4 stores expected to open each year
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.”
Former University of Texas quarterback Colt McCoy ‘loves it’ in Austin, which is the reason Coffee Action West chose the location.