For years, Richard Pink mused about expanding his family’s iconic Pink’s Hot Dogs beyond its famed Hollywood location. But he was turned off by the daunting idea of building out the company, hiring more employees, and keeping tabs on franchisees. So he found another way.
Dippin’ Dots Franchising LLC, the franchising arm of the flash-frozen ice cream maker Dippin’ Dots, announced that it has acquired snack franchisor Doc Popcorn. Based in Boulder, Colorado, Doc Popcorn’s franchise footprint includes nearly 100 franchise partners in 30 states, Japan, Mexico, and Puerto Rico.
Dippin’ Dots, the maker of iconic ice cream and frozen treats, announced the signing of a joint master licensing agreement with Wellness Hanshin in Osaka, Japan, for the exclusive marketing and distribution of Dippin’ Dots products throughout Japan.
The joint announcement was made by Dippin’ Dots president Scott Fischer and Junji Moritani, president of Wellness Hanshin.
Wellness Hanshin is owned by Hanshin Electric Railway Co., a business segment of Hankyu Hanshin Holdings Group.
Dippin’ Dots, LLC, a newly-formed company based in Oklahoma City and funded by private capital, has finalized its acquisition of Dippin’ Dots, Inc, the Kentucky-based manufacturer of the popular flash-frozen ice cream.
The acquisition closed on Friday after the U.S. Bankruptcy Court in Louisville, Kentucky, approved the purchase earlier this month.