Choosing the right brand’s Franchise for starting your new business is the most difficult decision to make. Usually, every aspiring entrepreneur looking to start his/her new Franchise business always starts with watching out for the top Franchises out there. If we talk about the Top Franchises in the world, one of the leading, well-known, and the No. 1 spot achievers in ‘Top 20 Franchises of the year 2020’ is Dunkin Donuts Franchise. A brand that is renounced and talked about in most of the countries and which is well-known for serving the best Coffees.
The name needs no introduction, when it comes to coffee and donuts, Dunkin Donuts is always the first choice for many consumers. Recently, its name being changed to Dunkin, it is an American Multinational company well-known for serving Coffee and doughnut in all the major countries. It was founded by William Rosenberg, who started his first restaurant business related to Coffee and Donuts, with years the business went successful and William’s son, Robert carried on the Franchise business with more than 100 stores in the year. Later on, the brand was acquired by the owner of Baskin-Robins, and the business flourished further.
Dunkin Donuts provides a wide range of items such as Expresso, sandwiches, bagels, beverages, donuts, burgers, and the list goes on. A foodie stepping in the outlet would be lost in the amazement of selecting the item and savoring the taste. Dunkin is said to sell more than 2 million cups of Coffee and Beverages worldwide and this number is expected to grow even further in the coming years. Stretching their brand in more than 60 countries, they are said to have more than 20000 + Outlets all across India.
Considering the obvious, one of the major benefits of acquiring this Franchise is the Brand value itself. You would not need any major marketing to reach the bare minimum of sales. Coffee and Donut lovers would already be anticipating the opening of a Dunkin Donuts Outlet.
Considering the huge brand value and customer fan base created by Dunkin Donuts, the investment required for starting this Franchise goes higher. On average, depending on the type of unit and the outlet, the required investment goes around rupees 1 Crore. However, the franchise fee has to be incurred separately which ranges between 20 to 70 lakhs rupees. The investment amount would highly depend on the location, that is the city in which you open the outlet, the area, if the street is busy or otherwise, etc.
Like every Franchise, there are certain requirements that have to be fulfilled by an individual for matching the eligibility criteria. Firstly, the area of your outlet should be between 300 to 700 sq. ft. The outlet that you are opening can be a rented space as well. Another requirement is for the owner and his/her employees to get trained under the training program that is provided by the representatives of Dunkin. The training program goes for around 60 + hours of session that would help you in the areas of marketing, brand development, etc. The minimum staff requirement goes around 10 to 30 people, depending on the outlet. Lastly, the business owner should have prior experience in the Restaurant business to get eligible for Dunkin Donuts Franchise.
Also read :
Now comes the crucial question, about how to apply for Dunkin Donuts Franchise. The process is quite simple, all the Franchise related to Dunkin Donuts is handled by Jubilant Foodworks in India. You would have to get in contact with them for further procedure. The steps to apply for the same are as follows.
Subscribe To Our Newsletter
Get updates and learn from the best
More To Explore
Upto 50 Lakhs @Low Interest Rate. How to Get Business Loan in Maharashtra – Upto 50 Lakhs @Low
Stree Shakti Package for Women Entrepreneurs – Objective, Interest Rate, Requirements. Empowering women means advocating on their behalf, letting