CANTON, Mass., July 12, 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 existing franchisee Precision
Hospitality & Development to develop eight new restaurants in
Los Angeles, California. Their
first restaurant under the agreement is planned to open in 2018.
This agreement closes out the company's first wave of franchise
commitments since announcing the state would be open for franchise
sales in January 2013.
In 2014, Precision Hospitality & Development signed a store
development agreement to open 10 Dunkin' Donuts restaurants in
South Orange County and the surrounding cities. The group already
has two restaurant locations open in Laguna Hills and Irvine, with plans to open a multi-brand
restaurant with sister-brand Baskin-Robbins this fall in Foothill
Ranch.
"We are thrilled to continue expanding the brand's presence
across California and play an
important role in the daily lives of people who live, work and
visit here," said Joe Haupt of
Precision Hospitality & Development, Dunkin' Donuts franchisee.
"We have a passion and loyalty for the Dunkin' Donuts brand and
look forward to opening more restaurants in the years to come."
Over the past few years, Dunkin' Donuts has opened more than 30
restaurants and has signed more than 300 restaurants commitments
throughout California, reaching
one-third of its long-term franchise development goal for the
state. 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. "Since January 2013, we're proud to have executed
franchise development agreements for one-third of our long-term
goal of 1,000 restaurants in total throughout the state of
California. This milestone now
completes our first wave of franchise commitments in the Golden
State, and we look forward to working with Joe, his team, and our
other franchisees to open Dunkin' Donuts restaurants in
California over the next several
years."
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 11,800 restaurants in 44 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:
Sloane Fistel
Fish Consulting
954-893-9150
sfistel@fish-consulting.com
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SOURCE Dunkin' Donuts