Whether looking to buy or sell a Dunkin’ Donuts store, facing the dissolution of a partnership or needing an objective evaluation of your existing business, DDIFO Sponsor Kensington Company & Affiliates offers a level of expertise and integrity that sets them apart from other merger and acquisitions firms.
The main advantage Kensington Company delivers to Dunkin’ Donuts franchisees is the staff’s unique familiarity with Dunkin’ Brands. Franchise Advisors David Stein and Dave Ron used to sell territories for Dunkin’ and were extremely successful, earning multiple awards and other recognition from the Brand. They know firsthand how Dunkin’ Brands (DBI) works with regard to specific transaction processes, criteria for buyers, newer in-store technologies, products and franchise agreement requirements. When Kensington Company screens buyers, it performs a rigorous pre-approval process similar to that of DBI and presents only the cream of the crop to its clients, those who meet or surpass DBI standards (e.g., food service operations experience, amount of liquid capital). When determining a realistic financial valuation of an existing Dunkin’ shop or network of shops, that assessment is extremely thorough and accurate.
Based in Roslyn, New York (about 15 miles outside NYC), Kensington Company provides services nationwide and has 15 years of experience in national franchise sales. In the past three years, the firm has successfully sold 60 Dunkin’ stores. With a database of 50,000 qualified buyers—both existing and new franchisees—plus its use of a variety of marketing avenues, including website listings and email blasts, Kensington Company is confident it can identify the ideal buyer(s) for you. The staff also know what to look for operationally. They can pinpoint issues that potential buyers might not like and advise how you might address such concerns before engaging in a transaction process.
“Right now, there are so many people looking for a business they can invest in and run profitably,” said Stein. “The Dunkin’ concept stands out from the pack. We receive about twice as many calls for Dunkin’ listings as for any other franchise brand.”
Beyond the firm’s intimate knowledge of Dunkin’ Brands, it also offers services that many other business brokers do not. For example, Kensington Company completes buyer and seller riders and provides referrals to highly reputable, reliable transaction attorneys. It does not co-broker with other firms, instead bringing together sellers and buyers it determines are well-matched. What’s more, Kensington Company has the sophistication and experience necessary to identify potentially complex challenges early in the process and provide innovative and creative solutions that will help you accomplish the best transaction.
As Stein highlights in his presentations at DDIFO Members Meetings, the numbers speak for themselves:
- 97% of Kensington Company’s buyers have been approved by Dunkin’ Brands
- 85% of Kensington Company’s buyers were new franchisees
- 38% of all sales had no financing contingencies
“We are proud of our track record of service to Dunkin’ Donuts franchise owners and are eager to bring our expertise and experience to benefit DDIFO members,” said Stein. “Kensington Company is no fly-by-night operation. We’re in it for the long-haul.”
For more information or a free consultation, contact David Stein at 718-490-2218 or firstname.lastname@example.org, or visit www.kensingtoncompany.com. Kensington Company & Affiliates will also be represented at all remaining 2011 Members Meetings.