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Southeast Enterprise Holdings Inc. Finalizes Acquisition of 47 Dunkin’ Franchises in South Florida

February 11, 2020 GMT
Southeast Enterprise Holdings Inc. Finalizes Acquisition of 47 Dunkin’ Franchises in South Florida
Southeast Enterprise Holdings Inc. Finalizes Acquisition of 47 Dunkin’ Franchises in South Florida

NAPLES, Fla.--(BUSINESS WIRE)--Feb 11, 2020--

Southeast Enterprise Holdings Inc. (SEH), owned by Askar Brands Chairman and Founder Casey Askar, has announced a large acquisition of Dunkin’ restaurants in South Florida. SEH has finalized the purchase of 47 Florida-based stores in the Miami, Ft. Lauderdale and West Palm Beach markets and will be led by new Chief Executive Officer of SEH, George McAllan, a former vice president of international operations at Dunkin’.

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Askar Brands Founder Casey Askar (Photo: Business Wire)

“We’re proud of the growth that Askar Brands has seen over the past several years, and we’re excited to add the Dunkin’ brand to our family of franchises,” said Casey Askar. “With George McAllan leading the charge of Askar Brands’ new Dunkin’ division, SEH, along with his experience with the Dunkin’ brand, we know these restaurants will cultivate lasting customer relationships and continue to be integral parts of their local communities.”

Within the agreement, SEH acquired a Store Development Agreement for the exclusive development of six restaurants in Southwest Broward County (including Pembroke Pines and Miramar) and Northwest Dade County (including Opa-Locka, Palm Springs North, and Miami Gardens) over the next five years, continuing Dunkin’s growth in the South Florida market.

“With Casey’s vision, our team has a solid growth plan to grow the Dunkin’ brand in South Florida, a significant growth market for all Dunkin’,” said McAllan. “Our focus for the near future will be on improving our stores’ customer service and processes, along with remodeling with the new Dunkin’ footprint, as well as establishing new restaurants in the marketplace.”

Dunkin’ was recently named the #1 franchise in the 2020 Entrepreneur Franchise 500 list.

“For me personally, the addition of these Dunkin’ stores to my family’s portfolio is a vital part of my overall succession plan,” added Askar. “As my children enter our business and continue the growth plan we’re setting in place, it is my hope that these stores will thrive for many years to come in South Florida.”

To explore franchise opportunities with Dunkin’ visit www.DunkinFranchising.com, or to learn more about Dunkin’ visit www.DunkinDonuts.com or subscribe to the Dunkin’ blog to receive notifications at https://news.dunkindonuts.com/blog.

Askar Brands

Askar Brands is a franchisor and operator of multiple well-known quick service and casual dining restaurants across the nation, including Blackjack Pizza & Salads, Papa Romano’s Pizza, Papa’s Pizza To Go, Breadeaux Pizza, Mr. Pita and CJ’s Brewing Company. Askar Brands also operates 45 Church’s Chicken franchise locations across six states. For more information, visit askarbrands.com.

Southeast Enterprise Holdings

Naples-based Southeast Enterprise Holdings (SEH), a division of Askar Brands, owns and operates 47 Dunkin’ stores in the South Florida area, including Miami, West Palm Beach and Ft. Lauderdale. For more information about SEH and its portfolio, please contact George McAllan at gmcallan@sehfl.com.

About Dunkin’

Founded in 1950, Dunkin’ is America’s favorite all-day, everyday stop for coffee and baked goods. Dunkin’ is a market leader in the hot regular/decaf/flavored coffee, iced regular/decaf/flavored coffee, donut, bagel and muffin categories. Dunkin’ has earned a No. 1 ranking for customer loyalty in the coffee category by Brand Keys for 14 years running. The company has more than 13,000 franchised restaurants in 41 countries worldwide. Based in Canton, Mass., Dunkin’ is part of the Dunkin’ Brands Group, Inc. (Nasdaq: DNKN) family of companies. For more information, visit www.DunkinDonuts.com.

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CONTACT: Media Contact:

Jason Brown, PublicCity PR – 248-663-6166;jbrown@publiccitypr.net



SOURCE: Southeast Enterprise Holdings Inc.

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PUB: 02/11/2020 08:45 AM/DISC: 02/11/2020 08:45 AM