food |
Revenue | ![]() (January 2013)[1] |
Number of employees | 12,000 (May 2013)[2] |
Parent | Jollibee Foods Corporation |
Website | www |
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As of 2017, the chain had over 1,000 self-owned and franchised stores in the United States and 31 in other countries.[3][4]
In 2019, Jollibee Foods Corporation, a multinational company based in the Philippines, bought The Coffee Bean & Tea Leaf for $650 million, making the largest transaction Jollibee has ever made as of date.[5][6]