January 26, 2011
Dunkin' Donuts is on a roll. After turning in a productive 2010 filled with many expansion deals, the coffee/donut chain is showing no signs of slowing in 2011.
The chain announced the signing of a multi-unit store development agreement with existing franchisee Sam Patel for two new restaurants in the Chicago market.
The first is already up and running at the University of Illinois at Chicago, while the second will open later this year on the Windy City's South Side. Both restaurants will be co-branded with Baskin-Robbins.
Patel has been a Dunkin' Donuts franchisee since 2009, when he opened a unit in Dolton, Ill.
"I have deep roots in the local community and am excited to expand Dunkin' Donuts' presence and play an important role in the daily lives of people who live, work and visit here," said Patel. "As an existing franchisee, I have a strong passion and loyalty for the brand and look forward to the opening of my third restaurant in the months to come."
In addition to this development agreement, Dunkin' Donuts is seeking new and existing franchisees to develop restaurants throughout Chicago, specifically in Cook, Kane and DuPage counties.
The company's development throughout Chicago and the surrounding areas is part of a steady and strategic growth strategy, which includes expanding in existing markets while entering new cities across the country to help drive the leading coffee and bakery chain's growth.
Florida expansion
Working toward that strategy is another new development agreement recently signed, this time with four franchisees in Florida. The deal calls for 16 new restaurants in the Tampa, Orlando and Tallahassee markets throughout the next several years.
As specifically outlined in the deal, four units are to be developed in the north central Pinellas region of Tampa by the Adler Group. Led by Jim Adler, Ava Lawrence and Daniel Burns, the first restaurant is slated to open this year, and the remaining three are expected to be completed by 2013.
Sara and Fred Lin plan to open three restaurants in central-east Orlando throughout the next several years. The first is scheduled to open in 2012 and the remaining locations are scheduled to open by 2014.
Also, Larry Lemos plans to open one restaurant in southeast Orlando in 2012.
Eight restaurants will be developed in Tallahassee by existing franchisees Sunil Rajan and Mark Weber. Their first Tallahassee location opened in December and the remaining seven restaurants are scheduled to open by 2014.
"The Sunshine State is a priority growth market for Dunkin' Donuts in 2011 and we're excited to expand our footprint in three key markets," said Grant Benson, CFE, vice president of franchising and market planning, Dunkin' Brands Inc. "Our secret to success is our passionate franchisees who provide a high-level of customer service to our guests every day, and we're confident our franchisees will cultivate lasting relationships and become an integral part of their respective Florida communities."
Dunkin' Donuts continues to seek new and existing franchisees to develop restaurants throughout Tampa and Orlando.