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24 more Dunkin' Donuts shops planned for the Twin Cities area

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Two dozen more Dunkin' Donuts stores will open over the next seven years in the Twin Cities, the Massachusetts-based chain announced Wednesday.

Two franchise groups are planning to develop 24 restaurants, with the first two expected to open by 2017, and the remainder planned to open by 2024.

Kod Kod Enterprises, LLC, will be developing 12 new locations in the northern suburbs and St. Cloud, while VANTive Group LLC is planning 12 shops in eastern Minneapolis and surrounding areas, the announcement says. (The Pioneer Press notes it's not clear if "eastern Minneapolis" means locations are planned for St. Paul.)

Dunkin’ Donuts left the Minnesota market in 2005, but returned last summer with a location at the Kahler Grand Hotel in Rochester. Not long after, a franchisee revealed plans to build shops across northern Minnesota – the first opened in Duluth in June.

And this spring, the coffee-and-donut chain announced a franchise arrangement with Legacy Concepts that included plans to open 10 restaurants in Minneapolis and the west metro. The first location is expected to open later this year, the Business Journal says.

"We are excited to enter new areas throughout Minnesota, and know these new and existing partners will strive to bring guests in the Minneapolis-St. Paul metro area the coffee and donuts that have kept America running for over 65 years," Grant Benson, CFE, vice president of global franchise and business development, Dunkin' Brands, said in the announcement.

There are still other franchise opportunities available in Minnesota, including south of Minneapolis, plus in Mankato and Rochester, the announcement says. But they don't come cheap – the Star Tribune notes prospects need about $250,000 in liquid assets and a net worth of at least $500,000.

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