Fast-Growing Donut & Coffee Chain Plans to Double In Size

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Fast-Growing Donut & Coffee Chain Plans to Double In Size
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We adhere to structured guidelines for sourcing information and linking to other resources, including medical journals and scientific studies. If you have any concerns about the accuracy or timeliness of our content, please reach out to our editors by e-mailing, major names like Krispy Kreme, Dunkin', and Tim Hortons would probably be the first chains that come to mind. However, those brands are set to get a fresh wave of competition in the coming years as a rival chain plans explosive growth.is a donut, kolache, and coffee chain founded more than 85 years ago in 1936.

The chain's ability to accelerate growth is thanks—at least in part—to Peak Rock Capital. The private investment firmthe formerly family-owned Shipley Do-Nuts in 2021 and made some big changes that helped kickstart expansion, like integrating online ordering and innovating its supply chain, according toDunkin's Spring Menu Just Leaked—Here's What's Coming to Stores

If the latest data is any indication, those tweaks are already paying off for Shipley Do-Nuts. The chain saw a 6.3% increase in same-store sales in 2023. Its average unit volume , or the sales each individual store sees on average, has also increased by 50% over the last three years, per"This isn't an opportunity where we're looking for pennies," CEO Flynn Dekker told the publication."There are a lot of dollars hanging out there because the business is just modernizing.

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