Krispy Kreme (NYSE: KKD) announced today that it has signed a development agreement with Dulce Restaurants, LLC, to develop 10 new Krispy Kreme shops in Houston over the next five years.
Dulce Restaurants, LLC, a subsidiary of Dallas-based Sun Holdings, LLC, currently operates three Krispy Kreme locations in Dallas, and has plans to open an additional 15 Dallas shops through 2018.
"Seeing the response and admiration for Krispy Kreme and our Original Glazed® doughnuts in Dallas has been a rewarding experience for me and my team," said Guillermo Perales, President and CEO of Sun Holdings, LLC. "With our plans to continue developing the Dallas market now finalized and underway, we are excited by the opportunity to expand our relationship with Krispy Kreme and to make our one-of-a-kind sweet treats available in Houston."
"We are thrilled that Dulce Restaurants has chosen to add portions of Houston to its development plans," said Patricia Perry, Vice President – Domestic Franchise Development at Krispy Kreme. "Mr. Perales and his team bring extensive guest relations and operational experience, as well as a longstanding and successful history in the market."
The new Houston shops will offer more than a dozen varieties of Krispy Kreme's one-of-a-kind doughnuts, including the signature hot Original Glazed®, as well as a complete menu of coffee, Krispy Kreme Chillers®, iced beverages and specialty drinks.
Krispy Kreme currently has over 240 shops in the United States, of which approximately 150 are franchised. Additionally, the Company has over 560 locations in 22 countries outside the United States, all of which are franchised.
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