Dunkin Donuts, an operational arm of
Dunkin Brands Group, Inc.
), recently entered into a multi-store development agreement with
new franchisees Buzz and Brad Calkins for opening 12 new shops in
Denver, Colorado. One will debut in 2013 while the rest will come
As per the agreement, Buzz and Brad Calkins will manage and
control the company's daily operations. They possess the required
experience, already handling multi-unit, gas and convenience
operations in three states under the Bradley Petroleum banner.
Dunkin Donuts remains focused on its strategy to seize growth
opportunities and cater to consumer needs in individual markets.
The company continues to expand through development of single and
In order to be competitive and innovative, Dunkin Donuts offers
services through various types of real estate format concepts
including free-standing restaurants, end caps, in-line sites, gas
and convenience, travel plazas, universities and others. Also, the
company has franchisee opportunities available in other cities of
Colorado -- Colorado Springs, Fort Collins, Greeley and South
Recently, Dunkin Donuts has also signed a multi-store
development agreement with Star Restaurant Group, for opening nine
new shops in Birmingham, Alabama, of which one will open in 2013
and rest by 2017.
Dunkin Donuts is the market leader in the various coffee, donut,
bagel and muffin categories. As of now, Dunkin Donuts operates more
than 10,000 restaurants worldwide, including more than 7,000
restaurants in 36 states as well as the District of Columbia in the
U.S., and more than 3,000 international locations in 33
Canton, Massachusetts-based Dunkin Brands Group, together with
its subsidiaries, owns, operates and franchises quick service
restaurants worldwide. It operates under two brands: Dunkin Donuts
and Baskin-Robbins. As of December 31, 2011, Dunkin Brands' had
nearly 100 percent franchised business model, which includes more
than 16,700 Dunkin' Donuts and Baskin-Robbins restaurants.
Dunkin Brands Group, which competes with the likes of
Kona Grill Inc.
), retains a Zacks #3 Rank which translates into a short-term Hold
rating. We are maintaining our long-term Neutral recommendation on
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