Dunkin' Donuts announced the signing of a multi-unit store development agreement with Gilligan Oil Company LLC for the development of five restaurants in Cincinnati. The first location is anticipated to open in 2010 and the remainder by 2012.
Gilligan Oil Company LLC was founded in 1993 by Pat Gilligan. Gilligan Oil operates TCBY, Subway, and Popeyes franchises, Gills Car Washes, and is the regional franchise developer for the Exxon/Mobile "On the Run" convenience store franchise. In addition, Gilligan Oil is Southwest Ohio's largest distributor of Shell-branded gasoline and also operates Sunoco and Exxon gas stations.
"We are proud to expand our franchise portfolio to include Dunkin' Donuts and look forward to playing an important role in the daily lives of people who live and work in the Cincinnati community," says Pat Gilligan, president and CEO of Gilligan Oil Company LLC.
In addition to the Cincinnati development agreement, Dunkin' Donuts' is seeking new and existing Ohio franchisees to develop restaurants in Cincinnati, Dayton, Toledo, and Columbus. In order to drive its expansion efforts, Dunkin' Donuts has aligned its strategy to support the growth opportunities and consumer needs of individual markets. As a result, franchising opportunities range from large store development agreements to a minimum of one or two units. This evolution of Dunkin' Donuts' franchise development effort enables the brand to expand in markets more aggressively, while balancing its market penetration and maturity.
"Dunkin' Donuts is excited to expand its footprint in Cincinnati with Gilligan Oil Company," says Grant Benson, chief financial executive and vice president of franchise sales 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 Pat and his team will grow and prosper in Cincinnati."