Caffe Bene

Caffe Bene is a coffeehouse chain based in Seoul, South Korea. It was founded in May 2008 by Sun-Kwon Kim. Caffe Bene is the largest coffeehouse chain in South Korea by number of stores. As of April 24, 2012, Caffe Bene has 760 outlets in South Korea. Caffe Bene made its international debut in New York City in February 2012 and opened the second international store in Beijing one month later. Caffe Bene now has 3 outlets in China and has signed with 7 countries to open further stores. As of the end of 2013, Caffe Bene's debt ratio was 665 percent and its operating profit ratio was 2 percent. As of April 4, 2014, Caffe Bene is operating 945 stores in Korea, 86 in the United States, 283 in China, 1 store in Canada, 5 in Philippines, 5 in Indonesia, 21 in Saudi Arabia, 32 in Mongolia, 2 in Malaysia, and one each in Brunei, Cambodia, Singapore, Japan and Vietnam. The number of stores continues to grow. In November 2014, Caffe Bene announced plans to open its first drive-through coffeehouse in Little Falls, New Jersey. It opened in December 2014.