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Franchise Prospector » Franchise Opportunities Dunkin Donuts
Franchise Concept: Donuts and baked goods Dunkin Donuts
One of the most well-known stores when it comes time to make a late night, breakfast or daytime run to a bakery or coffee shop, Dunkin\' Donuts has put its good name to great use by opening up its franchises to thousands of entrepreneurs in the United States and Canada as well as many other parts of the world. It all started in 1946 with a man by the name of William Rosenberg who first tested out his business skills by founding a small lunch delivery service that catered to workers in Boston. Evidently, it went well, because based on the good results from this venture, Rosenberg went on to start a small shop for doughnuts in 1950 in the town of Quincy, Massachusetts that was named - for better or for worse - Open Kettle. The name didn\'t stick, but the business did, and after two years it was changed to the much more catchy \"Dunkin\' Donuts\" that remains with the company today. First franchised in 1955, the bakery-style shop is known primarily for its reliable selection of muffins, bagels, doughnuts, fruit drinks and coffee that it serves in specific regions of the United States as well as Canada and many other countries as well. One shouldn\'t be confused if a Dunkin\' Donuts is seen sided up with a Togo\'s or a Baskin Robbins; that\'s because it is a subsidiary company to the organization that owns both Togo\'s and Baskin Robbins, and is therefore co-branded with these other stores. Statistics show that Dunkin\' Donuts is and has been growing steadily, adding to the impetus for anybody who is interested in buying a Dunkin\' Donuts franchise to find out where to make the next purchase. Currently, the company is looking for interested parties to open Dunkin\' Donuts locations all over the United States as well as in Asia, New Zealand, the Middle East and Australia. The cost of start up can get fairly high up there, with investment and personal net worth requirements ranging from $255,000 to a just over a whopping $1,000,000 for the certain factors including the initial investment fee. Still, however, the name is strong and could make all the difference when it comes to a franchise\'s eventual gain. While Dunkin\'s Donuts is a staple for New Englanders, the franchise market there is all but saturated. That\'s why the company is aggressively encouraging new franchisees to expand out into other areas further south and in the Midwest, where there is plenty of local name recognition and a ripe market for success. In return for your investment in a Dunkin\' Donuts franchise, you will be given expert training and consultation on where to most effectively place you new Dunkin\' Donut location - or locations. In fact, like many other franchisors, Dunkin\' Donut requires that the startup individuals undergo training, even if they are convinced that they already know a thing or two about business management. Due to these guidelines that Dunkin\' Donut faithfully enforces, it has become one of the more successful chains around, quite often paving the way for its franchisees to benefit from strong revenues. Franchise InformationFinancial & Terms
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