It will establish cafes across the archipelago from Q3 2024.
The Coffee Bean & Tea Leaf is making its mark in the Maldives as part of its ongoing international expansion efforts.
Under a master franchise agreement with Waterscape Investments Pvt. Ltd., a key player in Maldivian hospitality, The Coffee Bean & Tea Leaf is set to open cafes across the archipelago from the third quarter of 2024
The move aims to introduce the brand’s signature beverages to both locals and tourists, offering them a unique coffee and tea experience.
“This expansion represents a step forward in our growth strategy, allowing us to share our passion for coffee and tea with even more people around the world, and we look forward to establishing ourselves as a beloved brand in the Maldives,” said Yousif Abdulghani, chief development officer of The Coffee Bean & Tea Leaf.
“We are confident that the brand’s rich heritage and exciting coffee and tea offerings, combined with our deep-rooted expertise in the Maldivian hospitality, will create a winning partnership for success,” added Hussain Hilmy, CEO of Waterscape Investments.
The Coffee Bean & Tea Leaf said it is also actively seeking franchise opportunities worldwide, aiming to grow its presence across various regions.
Source: Microsoft Start
