Restaurant & QSR Expansion Report

7 Agreements, 51 Units…..

Canton, Massachusetts-based Dunkin’ Donuts has signed multi-unit store development agreements with seven franchise groups that will add 51 new restaurants in Virginia and West Virginia over the next several years. Existing franchise group TBG Food Acquisition Corp., led by John Troiano and Peter Marrinan, plans to develop 22 new restaurants in Roanoke, Lynchburg and Blacksburg in Virginia. The group currently owns and operates 60 Dunkin’ Donuts restaurants and six Baskin-Robbins ice cream shops in New York and South Carolina, with an additional five Dunkin’ Donut locations presently in development. Their first Dunkin’ Donuts restaurant in Roanoke is planned to open by year-end and the remainder by 2023.  New franchisees Atul and Aruna Patel are planning to develop three restaurants in Harrisonburg, Virginia. Two will be traditional Dunkin’ Donuts locations, and the third will be a multi-brand with sister brand Baskin-Robbins. The husband and wife team’s first restaurant is planned to open in 2015 and the remainder by 2017.  Existing franchisees Gregory and Emil Nigro of Restaurant Services of the Outer Banks are planning to develop ten restaurants in the greater Norfolk, Virginia metropolitan area. This team currently operates 17 Dunkin’ Donuts restaurants, and this past May signed a development agreement for 14 new locations throughout Richmond.  Next up, existing franchise group The Heritage Group LLC, led by Luis Cabral, plans to develop three restaurants in Richmond, Virginia. The Heritage Group currently operates one Dunkin’ Donuts restaurant. Cabral’s next restaurant is planned to open in 2017 and the remainder by 2019.  Another existing franchise group, C+ Management, led by Masul Haque, plans to develop three restaurants in Gainesville and South Riding in Virginia. This group currently operates three Dunkin’ Donuts restaurants in Virginia, and their next restaurant is planned to open in 2016. Existing franchisee Alpa Patel plans to develop five restaurants in Culpeper and Tyson’s Corner in Virginia. Patel is also part of a network that owns and operates Dunkin’ Donuts throughout Northern Virginia and Southern New Jersey. Her next Dunkin’ Donuts restaurant is planned to open in Spring 2015. And another existing franchise group, Little General Stores, led by Greg Darby, plans to develop five new restaurants in Charleston and Beckley in West Virginia. The group currently operates more than 60 quick-service restaurant concepts throughout West Virginia and owns more than 80 gas and convenience operations. Their next Dunkin’ Donuts restaurant is planned to open in 2016. In its effort to keep the brand fresh and competitive, Dunkin’ Donuts offers flexible concepts for any real estate format including free-standing restaurants, end caps, in-line sites, gas and convenience, travel plazas, universities, as well as other retail environments.  The chain’s new look includes four distinct restaurant design options for franchisees, each featuring variations in layout, color schemes, graphics, textures, furniture and/or lighting.  Part of the Dunkin’ Brands Group Inc., the all-day, everyday coffee and baked goods Dunkin’ Donuts chain has more than 11,300 restaurants in 37 countries worldwide.

Dunkin’ Brands Group Inc. - 130 Royall St., Canton, Massachusetts  02021   (781/737-3000 www.dunkinfranchising.com)

TBG Food Acquisition Corp. - 68 Main St., Suite 102, Tuckahoe, New York 10707 (914/779-7878)

Restaurant Services Of The Outer Banks LLC - P.O. Box 2084, Kitty Hawk, North Carolina 27949 (252/ 489-4677 info@dndobx.com  www.dndobx.com)

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