"I was happy to move down here and see Donut Bank and not Dunkin' Donuts," said Nancy Jernigan, but she might have spoken too soon.
The national chain closed their doors in the Tri-State 28 years ago, but has just announced that they will be expanding their business back into the Tri-State. Fifteen area franchises will sell their gourmet coffee, assorted donuts and food products to hungry residents, but the question remains will they be welcomed?
"It depends on your preference of donuts, Jernigan said. "I don't like the grease fried that Dunkin' Donuts have. I prefer some of the bakery style donuts."
In this area it's hard not to associate that type of donut with the Donut Bank. The locally-owned company has served bagels, donuts, and cakes since 1967. Over the years they've faced competition, but can they compete with this national chain?
"They've outdone most of the corporations that come in with donuts," said Neil Vhee."They pretty well dominate."
Customers say its not about a cup of coffee or a Danish. It's more about the environment. "I'd go where I would have a good feel to the place where the staffs nice," said Ron Goebel, and that's why he keeps coming back to Panera Bread Company. He says they offer similar products as Dunkin' Donuts and Donut Bank, but enjoys sipping his coffee in a comfy chair.
Ultimately, customers say it boils down to convenience. "I think it has a lot more to do with where the new businesses are located," said Mina Pirkle, "because I don't think people will go out of their way when there already established places to eat by their work."
If you're interested in starting a franchise, all you need is a minimum net worth of $1.5 million and liquid assets of $750,000 dollars.
An official with Dunkin Donuts says they're looking at placing shops in several Tri-State counties including Vanderburgh, Gibson, Spencer, Warrick, Hopkins, Muhlenberg, Henderson, and Daviess. Those shops could open their doors in the next one to two years.
1115 Mt. Auburn Road
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