CANTON, Mass., April 7, 2016 /PRNewswire/ -- Dunkin'
Donuts, America's all-day, everyday stop for coffee and baked
goods, announced today the signing of a multi-unit store
development agreement with new franchise group, Hyde Park Ventures,
to develop 10 new restaurants in Tulsa,
Oklahoma and four new restaurants in Northwest
Arkansas. The group has also acquired four existing Dunkin'
Donuts restaurants located in Ft. Smith, Springdale, Fayetteville and Bentonville, Arkansas.
Led by Greg Vasey and
Jody Goehring, the partners of Hyde
Park Ventures have extensive retail, financial and operational
experience, and currently operate QSR (quick-service restaurant)
franchises in Massachusetts and
Vermont. The team's first new
Dunkin' Donuts' restaurants under this agreement in both
Oklahoma and Arkansas are planned to open in 2017.
"We are thrilled to expand the brand's presence in Oklahoma and Arkansas and play an important role in the
daily lives of people who live, work and visit these states," said
Greg Vasey, Managing Partner at Hyde
Park Ventures. "We have a passion and loyalty for the Dunkin'
Donuts brand and look forward to opening our restaurants in the
years to come."
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 enthusiastic and dedicated franchisees contribute to our
brand's growth, which has helped solidify our position as one of
the fastest growing brands by unit count in the quick-service
restaurant industry," said Grant
Benson, CFE, vice president of global franchising and
business development, Dunkin' Brands. "We are thrilled Greg and
Jody have joined the Arkansas and
Oklahoma markets, and know these
new Dunkin' Donuts restaurants they are developing will satisfy a
growing consumer demand in the communities they'll serve."
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).
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 10 years running. The company has
more than 11,700 restaurants in 43 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.
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CONTACT:
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Rachel
Tabacnic
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Fish
Consulting
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954-893-9150
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rtabacnic@fish-consulting.com
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SOURCE Dunkin' Donuts