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Dunkin Donuts – The Leading American Coffeehouse Brand
Dunkin Donuts is an American coffeehouse and donut chain headquartered in Canton, Massachusetts founded by William Rosenberg in the year 1950. Since its establishment, it has emerged as one of the leading baked goods and coffee chains in the world with over 12000 restaurants in over 36 nations. The product line includes bakery products like Muffins, Donuts, Coffee, Bagels, Sandwiches, and wide range of Iced and Hot Beverages.
By 2020, Dunkin’ Donuts is all set to expand its American chains to 15000. The brand has announced plans to launch 100 new stores in Taiwan by next decade. In 2013, Dunkin Donuts was expected to venture the Australian market again. Since 1980s, it had stores in Australia but all of them were closed by 2000s. It planned to open 10 new stores in India by March 2013 and expected to open around 80 to 100 stores across the country by the year 2017.
At present, Dunkin Donuts has opened stored in around 32 nations and serving over 70 varieties of doughnuts, as well as cold and hot coffee, bagels, sandwiches and various baked items. Dunkin’ Brands, the parent company of Dunkin’ Donuts, also franchises Baskin-Robbins. According to the reports of NASDAQ, the adjusted operating income was raised up by $13.6 million for second quarter in June 2016, due to the increase in revenues and royalty income, despite the decrease in net margin on ice cream and several products in international markets.
For the second quarter, diluted adjusted earnings and diluted earnings for each share raised up by 22.7% to $0.54 as well as 14$ to $0.57 respectively, as compared to last year period due to the increase in adjusted net income and net income, along with fall in outstanding shares. The US comparable store sales growth was driven in second quarter due to increased ticket offset by reduced traffic. The growth was usually driven by high beverage sales, including iced and jot espresso and iced coffee drinks, and sandwiches by Bacon Supreme and GranDDe Burrito breakfast sandwich.
Dunkin’ Donuts was named since the first restaurant was opened by William Rosenberg as Open Kettle in 1948 in Quincy, Massachusetts. In 1949, it was renamed as “Kettle Donuts”. In 1950, it adopted the corporate name as “Dunkin’ Donuts”. The owner got the idea for the chain after selling food in construction sites and factories where coffee and donuts were most popular products. He sold Dunkin Donuts properties in 1955. In 1959, the company started seeing significant growth. Rosenberg’s Dunkin Donuts real estate was listed at International Franchise Association.
In the year 1963, 1000th store of Dunkin Donuts was opened but it was not the household name like it is today. It was called as Universal Food Systems, a portfolio which houses 10 small food service stores, with industrial catering trucks, vending machine company, delicatessen, cafeteria division, 15 cent hamburger chain “Howdy Beef N’ Burger”, few pancake houses, and a lot of Dunkin’ Donuts stores.
The Dunkin Donuts investment property is available to operate a restaurant selling coffee, doughnuts, muffins, bagels, bakery items, pizza, croissants, snacks, sandwiches and beverages approved by Dunkin’ Donuts. The brand promotes Dunkin Donuts franchisee to form a chain of restaurants in a specific area mentioned under the Store Development Program.
The franchisee owns the right to distribute the products approved by its trademarks anywhere in any form, despite the proximity to the location of franchisee, through any channels or by any means of distribution. Basically, franchise lasts for 20 years. Dunkin Donuts Franchisee may exercise another term if all the requisites are met.
Dunkin Donuts Properties For Sale Across the United States :
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