Heard on the Street: Four more Dunkin' Donuts in Med City pipeline
A lot more doughnuts are on the way for the Med City.
Three years after making a big splash by returning to Minnesota with a Rochester shop, Dunkin' Donuts has signed a new franchise agreement to bring four more locations to the city.
The Massachusetts doughnut maker announced this week it has signed a deal with franchisees Oliver Schugel and David Schooff, of Donut Kings, LLC,to open four new restaurants here. The first one is slated to open in 2019.
Donut Kings also have a Dunkin' in Mankato, with two more in the pipeline there.
Rochester Retail Services, a division of the Kahler Hospitality Group, opened the first Rochester Dunkin' in June 2014 at 15 First Ave. SW in its Kahler Grand Hotelcomplex in the heart of downtown. It was the first one in Minnesota since 2005. Dunkin' said then Rochester Retail Services would be opening five more shops in the next few years.
That changed last fall, according to Dunkin' Donuts Senior Director of Franchising Patrick Cunningham.
"Rochester Retail Services, the franchisee of record, will continue to own and operate the existing restaurant in the Kahler. However, they will not develop more Dunkin' stores as we previously reported," he said in 2015.
The Donut Kings, the new Rochester franchisees, have more than 45 years of combined experience in business and real estate development.
"We are excited to continue developing the Dunkin' Donuts brand in the Rochester area. The team we've formed has a proven track record in multi-unit restaurant development, and we're looking forward to our next phase of openings beginning in 2019," stated Schooff.