Randy’s Donuts Announces Franchise Agreements & Affiliate Deals to Quickly Grow to 164 Locations
World-Famous Donut Shop’s First Major Franchising Push Will Grow the Iconic Brand to 2 states and 8 countries
LOS ANGELES (PRWEB) May 03, 2021 - Randy’s Donuts reaches a major new milestone by signing franchise development deals for 78 domestic stores throughout California in addition to 7 company stores (Santa Monica to open in summer), 10 company affiliated stores in development in Las Vegas and 7 in Central California.
It also continues its rapid growth internationally by adding franchise development deals for France, Morocco, Egypt, Kuwait, and Bahrain to its international market now totaling 64 stores. In total, 165 stores are set to open.
Randy’s Donuts is also in negotiations for dozens of stores throughout California and other states. Likewise, it is currently in talks to develop the remainder of Europe, Mexico, Latin America, and throughout Asia.
Randy’s Donuts president Mark Kelegian is excited for the boom in interest. “It’s a very exciting time and we’re thrilled for new markets to experience our beloved handmade donuts in their own neighborhoods. We always believed that when the world started to see a glimpse of the end of the Covid crisis, that we would be one of the fastest growing brands in our category,” said Mark Kelegian.
In addition to its 7 company stores in southern California, 10 company affiliated stores in Las Vegas (many of which are already in construction), and its 7 company affiliated stores in Central California (1st store in Bakersfield will open within 90 days) the company has signed development deals for 25 stores in Downtown, Central and South Los Angeles, 10 stores in the Inland Empire, 12 stores in San Fernando Valley and North Los Angeles, 12 stores in Orange County, 10 stores in San Diego County, and 6 stores in the Temecula to Riverside area. Randy’s has already received approval for 1 store in LAX Terminal 7 pending the full re-opening of the airport hospitality facilities.
Randy’s Donuts began franchising internationally in 2018 with development deals for 20 stores in South Korea, 5 stores in portions of Saudi Arabia and 9 stores in the Philippines. However, due to the Covid crisis, most countries were prevented from opening stores. Saudi Arabia had a hugely successful pop-up store at the 2019 Riyadh Season and is opening its first permanent store in Jeddah this summer. On the other side of the globe, the South Korea stores are a huge hit. To date, the South Korean franchisee has opened three stores and expects to open their fourth store in June and fifth store by the end of the year.
Randy’s has signed development deals for 5 stores in France, 5 stores in Morocco, 10 stores in Egypt, 4 stores in Kuwait, 1 store in Bahrain, and expanded its foothold in Saudi Arabia to 10 stores. In total, Randy’s has 64 stores either open or in development internationally and expecting even more growth in the next 12 months.
At all Randy’s Donuts locations, guests can find over 60 different varieties of classic, deluxe, fancy, and premium donuts along with Randy’s Rounds (Randy’s Donuts much larger version of a donut hole) and more. Unlike large donut chains, for over 60 years Randy’s Donuts has made every donut by hand, using exclusive proprietary ingredients that produce a donut that is fluffier, airer, larger and stays fresh longer. Coffee enthusiasts are treated to a variety of coffee blends, espressos, cold brew, iced-drinks, and frappes powered by Randy’s Roast - (Randy’s Donuts propriety coffee roaster blend) along with local favorites in many stores.
SOURCE Randy’s Donuts
Comments:comments powered by Disqus
- Expansions & Growth
- Financial & Earnings Claims
- Mergers & Acquisitions
- Personnel Changes
- General Announcements
- Conferences & Events
- Product Announcements
- Media Coverage
- Strategic Alliances
- Business Services
- Cleaning and Maintenance
- Financial Services
- Franchise Consultants
- Health and Wellness
- Home Services
- Moving and Storage
- Senior Care
- Service Brands
- Small Business