FranchiseWorks.com | Doughnut Franchise
Dunkin’ Brands Announces New Franchise
Owner In Chicago, IL. Chicago Cafe, Inc. to Open Four Dunkin’ Donuts franchises
and Two Baskin-Robbins Franchise Locations
Canton, MA (July 16, 2010) – Dunkin’ Brands, Inc., the parent company of Dunkin’ Donuts and Baskin-Robbins -- two of the world's most recognized and loved brands – announced today it has signed agreements with Chicago Cafe, Inc. to develop four Dunkin’ Donuts restaurant franchises
and two Baskin-Robbins restaurant franchises
in the River North Area of Chicago over the next several years.
Led by existing franchisee Nitin Patel, and former franchisee and former Dunkin’ Brands employee Luke Halloran, two Dunkin’ Donuts are expected to open next year in Chicago’s River North areas and the remaining units will open by 2014. The first Baskin-Robbins shop will open before 2013 and the second by 2014.
“We have deep roots in the local community and are excited to expand Dunkin’ Brands presence in Chicago and play an important role in the daily lives of people who live, work and visit here,” said Patel, president, Chicago Cafe, Inc. “We have a strong passion and loyalty for the brand and look forward to the opening of our Dunkin’ Donuts and Baskin-Robbins restaurants in the years to come.”
In addition to the development agreement mentioned above, Dunkin’ Donuts is still seeking franchise owners
to develop restaurants in Chicago, specifically in Cook, Kane and DuPage Counties. Franchise opportunities
also exist throughout Milwaukee, Atlanta, Washington, DC, and Detroit.
“Dunkin’ Donuts and Baskin-Robbins are excited about growing with Nitin Patel and Luke Halloran in the Chicago market,” said Grant Benson, CFE, vice president of franchising
and market planning, Dunkin’ Brands, Inc. “We are still looking to expand our presence here and are looking for qualified franchisees with foodservice, operations and real estate experience plus a passion for customer service to join our team to help expand both brands’ footprint in Chicago and the surrounding areas.”
Dunkin’ Brands has aligned its development strategy to support the growth opportunities and consumer needs of each individual market. As a result, franchising opportunities
range from single units to multi-store franchise
development agreements. This evolution of Dunkin’ Donuts and Baskin-Robbins franchise development
efforts enables each brand to expand, while balancing its market penetration and maturity.
In an effort to keep the brands fresh and competitive, Dunkin’ Donuts and Baskin-Robbins offer flexible concepts for any real estate format including free-standing stores, end caps, in-line sites, kiosks, gas and convenience, travel plazas, universities, as well as other retail environments.
For those interested in franchising, Dunkin’ Donuts and Baskin-Robbins are seeking candidates that meet each brand’s specific franchisee profile to help build its business. Ideally, Dunkin’ Donuts franchise candidates
should possess a minimum net worth of $500,000 and liquid assets of at least $250,000. Dunkin’ Donuts candidates should also have restaurant and/or foodservice operations’ experience. To join Baskin-Robbins, qualified candidates are required to have a minimum net worth of $250,000 and $125,000 of liquidity.
About Dunkin' Brands, Inc.
With more than 15,000 points of distribution in 44 countries worldwide, Dunkin' Brands, Inc. is renowned for its leadership in the quick quality category. At the end of 2008, there were 8,835 Dunkin' Donuts franchise restaurants and 6,013 Baskin-Robbins franchise restaurants and the company had system-wide sales of approximately $6.9 billion. Dunkin' Brands, Inc. is headquartered in Canton, Massachusetts.
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