Dunkin' Donuts, Krispy Kreme Eye Bess Eaton Chain

1 min read
Opinions expressed by Entrepreneur contributors are their own.

Randolph, Massachusetts-Dunkin' Donuts Inc. said that it, along with a group of its franchisees, would pursue a possible bid for the assets of the Bess Eaton Donut Flour Co., which filed Monday for Chapter 11 bankruptcy in Rhode Island.

Dunkin' Donuts, a coffee and baked-goods chain with more than 5,800 units, said it would "aggressively compete" for the 48 Bess Eaton Coffee and Bake Shops, which operate in Rhode Island, Connecticut and Massachusetts. In a statement, the company noted that the proposed deal between Bess Eaton and Tim Hortons Inc., the 2,527-unit doughnut-cafe subsidiary of Wendy's International Inc., was still subject to approval of the bankruptcy court and creditors. "Ultimately, the purchaser will be determined on a full and fair bidding process," George Condos, Dunkin' Donuts brand officer said.

Sources close to the bankruptcy proceedings said Krispy Kreme Doughnuts Inc. and its franchisees also are interested in bidding for the Bess Eaton units. Officials at Krispy Kreme could not be reached for comment as of press time. -Nation's Restaurant News

My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.

How This Entrepreneur Built a Powerhouse Talent Management Company With a Soul