Introduction
Founded in 1950 the largest coffee and donuts brand in the United States with more than 13200 restaurants in nearly 40 global markets Dunkin is a part of the Inspire Brands family of restaurants
Investing: What You Need to Know
If you are certain that you meet the requirements and are progressing towards fulfilling the recommendations to become a franchisee its time to start evaluating the investment expenses These expenses can be categorized into two main types corporate costs and other investment costs Corporate costs refer to fees paid to Dunkin Donuts corporate for the franchise Other investment costs encompass expenses related to construction setup and ongoing operation
Franchise Cost: How Much Does a Dunkin' Donuts Franchise Cost
According to information provided by Dunkin's franchising website the cost related to the total investment or initial investment in needing to set up your location are estimated to range between 526900 and 1809500 with franchise fees ranging from 40000 to 90000 The reason for such a wide range is due to the various forms of locations that you can open up Options include standalone locations like drive thrus non traditional settings such as convenience stores shopping centers or walk through setups
Getting Started: How to Franchise a Dunkin' Donuts
According to their franchise website there are seven steps to developing business ownership1Speak with the franchise development team 2Review Franchise Disclosure Document FDD 3Interview with the franchise development team 4Submit the franchise application form 5Sign your franchise agreement and submit your franchise fee 6Complete training 7Grand opening
Notable Success Story: Benny Omid
Benny Omids journey began in Iran where he faced adversity and persecution before immigrating to the United States at 16 Starting at Dunkin Donuts he found a supportive community that helped him learn and grow Through hard work and dedication he moved on to managerial roles and eventually became a franchise partner by 1996 By 2001 he achieved independence as a Dunkin franchise owner His story embodies the American dream of opportunity perseverance and community contribution through his involvement in charitable organizations Today Omid lives with his family in Belmont Hill grateful for the freedom and success he has achieved in America
Profit Potential How Much Does a Dunkin' Donuts Franchise Owner Make
The annual sales of a Dunkin' location ranges from about 620000 to 13 million depending on the type of franchise you own From that Career Bliss says a franchise owner can expect to make up to 12400 a year or about 50 an hour