25 Jan Now Dunkin’ Donuts, Baskin-Robbins head to SA
More donut-ice cream heaven is going to hit SA shores…. Grand Parade Investments (GPI) has announced that it has signed a master franchise agreement with Dunkin’ Brands, the parent company of Dunkin’ Donuts and Baskin-Robbins, to begin developing both brands in South Africa.
Under the licence agreement, Grand Parade Investments (GPI) (who, in 2013, GPI brought Burger King to SA) will develop over 250 Dunkin’ Donuts restaurants and more than 70 Baskin-Robbins shops in South Africa. This will be done through both corporate-owned stores and franchised outlets, with an initial focus on Cape Town and Jo’burg.
The agreement also provides for the introduction of Baskin-Robbins ice cream products to supermarket chains and convenience stores in South Africa over the licence period.
Coffee and bakery chains Dunkin’ Donuts has more than 11 500 restaurants in 40 countries worldwide selling roughly 60 cups of coffee every second and more than 1.8 billion cups of coffee a year. The brand will also offer regional menu items to cater to local tastes, said GPI.
Ice cream specialty chain Baskin-Robbins currently has more than 7 600 locations in nearly 50 countries, serving over 300 million customers each year worldwide.
Rival Krispy Kreme, in a development agreement with local company, KK Doughnuts, opened its first local doors in late November 2015 in Rosebank, Jo’burg, and intends to set up 31 Krispy Kreme shops in South Africa over the next five years.
“As we continue our global expansion of Dunkin’ Donuts and Baskin-Robbins, we are delighted to work with GPI to bring both brands to South Africa,” said Bill Mitchell, president of Dunkin’ Brands International. “GPI has a wealth of experience in the local restaurant and retail industry, and a strong focus on operational excellence.”
“At GPI we work with world-class partners to develop brands that will resonate with South African consumers, which is why we’re thrilled to bring Dunkin’ Donuts and Baskin-Robbins to the market,” said Hassen Adams, executive chair at GPI.
The agreement remains subject to GPI’s receipt of approval from the Financial Surveillance Department of the South African Reserve Bank.
Source: Fin24
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