Dunkin' Donuts founded in 1946, by William Rosenberg as Industrial Luncheon Services, which delivered meals and snacks to workers in the Boston area. Due to the great success Rosenberg was convinced to start up Open Kettle, a donut shop. Two years later Open Kettle was renamed to Dunkin' Donuts.
Today, the Dunkin' Donut Franchise serves a variety of 52 donuts, muffins, bagels, coffees, Dunkin' Donuts breakfast sandwich and fruit drinks at its locations in more than 40 countries, which includes Canada and the Unites States.
Franchising Tips and Facts
Ultimately the success of owning a Dunkin' Donuts Franchise can be determined by such factors as your franchise territory, site location, and your individual efforts and commitment to following the system. While you will be your own boss, when owning a Dunkin' Donuts franchise you will not be "on your own". The franchisor will have also committed to fulfill their promises to you as stated in the franchise agreement.
Sometimes, franchises fail because the franchise buyers do not adequately research franchise opportunities prior to purchase. If you are interested in a Dunkin' Donuts Franchise Opportunity, then you should do your homework. Try to match your personal attributes and interests to activities associated with the business opportunity you are interested in. If your personality and interests, don't match, you may want to consider a different franchise.
As a franchisee, you may want to know... can I own more than one Dunkin' Donuts franchise? Franchisors often sell area or master franchises within a certain specified territory. These are of course costly. If you own a single Dunkin' Donuts franchise and are successful, then if there is an opportunity to develop in another and the territory is available, then the franchisor will usually be pleased to sell you another franchise for the new location.
Be sure to ask about marketing programs (if any) that are offered to Dunkin' Donuts Franchisees. If your franchise contract requires you to make contributions for larger scale advertising and marketing programs, try to find out how the franchisees participate in decisions on the programs, campaigns and budget management. You want to make sure your money is going to good use, and it's being managed properly.
How much does a Dunkin' Donuts Franchise cost? Generally the costs associated with buying a franchise can vary considerable, depending on some of the following factors. Some costs that can affect the bottom line are, real estate, inventory, training, marketing, franchise fees, and development costs. The Dunkin' Donuts UFOC should outline these costs, and give you detailed information on how much it will cost you.
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accountant before purchasing a franchise or business opportunity.