Franchising

Shipley Do-Nuts signs 25-unit deal for DFW area

Provided

November 19, 2021

Shipley Do-Nuts has signed a franchise agreement with HPL Capital LLC to open 25 locations throughout the Dallas-Fort Worth area.

HPL plans to build Shipley locations in Coppell, Denton, Garland, Irving, Las Colinas, Lewisville, McKinney, Prosper, Roanoke, Rockwall and Rowlett, according to a press release.

"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," Michael Poates, CEO of HPL Capital, said in the release. "We collectively believe in the Shipley franchise model and its beloved reputation."

"With this multi unit signing, the Dallas-Fort Worth market is officially sold out, which is a tremendous milestone for the brand," said Shipley Do-Nuts CEO 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."

Shipley Do-Nuts has more than 330 locations and has franchise commitments in place to open an additional 300 stores over the next five years in Texas and across the Southeast. It is recruiting additional franchisees in all markets, with a focus on increasing its presence in Colorado, Georgia and Oklahoma.