Shipley Do-Nut will be opening 25 new locations throughout the Dallas-Fort Worth metroplex.
The Houston-based company has entered a franchise agreement with HPL Capital LLC to build locations in McKinney, Denton, Las Colinas, Coppell, Irving, Garland, Prosper, Roanoke, Rowlett and Rockwall.
HPL Capital CEO Michael Poates will oversee the site selection, construction of the additional stores and hiring of the franchise managers and operations team. He has previously served in leadership roles at Whataburger, Papa John’s, Mr. Gatti’s Pizza and Dairy Queen.
“We bring decades of Dallas-Fort Worth experience and a community-oriented business strategy to the Shipley system and look forward to being an integral part of the brand’s growth,” Poates said in a news release. “We collectively believe in the Shipley franchise model and its beloved reputation.”
Founded in 1936, Shipley’s currently operates more than 330 locations and plans to open 300 additional stores over the next five years in Texas and the Southwest region.
“With this multiunit signing, the Dallas-Fort Worth market is officially sold out, which is a tremendous milestone for the brand,” Shipley Do-Nuts CEO Clifton Rutledge said in a news release. “As we look forward to growing our footprint throughout 2022, we hope to add experienced multiunit operators in new and existing markets, just like we did with HPL Capital in Dallas-Fort Worth.”
Shipley also announced its franchise agreement with G&S Do-Nuts earlier this month to build 15 new locations in Austin. The deal will double the amount of Shipley stores in the burgeoning Austin area, and the first shop is scheduled to open in the fourth quarter of 2022.
Presented by Dallas Business Journal.