Business News
Dunkin’ Donuts Announces New Franchisee in Mississippi
2008-07-25 08:00:00
Dunkin’ Donuts Announces New Franchisee in Mississippi
Capital Franchise Group to Open 34 New Restaurants Over the Next Several
Years
CANTON, Mass., July 25 /EMWNews/ -- Dunkin' Donuts, the world's
largest coffee and bakery quick-service restaurant chain, announced today
the signing of a multi-unit store development agreement with Capital
Franchise Group, Inc. for the development of 34 restaurants in Jackson,
Tupelo, Greenwood and the Southwestern portion of the state. Site selection
for potential locations has already begun.
Fred Carl, Jr. of Greenwood is Chairman of Capital Franchise Group,
Inc. Carl is the founder, Chairman and CEO of Viking Range Corporation in
Greenwood. Joe Sherman of Jackson is the CEO of Capital Franchise Group and
Tony Antoon, also of Jackson, is COO and CFO. Sherman and Antoon have
similar positions with Viking Culinary Group, LLC, a subsidiary of Viking
Range Corporation.
In addition to the 34-unit agreement mentioned above, Dunkin' Donuts'
is still seeking new and existing franchisees to purchase a minimum of five
restaurants in the surrounding area of Memphis and West Tennessee. Dunkin'
Donuts development of the state of Mississippi is part of an aggressive
national growth strategy, which includes expanding in existing markets
while entering new cities across the country to help direct the company's
future growth.
"With the state of Mississippi recently opened for franchise sales, we
are excited to welcome Capital Franchise Group to the market," says Lynette
McKee, CFE, vice president of franchising, Dunkin' Brands, Inc. "Additional
Dunkin' Donuts' franchising sales' opportunities also exist in Dayton,
Grand Rapids, Detroit and other select markets."
Building a network of restaurants also enables Dunkin' Donuts to invest
in a distribution model that ensures consistent, high-quality products that
customers expect when visiting a Dunkin' Donuts location. In an effort to
keep the brand fresh and competitive, Dunkin' Donuts offers franchisees a
variety of designs and venues, including free-standing stores, sites within
shopping centers and convenience stores, as well as other retail
environments.
"We are proud to bring Dunkin' Donuts' to the state of Mississippi"
said Joe Sherman. "I'm excited about this great product now being available
here in Mississippi."
According to McKee, "Dunkin' Donuts will satisfy a growing demand in
the state of Mississippi for high quality coffee and baked goods that are
available all day. Dunkin' Donuts is proud to energize Americans and keep
the honest, hard-working, value-driven people of this country running every
day -- whether it's in a boardroom, a schoolroom or a construction site. We
look forward to being a vibrant part of the community and playing an
important role in the daily lives of the people who live and work in the
state of Mississippi."
Dunkin' Donuts recently launched its new, all-day Oven-Toasted menu.
The new platform marks the most significant change to Dunkin' Donuts
product lineup since the company launched espresso-based beverages in 2003.
The menu items are now available nationwide in participating restaurants.
About Dunkin' Donuts
Founded in 1950, Dunkin' Donuts is America's favorite everyday, all-day
stop for coffee and baked goods. Dunkin' Donuts is the #1 retailer of hot
and iced regular coffee-by-the-cup in America, and the largest coffee and
baked goods chain in the world. Dunkin' Donuts has earned the #1 ranking
for customer loyalty in the coffee category by Brand Keys for two years
running. The company has more than 7,900 restaurants in 30 countries
worldwide. In 2007, Dunkin' Donuts' global system-wide sales were $5.3
billion. Based in Canton, Massachusetts, Dunkin' Donuts is a subsidiary of
Dunkin' Brands, Inc. For more information, visit http://www.Dunkinfranchising.com
or call 877-9-DUNKIN.
CONTACT: Jenna Kantrowitz
Fish Consulting
646-454-9708
[email protected]
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