TL;DR
Shipley Do-Nuts has signed a 22-unit franchise agreement with Virentes Partners Group to expand in Florida and Tennessee. Virentes plans to open three Shipley Do-Nuts locations in 2025 in Nashville, Tennessee, and Jacksonville and Tampa, Florida.
Houston-based Shipley Do-Nuts will expand its presence in Florida and Tennessee under a 22-unit franchise agreement with the hospitality arm of private investment platform Virentes Partners Group.
Virentes operates multiple franchise brands through its subsidiary, Virentes Hospitality. Its development agreement with Shipley is the brand’s largest commitment inked in 2024.
Founded in 1936 in Houston, Shipley offers more than 60 varieties of fresh, handmade daily donuts, including its signature plain glazed, cut in the iconic Shipley hexagon shape, plus filled, iced and cake donuts, bear claws, kolaches, coffee and more.
Virentes plans to open three Shipley Do-Nuts locations in 2025 in Nashville, Tennessee, and Jacksonville and Tampa, Florida. Virentes recently hired Vice President – Operations Andrew Povec to oversee operational excellence and enterprise development and has also begun hiring general managers for the first locations.
For career changers and multi-unit owners, Shipley Donuts is the one donut franchise investment that's poised for fantastic growth. High-quality product and simple-to-run business model that drives a strong AUV.
In this story
This story was originally published in Franchising.com on December 3, 2024. Burnaze summarizes and links to the original reporting.
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