CANTON, Mass., Oct. 21, 2015 /PRNewswire/ -- Dunkin'
Donuts, America's all-day, everyday stop for coffee and baked
goods, announced today the signing of multi-unit store development
agreements totaling 24 new restaurants over the next several years
with two franchise groups. The brand remains on track for the
development of 410 – 440 net new Dunkin' Donuts restaurants in the
U.S. in 2015.
The two franchise groups and their development plans
include:
- New local franchise group, Kod Kod Enterprises, LLC, led by
founders Teddy Nachmias and
Stephen Silberfarb, plans to develop
12 new restaurants in Minneapolis
in the northern suburbs and the St.
Cloud area. The duo's first restaurant is planned to open in
2017, and the remainder are planned to open by 2024.
- Existing franchise group, VANTive Group, LLC, led by Viral
Kheni, Neil Savani, Tushar Gopani and Anuj
Patel, plans to develop 12 new restaurants in Eastern Minneapolis and the surrounding areas.
This group currently owns and operates five Dunkin' Donuts
restaurants in Chicago, Ill. Their
first Dunkin' Donuts restaurant in Minneapolis is planned to open in 2017, and
the remainder are planned to open by 2024.
Franchise opportunities still remain available in the south of
Minneapolis, Mankato and Rochester, and to help fuel additional
growth in the market special development incentives are available
which include reduced royalty fees for three years and up to
$5,000 in local store marketing
support for timely openings.*
In an effort to keep the brand fresh and
competitive, Dunkin' Donuts offers flexible concepts for any
real estate format including free-standing restaurants, end caps,
in-line sites, gas and convenience, travel plazas, universities, as
well as other retail environments.
"Our continued expansion in The North Star State would not be
possible without our passionate franchisees who have dedicated
themselves to the brand and therefore helped position us as one of
the fastest growing brands in the quick-service restaurant
industry," said Grant Benson, CFE,
vice president of global franchise and business development,
Dunkin' Brands. "We are excited to enter new areas throughout
Minnesota, and know these new and
existing partners will strive to bring guests in the Minneapolis/St. Paul metro area the coffee and
donuts that have kept America running for over 65 years."
Dunkin' Donuts' new look includes four distinct restaurant
design options for franchisees, each featuring variations in
layout, color schemes, graphics, textures, furniture and/or
lighting. The designs enhance the current restaurant appearance,
environment and layout to serve people all day long. Unlike other
quick-service restaurants, Dunkin' Donuts allows franchisees to
select individual elements from any of the four options, creating a
restaurant design that reflects their personal tastes and
preferences, and best serves their specific restaurant size and
location.
Since the 1950s, Dunkin' Donuts has been a daily ritual for
millions of people and has offered guests delicious food, beverages
and friendly service at a great value. Dunkin' Donuts offerings
include hot coffee, iced coffee, flavored coffees, lattes,
macchiato, espresso, cappuccino, Dunkin' Donuts K-Cup® pods,
Coolatta® frozen drinks, donuts, muffins, bagels, breakfast and
bakery sandwiches, and a DDSMART® menu featuring better-for-you
items.
To learn more about Dunkin' Donuts,
visit www.DunkinDonuts.com or follow us on Facebook
(www.facebook.com/DunkinDonuts) and Twitter
(www.twitter.com/DunkinDonuts).
*Details available in the Dunkin' Donuts Franchise Disclosure
Document
About Dunkin' Donuts
Founded in 1950, Dunkin'
Donuts is America's favorite all-day, everyday stop for coffee and
baked goods. Dunkin' Donuts is a market leader in the hot
regular/decaf/flavored coffee, iced coffee, donut, bagel and muffin
categories. Dunkin' Donuts has earned the No. 1 ranking for
customer loyalty in the coffee category by Brand Keys for nine years running. The company
has more than 11,400 restaurants in 39 countries worldwide. Based
in Canton, Mass., Dunkin' Donuts
is part of the Dunkin' Brands Group, Inc. (Nasdaq: DNKN) family of
companies. For more information, visit
www.DunkinDonuts.com.
CONTACT:
Rachel Tabacnic
Fish Consulting
954-893-9150
rtabacnic@fish-consulting.com
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SOURCE Dunkin' Donuts