Franchisor Dunkin' Purchases Bankrupt Las Vegas and Buffalo Restaurants

CANTON, Mass.—CEO Nigel Travis of Dunkin' Brands Inc. announced today that his firm has purchased 20 restaurants in Nevada and New York that are formerly owned by bankrupt franchisee Kainos Partners. Another franchisee, the Beekman Group, has purchased the remaining 14 restaurants formerly owned by Kainos, located in South Carolina.

Mr. Travis sent out the following email today to Dunkin' Donuts franchise owners.

Dear Dunkin' Donuts Franchisees,
 
We are writing today with an update on the auction process of the former Kainos Partners locations in Buffalo, NY; Greenville, SC; and Las Vegas, NV. 
 
As a result of the auction and approval by the bankruptcy court, DBI Stores LLC (an affiliate of Dunkin' Brands, Inc.) has officially purchased 20 Dunkin' Donuts restaurants formerly owned by Kainos Partners in Buffalo, NY and Las Vegas, NV. It is our intent to identify new franchisees to own and operate the restaurants in the very near future. Additionally, The Beekman Group, an existing Dunkin' Donuts franchisee, has purchased and will operate 14 restaurants in Greenville, SC.
 
These restaurants will remain open for business as usual so we can continue to serve our loyal guests who live and work throughout these communities. The Dunkin' Donuts' system overall continues to grow and we remain confident about our long-term potential for growth in these areas.
 
If you have questions or receive any media inquiries, please forward them to our Communications team at --- ---- ----- (REDACTED).
 
Sincerely, 
 
Nigel Travis
Chief Executive Officer, Dunkin' Brands, Inc.
President, Dunkin' Donuts