DUNKIN’ DONUTS ANNOUNCES PLANS FOR 13 NEW RESTAURANTS IN THE CAROLINAS
CANTON, MA (Oct. 28, 2015) – Dunkin’ Donuts, America’s all-day, everyday stop for coffee and baked goods, announced today the signing of multi-unit store development agreements with three franchise groups to develop 13 new restaurants in North and South Carolina over the next several years. The brand remains on track for the development of 410 – 440 net new Dunkin’ Donuts restaurants in the U.S. in 2015.
The three franchise groups and their development plans include:
- Existing franchise group Kings Point Ventures, LLC, led by Alex Smigelski, Tom Carpenter and Tom Hughes, plans to develop eight new restaurants in Raleigh, N.C. They have also purchased an existing multi-brand unit with sister brand Baskin-Robbins in Cary, N.C. This team currently owns and operates one Dunkin’ Donuts location in Raleigh and nearly 40 other restaurants throughout New York, Pennsylvania and Connecticut. Their first restaurant under this development agreement is planned to open by year-end, and the remainder are planned to open by 2018.
- Existing franchisees Donna and Vince Machi plan to develop one Dunkin’ Donuts restaurant in Charlotte, N.C that will open in 2016. They currently own and operate four Dunkin’ Donuts restaurants in New Jersey, and previously signed an agreement to develop three restaurants in West Charlotte. One of the restaurants is currently open, and an additional location will open before year-end.
- Existing franchise group Coastal Franchising, led by George Ross, plans to develop four new Dunkin’ Donuts restaurants in Charleston, S.C. This group currently owns 37 restaurants, with a number of new locations expected to open in Raleigh, Charlotte and Wilmington.
“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 that these existing franchisees haven chosen to expand in the Carolinas, and know these new restaurants will satisfy a growing consumer demand in the local communities they serve."
Currently, there are over 370 Dunkin’ Donuts restaurants located throughout the Carolinas, and the company is continuing to recruit franchisees in Greensboro and Wilmington, N.C. To help fuel growth in North Carolina, 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.
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.
*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.