Industry News | January 29, 2009

Dunkin' Donuts to Open More Than 20 Minneapolis Restaurants

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Dunkin' Donuts announced today the signing of a multi-unit store development agreement with Peter Turner, as principle, together with several partners for the development of more than 20 new restaurants in suburban Minneapolis.

Prior to retiring from the military in 2007, Turner began to explore his options and found the International Franchise Association's Veterans Transition Franchise (VetFran) Initiative. Through this program, Turner investigated several franchising opportunities, ultimately deciding upon Dunkin' Donuts. In addition to the 20-plus units slated to open in Minneapolis, Turner, a Minneapolis native, has committed to open an additional 12 Dunkin' Donuts restaurants in Raleigh/Durham, NC.

Dunkin' Donuts continues to seek new franchisees to commit to develop a minimum of 20 restaurants in the Twin Cities. Currently, there are four development areas still available in the Twin Cities. Dunkin' Donuts development of Minneapolis is part of a steady and strategic growth strategy that includes expanding in existing markets while entering new cities across the country to help direct the company's future growth.

Dunkin' Donuts is excited to welcome Peter Turner and his partners as the first Dunkin' Donuts' franchisee to the Minneapolis market," says Lynette McKee, CFE, vice president of franchising, Dunkin' Brands, Inc: "As an existing Dunkin' Donuts franchisee, Peter brings a wealth of knowledge to Minneapolis, and we think he'll be able to hit the ground running. We look forward to his presence in the market."