DUNKIN’ DONUTS ANNOUNCES PLANS FOR TWO NEW RESTAURANTS IN PHOENIX, ARIZONA WITH FRANCHISE GROUP, FINELY GROUNDED INC.
CANTON, MA (Nov. 3, 2016) – 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 franchisees Ray and Zak Omar and Megan Karim to develop four new restaurants in Clarksville, Tennessee over the next several years. The first restaurant is planned to open in Clarksville in 2018 near Fort Campbell, one of the largest Army bases in the United States, which was also Ray’s home base during his tenure as a Special Operations Officer.
After spending seven years in the Army, Ray joined Dunkin’ Donuts in 2008 and currently owns and operates three restaurants in Maryland. In addition to today’s announcement, he has plans to open two more locations in the greater Washington, D.C. area. Under this new agreement, Ray will be accompanied by his brother, Zak, and sister-in-law, Megan, both of whom will lead the day-to-day operations in Clarksville.
"We are thrilled to continue to expand the brand's presence in Tennessee and play an important role in the daily lives of people who live, work and visit here," said Ray Omar, Dunkin’ Donuts franchisee. “We have passion and loyalty for the Dunkin' Donuts brand and look forward to opening our restaurants in the years to come."
Currently, there are over 80 Dunkin’ Donuts located throughout Tennessee, and the company is continuing to recruit franchisees in Memphis, Jackson and Smithville. To help fuel growth in Tennessee, 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 addition, Dunkin’ Donuts offers qualified military veterans who purchase a store development agreement for five or fewer stores a 20 percent discount on the initial franchise fee.
"Our enthusiastic and dedicated franchisees contribute to our brand’s growth, which has helped solidify our position as one of the fastest growing companies 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 Ray, Zak and Megan have chosen to expand their presence to the Tennessee market, and know these new restaurants will satisfy a growing consumer demand in the Clarksville community."
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 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.
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 12,000 restaurants in 45 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.
*Details available in the Dunkin’ Donuts Franchise Disclosure Document