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Dunkin' Donuts to open 5 new locations in New Orleans

Dunkin' Donuts has signed a multi-unit agreement with existing franchise group Panama City Donuts LLC to develop five new restaurants in New Orleans.

February 4, 2016

Dunkin' Donuts has signed a multi-unit agreement with existing franchise group Panama City Donuts LLC to develop five new restaurants in New Orleans, Louisiana. The first restaurant under the agreement is planned to open in 2017, according to a company press release.

Led by Vik Patel, this team will manage and oversee the operations for each Dunkin' Donuts restaurant. In August 2015, he signed an agreement to develop two new restaurants in Baton Rouge. Patel, a franchisee with Dunkin' Donuts for 10 years, currently operates 31 restaurants in Florida, two in Alabama and three in Louisiana. With this agreement, the group also purchased two existing restaurants in New Orleans.

"We are excited to expand the brand's presence in New Orleans and play an important role in the daily lives of people who live, work and visit here," Patel said. "We have a passion and loyalty for the Dunkin' Donuts brand and look forward to opening our restaurants in the years to come."

Franchise opportunities remain available in Lafayette, Lake Charles and Monroe, Louisiana, as well as other states across the Southeas,t including Alabama, Arkansas, Mississippi and Tennessee. Development incentives are available, including reduced royalty fees for three years and up to $5,000 in local store marketing support for timely openings.

"Our enthusiastic and dedicated franchisees contribute to our brand's growth, which has helped solidify our position as one of the fastest growing brands by unit count in the quick-service restaurant industry," said Grant Benson, CFE, vice president of global franchising and business development, Dunkin' Brands. "We are thrilled that Vik and his team have chosen to expand in the Louisiana market, and know these new restaurants they are developing will satisfy a growing consumer demand in the New Orleans community."