Industry News | November 10, 2017

Operator Lands Historic Sale of Dunkin’ Donuts Locations

 

One of the largest and oldest Dunkin’ Donuts operators in the Chicago market sold its 67 stores to a collection of other operators.

 

The sale marks the largest single transfer of Dunkin’ Donuts locations in the company’s 67–year history. The recently completed deal involved seven separate buyer groups, and terms of the deal cannot be disclosed.

 

The seller was represented by Marks & Klein, LLP, led by Andrew P. Bleiman, Esq. of its Chicago office. On the buyers’ side, David Paris and Michael Ackerman of Paris Ackerman, LLP, were tapped to represent the acquisition groups.

 

“We had an extraordinary group of people working together to make this deal happen; because everyone did their part, the sale, although complicated, was a win-win for the selling and buying parties, as well as Dunkin’,” Bleiman says.

 

“This is a historic deal, and one that we are extremely proud to have worked on with an incredibly talented and committed team of dealmakers on all sides. The entirety of this deal took a lot of focus and discipline to follow the process, with everyone working efficiently and negotiating to all our satisfaction,” Paris says.

 

JCM Franchise Development, LLC, a subsidiary of Joyal Capital Management, LLC, served as the investment advisor to the seller and helped facilitate the sale. The company has been a strategic advisor to Dunkin Donuts franchisees since 1990. Built on a commitment to earning and growing long-lasting relationships, JCM Franchise Development, aimed to simplify the acquisition process, while maintaining a high quality transaction.

 

“Dunkin’ Donuts holds its buyers to a high standard. It’s with that commitment in mind that we carefully paired up the seller with talented, experienced buyers that can carry on the brand’s tradition throughout Chicagoland,” says Daniel Connelly, managing director of JCM Franchise Development, LLC, and lead consultant for the deals.

 

From start to finish, the sale of the 67 Chicago locations took less than a year to complete.

 
News and information presented in this release has not been corroborated by QSR, Food News Media, or Journalistic, Inc.