NIT – Could North Iowa someday be home to one of America’s favorite donut-makers?
After a Friday report in the Minneapolis Star-Tribune, news was spreading quickly that Minnesota may get up to 50 new Dunkin’ Donuts restaurants.
Our neighbors to the north may not be the only ones enjoying the array of breakfast foods and drinks the restaurants offer. Surprisingly, six counties in North Iowa are listed as currently open for development for a Dunkin’ Donuts franchise. Those counties include Floyd, Cerro Gordo, Hancock, Mitchell, Worth and Winnebago. Only one other county in Iowa is listed, that being Lee in extreme south east Iowa. Almost every county in Minnesota is listed as open for development.
Dunkin’ Donuts has about 7100 stores nationwide. To become a franchisee, the entrepreneur needs about $250,000 in liquid assets and a net worth of at least $500,000, Dunkin’ says, as well as specific site requirements which must be met. The process for opening a store is explained here, and you can apply to get started here.
Would North Iowa make a good location for a Dunkin’ Donuts?