Dunkin’ Donuts, which has more than 9,700 locations worldwide, reported strong expansion results for 2010. The chain opened 574 new locations throughout the world, with 206 of those restaurants opening in the U.S. The company also signed an additional 226 domestic development agreements.
“2010 has been an extraordinary year for growth, with a 50 percent increase in development agreements over 2009,” says Nigel Travis, CEO of Dunkin’ Brands and president of Dunkin’ Donuts. “We have an incredible community of franchisees who provide guests with a great experience daily, and who are also important contributors to our brand’s growth."
"As a matter of fact, in 2010 the majority of new store openings and a significant number of new development agreements came from existing franchisee networks, which we believe shows tremendous confidence in the brand,” Travis says.
In 2010, Dunkin’ Donuts signed multi-store development agreements in 29 U.S. markets including Milwaukee, Detroit, and Chicago, among others. Additionally, in 2010 over 450 Dunkin’ Donuts restaurants were remodeled to reflect the brand’s new design image.
Dunkin’ Donuts offers franchisees flexible design concepts including free-standing stores, end caps, in-line sites, kiosks, and gas stations, as well as other retail environments. Franchising opportunities range from single units to multi-store development agreements.
For those interested in franchising, Dunkin’ Donuts is seeking candidates that meet a specific franchisee profile to help build its brand and business. Ideally, franchisees should possess a minimum net worth of $500,000 and liquid assets of at least $250,000. Financial qualifications will vary by market and quick service restaurant experience is highly preferred.