Dunkin’ Brands Inc. is looking to expand into the western United States, according to a report from the Associated Press. The Canton, Mass.-based coffee-and-doughnut chain announced that it is seeking franchisees for largely untapped parts of Colorado, Texas, Nebraska, Oklahoma and New Mexico.
To entice would-be franchisees, the company will offer reduced royalty fees and extra money for local advertising. It aims to open new shops in Denver and Colorado Springs, Colo.; Houston and Waco, Texas; Lincoln and Omaha, Neb.; Oklahoma City and Tulsa, Okla.; and Santa Fe and Albuquerque, N.M., starting in early 2013.
The announcement comes on the heels of Dunkin’s IPO, which was delivered on July 27. Read the article here.