TL;DR
Duck Donuts has signed an area development agreement with The Great Restaurant Group Co. LTD to expand into Thailand, expecting at least 10 locations over the next five years. The first location is set to open in late 2022 in Bangkok.
Duck Donuts has announced the signing of an area development agreement in Thailand with franchisee The Great Restaurant Group Co. LTD. This agreement gives the franchisee the right to develop the brand across Thailand. Duck Donuts expects the deal to return at least 10 locations across the country over the next five years, with the first expected to open in late 2022 in Bangkok.
“Thailand’s landscape is full of dessert cafés and with the growth of the country’s social and economic development, this presents a great opportunity for new businesses such as Duck Donuts to be successful in the Thai market,” said Betsy Hamm, CEO of Duck Donuts.
“We are looking forward to partnering with The Great Restaurant Group and leveraging their knowledge of the Thai market as we begin to introduce Duck Donuts throughout the country.”
The Great Restaurant Group Co. LTD. is headed by Joseph Kim, who has strong experience in hospitality management. He launched K-stEAT in 2020, a Korean food hall in Thailand comprised of 11 brands from Korea with over 10,000 sq. ft of retail space.
“Thais love their desserts, and Bangkok, the most populous city of Thailand, has a passion for food, a unique cosmopolitan vibe, multiculturalism and a flourishing culinary scene,” said Kim.
“Duck Donuts offers a well-known treat, but in a different way with its fresh donuts and made-to-order options, a concept that will make a great addition to the vibrant Bangkok community,”
In this story
This story was originally published by Raghav Patel in Global Franchise on July 13, 2022. Burnaze summarizes and links to the original reporting.
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