Giant Oil, Inc. to Open 12 New Restaurants
CANTON, Mass., June 18 // PRNewswire // -- Dunkin' Donuts, America's favorite everyday, all-day stop for coffee and baked goods, announced today the signing of a multi-unit store development agreement with Giant Oil, Inc. for the development of 12 restaurants in Dayton, OH. The franchisee's plans call for one unit to open in 2011 and the balance within the next five years.
Giant Oil, Inc. was founded in 1995 by Basem I. Ali. The company is a multi-branded, multi-state petroleum jobber that has a diversified background in the retail industry, in management, ownership, and convenience store operations. Giant Oil, Inc. is headquartered in the Tampa Bay area.
In addition to the 12 units purchased by Giant Oil, Inc., Dunkin' is still looking for new franchisees to develop a minimum of three restaurants in Dayton including the surrounding areas of Springfield, Tipp City, Middletown, Eaton and Lima. Dunkin' Donuts' development of the Dayton DMA is part of a steady and strategic growth strategy, which includes expanding in existing markets while entering new cities across the country to help direct the company's future growth.
"Dunkin' Donuts is excited to welcome Giant Oil, Inc. to the Dayton, market," says Lynette McKee, CFE, vice president of franchising, Dunkin' Brands, Inc. "These restaurants will satisfy a growing demand in the market for high quality coffee and baked goods that are available all day."
Building a network of restaurants also enables Dunkin' Donuts to invest in a distribution model that ensures consistent, high-quality products that customers expect when visiting a Dunkin' Donuts location. In an effort to keep the brand fresh and competitive, Dunkin' Donuts offers franchisees a variety of designs and venues, including free-standing stores, sites within shopping centers and convenience stores, as well as other retail environments.
According to McKee, "Dunkin' Donuts is proud to energize Americans and keep the honest, hard-working, value-driven people of this country running every day -- whether it's in a boardroom, a schoolroom or a construction site. We look forward to being a vibrant part of the community and playing an important role in the daily lives of the people who live and work in the community."
About Dunkin' Donuts
Founded in 1950, Dunkin' Donuts is America's favorite every day, all-day stop for coffee and baked goods. Dunkin' Donuts is the #1 retailer of hot and iced regular coffee-by-the-cup in America, and the largest coffee and baked goods chain in the world. Dunkin' Donuts has earned the #1 ranking for customer loyalty in the coffee category by Brand Keys for three years running. The company has more than 8,800 restaurants in 31 countries worldwide. In 2008, Dunkin' Donuts' global system-wide sales were $5.5 billion. Based in Canton, Massachusetts, Dunkin' Donuts is a subsidiary of Dunkin' Brands, Inc.
SOURCE Dunkin' Donuts
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