Entrepreneur USA - January 2018

(Jeff_L) #1

78 /ENTREPRENEUR.COM/January-February 2018


TO THOSE WHOgrew up in


Dunkin’ Donuts’ North-


east stronghold, where the


orange-and-pink double D is


as ubiquitous as the Golden


Arches, this news may come


as a shock: Dunkin’ isn’t


everywhere! Only in the past


half decade has it ventured


into Colorado, California,


Minnesota, and Utah, and


2017 was the year Dunkin’


learned to say “aloha,” with


its first three stores opening


in Hawaii. In a few north-


western states, including


Idaho, there’s no Dunkin’ at


all. There, America evidently


runs on something else.


All of this means that


Dunkin’—despite having


12,435 global locations at the


end of 2017, of which 9,015


are in the U.S.—still has


plenty of room to grow. And


grow it does: A year ago, those


numbers were 12,258 units


worldwide, of which 8,828


were stateside. That expan-


sion is happening strategi-


cally. “It’s not so important to


us to just sprinkle new stores


over a wide area,” says Grant


Benson, the company’s senior


vice president of franchising


and development. “Once we


make a commitment to go


somewhere, we go deep. But


there’s certainly nothing unat-


tractive about any state, and


we look forward to being rep-


resented everywhere.” (Sorry,


Gem State residents: “It’s just


not time for Idaho today,” he


says. Maybe tomorrow!)


Meanwhile, Dunkin’ con-


tinues to scale globally. Like


a box with a mixed dozen of


strawberry frosted, blueberry


cake, and Boston kreme,


Dunkin’ Donuts’ units abroad


present a variety of flavors,


with each market reflecting


local tastes. A new store in


Amsterdam, for instance, is


testing a novel model: one


that’s “a bit upscale” and


“very beverage-focused,”


per Benson, more in tune


with Europe’s café culture.


America may run on Dunkin’,


but others prefer to relax with


it. And the brand will take all


kinds. —DAVID ZAX PHOTOGRAPHS COURTESY OF DUNKIN’ DONUTS


Dunkin’ Donuts


Founded/ 950, Quincy, Mass. 1
Worldwide units/ 12, 435
U.S. units/ 9,01 5
Cost to open a unit/ 228,620 to $1.69 million$
Free download pdf