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.
Related Franchise Categories
Coffee/Espresso Franchises
Donuts Franchises
Franchising Tips and Facts
Financing a Dunkin' Donuts franchise will most likely be easier than trying to finance a new start-up company. Banks are sometimes more likely to lend money to buy a franchise with a good reputation and a proven track record. If you'll need to finance your purchase, ask your bank if it will consider a loan for a Dunkin' Donuts franchise before you go through the whole screening process.
Most franchisors provide training, support, operations manuals, site selection, quality demographics, store design, construction programs, reduced cost of equipment, national purchasing power (things that typically an independent has no background to do his own successfully). Before investing your money in a Dunkin' Donuts Franchise, be sure you are clear on the terms of your agreement with the franchisor. Ask what is included in the franchise fees, and what is extra.
The success rate for franchised businesses is significantly higher than for independent businesses, however no individual franchise is guaranteed to succeed. One of the biggest mistakes you can make is to rush into business. It's important to understand your reasons for wanting to own a Dunkin' Donuts franchise, and to determine if a Dunkin' Donuts franchise is right for you.
Investing in a Dunkin' Donuts Franchise can be one of the most critical decisions you will ever make. The challenges are enormous physically and emotionally. Even finalizing a decision to own one's own business is daunting in itself. Many budding entrepreneurs cop out early into the decision making process. Many times, individuals wanting to strike out on their own were never responsible overall for: sales, marketing, human resources, customer service, quality assurance, operations, legal compliance, accounting, and much more. When owning a business, including a Dunkin' Donuts franchise many of those roles will often be carried out on a daily basis.
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