Shipley Do-Nuts, famous for its fresh, hot glazed donuts, as well as kolaches and coffee, is continuing its rapid growth with a new franchise agreement with HPL Capital LLC to open 25 new locations throughout the Dallas-Fort Worth, Texas area.
HPL plans to build Shipley locations in Coppell, Denton, Garland, Irving, Las Colinas, Lewisville, McKinney, Prosper, Roanoke, Rockwall and Rowlett.
“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,” says Michael Poates, chief executive officer of HPL Capital. “We collectively believe in the Shipley franchise model and its beloved reputation.”
“With this multiunit signing, the Dallas-Fort Worth market is officially sold out, which is a tremendous milestone for the brand,” says Shipley Do-Nuts chief executive officer Clifton Rutledge. “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.”
The brand currently has more than 330 locations, with franchise commitments in place to open an additional 300 stores over the next five years in Texas and across the Southeast. It is actively recruiting additional franchisees in all markets, with a focus on increasing its presence in Colorado, Georgia and Oklahoma.