Dunkin’ Donuts announced the signing of multiunit store development agreements with four franchise groups to develop 29 new restaurants in Houston and Waco, Texas, over the next several years.
The four franchise groups and their development plans include:
· Daily Grind, LLC plans to develop eight restaurants in Southeast Houston. Led by Garry Sams and Carlos Dos Santos, their first restaurant is planned to open in 2013, and the remainder by 2018.
· MM Donuts LLC plans to develop 11 restaurants in Northeast Houston including The Woodlands. Led by Shyam Patel and Arvind Patel, their first restaurant is planned to open in 2013, and the remainder by 2019.
· Yes Partners LLC plans to develop five restaurants in West Houston. Led by Houston natives Cosmo, Steve and Jim Paris, the first restaurant is planned to open in 2013, and the remainder by 2017.
· Medallion Donuts LLC plans to develop five restaurants in Central Texas, including the Waco, College Station, Temple, and Killeen areas. Led by Bob Pilegge and Ted O'Neal of the Medallion Group, the first restaurant is planned to open in 2013, and the remainder by 2017.
Dunkin’ Donuts’ development throughout Texas is part of the company’s goal to double its number of U.S. restaurants over the next 20 years. Dunkin' Donuts recently announced a limited partnership agreement with the Jerry Jones Family and Troy Aikman. Under the agreement, the group plans to open at least 50 new Dunkin’ Donuts restaurants throughout the Dallas/Fort Worth region over the next five years. Additionally, 521 Interests LTD plans to develop 16 more restaurants in Houston by 2018 and nine restaurants are also planned for San Antonio with two other franchise groups. With these announcements, over 100 Dunkin’ Donuts restaurants are planned to open throughout the state over the next several years.
Although each of these markets is nearly sold out, opportunities throughout Texas remain in the eastern, southern, and western parts of the state. 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, the company continues to expand with single and multi-unit opportunities with no minimum unit requirements.
“We’ve had incredible momentum in Texas over the past few months and are excited to continue growing the brand in new and existing markets. Our secret to success is our passionate franchisees who provide a high-level of customer service to our guests every day,” says Grant Benson, CFE, vice president of development, Dunkin’ Brands Inc. “We believe these new franchisee partners will cultivate lasting customer relationships and become integral parts of their communities.”
Building a solid network of stores within a market enables Dunkin’ Donuts to invest in a distribution model that provides the consistent, high-quality products that guests expect. 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.
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