July 14, 2011
Dunkin' Donuts has announced that it has signed agreements with two franchisees to develop 11 new restaurants throughout Arkansas over the next several years.
The agreements include:
"Little Rock is a priority growth market for Dunkin' Donuts in 2011, and we're excited to expand our footprint in Arkansas," said Grant Benson, CFE, vice president of franchising and market planning, Dunkin' Brands Inc.
Little Rock is now sold out for franchise sales, but opportunities are still available in Jonesboro and Northeast Arkansas.
Eastern Iowa Food Service Inc. signs 12-unit deal
Dunkin' Donuts also announced today the signing of a multi-unit store development agreement with Eastern Iowa Food Service Inc. for 12 restaurants in Cedar Rapids, Iowa. The first restaurant is slated to open in 2012 and the remainder by 2018.
Eastern Iowa Food Service Inc. is a subsidiary of Reif Oil Company, a fuel distributing company with retail stores in southeast Iowa. Reif Oil Company was founded in 1978 by Clifford Reif, president and CEO who is still active in the business. His daughter, Andrea Farley will be the Eastern Iowa Food Service Operations Head.