PR Newswire:
Dunkin’ Donuts, America’s favorite every day, all-day stop for coffee and baked goods, announced today the signing of a multi-unit store development agreement with Pace Development LLC for 15 new restaurants in Louisville, KY. The first two locations are anticipated to open in 2011 and the remainder by 2016. Dunkin’ Donuts’ development in Louisville is part of a steady and strategic growth strategy, which includes expanding in existing markets while entering new cities across the country to help drive the leading coffee and bakery chain’s growth.
Scott Morris, president of Pace Development LLC, and his partners have extensive experience in owning and operating multiple franchises including Subway restaurants. The company has experience in developing real estate throughout Kentucky and Indiana.
“We are proud to expand our franchise portfolio to include Dunkin’ Donuts and look forward to playing an important role in the daily lives of people who live and work in the Louisville community,” said Scott Morris president, Pace Development LLC.
The 15 unit Louisville deal sells out the market for future franchise development but to complement the company’s expansion, Dunkin’ Donuts’ is also seeking new and existing franchisees to develop restaurants in Evansville, IN, Nashville, TN and Ottumwa, IA.