YOUR BUSINESS AUTHORITY
Springfield, MO
A Houston, Texas-based doughnut chain is targeting the Springfield market as part of expansion plans in the Midwest.
Shipley Do-Nuts, which was founded in 1936 and has more than 340 restaurants in 12 states, is seeking franchisees in Indiana, Kansas, Kentucky, Missouri and Ohio, according to a news release. The company currently does not have any locations in Missouri, with the closest to the Queen City being stores in Rogers and Harrison, Arkansas.
No locations have been announced for Springfield.
"Opening up territories in the Midwest and offering incentives for potential new franchisees is part of our strategic growth plan to expand the brand nationwide, tackling one region at a time to build awareness and density before expanding further,” Shipley Do-Nuts CEO Flynn Dekker said in the release, referring to an incentive program in which new franchisees may pay reduced royalties.
The company's growth plans call on Shipley Do-Nuts to nearly double in size over the next five years.
In addition to doughnuts, Shipley Do-Nuts sells kolaches, coffee, cake and other items, according to its website.
Evergreen Hair House opened; the Ozark Chamber of Commerce moved to a new home; and Dirk’s Tavern LLC got its start on C-Street.
Missouri man sentenced for PPP fraud
Wendy’s franchisee ordered to pay $7M over harassment, PPP fraud accusations
Updated: First Watch business partner sues another for breach of fiduciary duty, fraud
Palm & Paddle Grille aims for mid-June launch
Four businesspeople join United Way board
Home construction companies merge to launch new venture
Physician sues CoxHealth, alleging business interference and defamation