Established in 1988, Cold Stone Creamery specializes in serving ice cream, cakes, smoothies and shakes to its customers. Located in Phoenix, Ariz., the firm operates more than 1,500 outlets in 16 countries. Its list of partners includes SIX FLAGS, PepsiCo Inc., Arizona Diamondbacks and American Express. Cold Stone Creamery is a subsidiary of Kahala Corp., one of the fastest growing franchising companies in the world, with a portfolio of 12 quick service restaurant brands. Kahala Corp. focuses on franchising, development and marketing of quick service restaurants.