Dunkin' Donuts announced the signing of two multi-unit store development agreements in Atlanta, totaling 15 new restaurants. Yellow Mountain LLC purchased 11 units and Ioan Donuts LLC purchased four. The first restaurant is anticipated to open in 2011, three are slated for 2012, and the remainder by 2017. Dunkin' Donuts development in Metro Atlanta is part of a steady and strategic growth strategy, which includes expanding in existing markets while entering new cities across the country to help drive the leading coffee and bakery chain's growth.
Steve Silva and Derek Weilbaecher are founders of Yellow Mountain LLC. They have been involved in the quick-service restaurant business for over six years and together own and operate eight Zaxby's restaurants, two in Douglas County, Georgia, and six in Jefferson County, Alabama.
James Laskaris, president of Ioan Donuts LLC, and Stephen Attard, director of operations of Ioan Donuts LLC, have been Dunkin' Donuts franchisees since 2000 and have 16 open locations in Atlanta.
"Dunkin' Donuts is excited to expand its footprint in Metro Atlanta with Yellow Mountain LLC and Ioan Donuts LLC," says Grant Benson, vice president of franchising and market planning for Dunkin' Brands Inc. "Our secret to success is our passionate franchisees that provide a high-level of customer service to our customers everyday, and we're confident both groups will grow and prosper in the community.”