Dunkin' Donuts, a subsidiary of Canton, Mass.-based Dunkin' Brands Group Inc., has slated 86 new restaurants for development in the Washington, D.C., market by 2020. As part of the deal, 15 development agreements were signed over the past year that will deliver 64 new restaurants, in addition to 22 restaurants that were previously contracted.
“Washington D.C. has been a priority growth market for Dunkin' Donuts and these 15 agreements have essentially sold out Dunkin' Donuts development opportunities in the Washington, D.C., area,” says Grant Benson, CFE, vp, franchising and market planning, Dunkin' Brands Inc. “These deals represent a 50 percent increase in rooftops from the 125 restaurants in the market right now.”
Hank Huth, an existing franchisee since 2008, signed the largest agreement for a total of 38 units, which includes the acquisition of 16 existing restaurants, as well as purchasing a central manufacturing location in Washington D.C.
Founded in 1950, Dunkin' Donuts operates 9700 restaurants in 31 countries worldwide.