4 stores ex­pected to open each year


Austin American-Statesman - - MONEY & MAR­KETS - Con­tact Gary Dinges at 912-5987. Twit­ter: @gdinges

West’s part­ners. “I’ve also be­come hooked on the area. It seems like the per­fect place for Dunkin’ Donuts.”

Mul­vey, who re­cently moved to Cedar Park from North­west Ohio, said cur­rent plans call for open­ing four lo­ca­tions a year for the next six years. He is “ag­gres­sively look­ing” for space to lease but hasn’t signed any ad­di­tional con­tracts.

Cof­fee Ac­tion West’s deal with Dunkin’ Donuts means the area is now off lim­its for ad­di­tional fran­chisees, the com­pany said.

“We be­lieve th­ese new fran­chisee part­ners will cul­ti­vate last­ing cus­tomer re­la­tion­ships and be­come in­te­gral parts of their lo­cal com­mu­ni­ties,” said Grant Ben­son, vice pres­i­dent of de­vel­op­ment for Dunkin’ Brands, par­ent com­pany of Dunkin’ Donuts and Baskin-Rob­bins.

Be­cause of the area’s rapid growth, Mul­vey said he’s not con­cerned about over­sat­u­ra­tion.

“We’re very com­fort­able with 24,” he said. “In the North­east, there’s one Dunkin’ Donuts for ev­ery 8,000 peo­ple. I don’t think we’ll ever get to that con­cen­tra­tion though.”

Amy Sancetta / ap 2011

For­mer Univer­sity of Texas quar­ter­back Colt McCoy ‘loves it’ in Austin, which is the rea­son Cof­fee Ac­tion West chose the lo­ca­tion.

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