Dunkin' Donuts announced the signing of a multi-unit store development agreement with existing franchisee Sizzling Donuts, LLC for 16 new restaurants in Salt Lake City, Utah. The first restaurant is planned to open in 2013 and the remainder by 2018.
In February 2012, Sizzling Platter, LLC formed the subsidiary Sizzling Donuts, LLC and signed their first multi-unit agreement with Dunkin' Donuts to develop 11 new restaurants in Denver, Colo., and eight new restaurants in El Paso, Texas, over the next several years.
"We are excited to expand Dunkin' Donuts' presence in Salt Lake City and play an important role in the daily lives of people who live, work and visit here," said Mitchell Lowe, Sizzling Platter's general counsel and vice president of development, in a prepared statement. "We have a passion and loyalty for the brand and look forward to the opening of our Dunkin' Donuts restaurants in the years to come."
Franchise opportunities are still exist in Northern Utah and Reno, Nevada. To drive its expansion efforts, Dunkin' Donuts has aligned its strategy to support the growth opportunities and consumer needs of individual markets. As a result, the company continues to expand with single and multi-unit opportunities with no minimum unit requirements.