Ending Soon! Save 33% on All Access

Dunkin' Donuts, Krispy Kreme Eye Bess Eaton Chain <b></b>

Randolph, Massachusetts-Dunkin' Donuts Inc. said that it, along with a group of its franchisees, would pursue a possible bid for the assets of the Bess Eaton Donut Flour Co., which filed Monday for Chapter 11 bankruptcy in Rhode Island.

Dunkin' Donuts, a coffee and baked-goods chain with more than 5,800 units, said it would "aggressively compete" for the 48 Bess Eaton Coffee and Bake Shops, which operate in Rhode Island, Connecticut and Massachusetts. In a statement, the company noted that the proposed deal between Bess Eaton and Tim Hortons Inc., the 2,527-unit doughnut-cafe subsidiary of Wendy's International Inc., was still subject to approval of the bankruptcy court and creditors. "Ultimately, the purchaser will be determined on a full and fair bidding process," George Condos, Dunkin' Donuts brand officer said.

Sources close to the bankruptcy proceedings said Krispy Kreme Doughnuts Inc. and its franchisees also are interested in bidding for the Bess Eaton units. Officials at Krispy Kreme could not be reached for comment as of press time. -Nation's Restaurant News

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

'Creators Left So Much Money on the Table': Kickstarter's CEO Reveals the Story Behind the Company's Biggest Changes in 15 Years

In an interview with Entrepreneur, Kickstarter CEO Everette Taylor explains the decision-making behind the changes, how he approaches leading Kickstarter, and his advice for future CEOs.

Business Ideas

87 Service Business Ideas to Start Today

Get started in this growing industry, with options that range from IT consulting to childcare.

Business Models

How to Become an AI-Centric Business (and Why It's Crucial for Long-Term Success)

Learn the essential steps to integrate AI at the core of your operations and stay competitive in an ever-evolving landscape.

Marketing

5 Steps to Preparing an Engaging Industry Presentation

You can make a great impression and generate interest with an exciting, informative presentation. Find out my five secrets to creating an industry presentation guaranteed to wow.