CANTON, Mass. — Dunkin' Donuts has announced the signing of a multiunit store development agreement with Bluemont Group LLC to develop in Chattanooga, Tenn. The franchisee's short-term plans call for one unit to open in early 2010 and three more to open in the next several years. The intent ultimately is to develop 21 franchise units throughout the Chattanooga DMA.
Most recently, Dave Baumgartner of Bluemont Group spent 11 years as senior vice president of Anderson Media, a privately held, multi-billion dollar supply chain corporation that purchases, markets, distributes and provides in-store merchandising services for media products including books, magazines, pre-recorded music and video to retail stores nationally.
In addition to the four restaurants purchased by Bluemont Group, Dunkin' Donuts is still seeking qualified franchisees interested in purchasing units in Knoxville, Memphis, TriCities, Jackson and Nashville. Dunkin' Donuts' development of the Chattanooga DMA is part of a steady and strategic growth strategy, which includes expanding in existing markets while entering new cities across the country to help direct the company's future growth.
