21 Mar, 2019, 10:03 ET
INGLEWOOD, Calif., March 21, 2019 /PRNewswire/ -- Building on America's sweet tooth, Randy's Donuts, the most recognized and iconic donut shop in the world, is gearing up for nationwide expansion with the announcement of its highly-anticipated franchise opportunity. Fueled by its ever-growing pop culture influence, the brand is positioned for aggressive development throughout the country and internationally, which will be seeded by plans to have more than a dozen corporate locations open throughout Southern California in the next year.
For nearly 60 years, Randy's has been a taste, pop-culture and architectural icon: Its donuts are handmade daily with proprietary, highest-quality ingredients and mixes. The business has been featured in countless movies, television shows and music videos such as Jimmy Kimmel Live! with Christina Aguilera, Iron Man 2, Futurama, The Tonight Show with Jimmy Fallon and the MTV Movie Awards. Earlier this year, Randy's partnered with Nike and the LA Rams to promote the team's Super Bowl appearance, and starting in June, donut lovers will be able to purchase limited edition TOMS shoes and apparel inspired by the famed donut shop. Randy's signature 32-foot novelty architecture donut sits atop the original Los Angeles shop and is a top tourist stop, attracting thousands of customers to pose for photos.
"From our contribution to pop culture to our mission to give back to the community, Randy's sits in an enviable and unique position in the donut world. We are ecstatic to now launch the franchise opportunity and bring Randy's to cities across the nation," said Mark Kelegian, President of Randy's Donuts. "While gourmet and other local shops have popped up to cash in on donuts' demand, no one else offers the breadth of 50 varieties of handmade, proprietary choices, catering to cost-conscious and indulgent donut lovers."
Kelegian, a Los Angeles-area entrepreneur and former attorney, author and expert, purchased Randy's in 2015 to franchise the beloved concept with his family. He says Randy's receives multiple requests every week from people asking if they can open their own shop through franchising.
Randy's currently has four locations in the greater Los Angeles area – Inglewood, Century City, El Segundo and Hollywood. Corporate development will continue throughout Los Angeles, the Inland Empire and Orange Country, including stores in Downtown Los Angeles, Santa Monica, Pasadena and more. The brand will debut in Downey, CA in June with a 24-hour, drive-thru and walk-up freestanding store that will have Randy's signature donut on the roof. Randy's has also inked deals to bring Randy's word-famous donuts to the Philippines and South Korea in 2019.
Handmade donuts at Randy's are never frozen and are made fresh every day. Varieties include the classics – glazed, devil's food, and chocolate raised, deluxe – crullers, buttermilk and old fashioned, fancy – apple fritter, jelly filled and cinnamon roll, as well as premium – Nutella™, red velvet ganache and s'mores. Randy's Donuts also offers delivery, catering and a full-service coffee program in addition to other beverages.
Randy's is targeting franchisees passionate about donuts with previous food service ownership or operating experience and a desire to open multiple units. The total initial investment for a franchise ranges from $360,000 to $526,000 for an in-line location. Kiosks, in-line and drive-thru sites are all available, ranging from 300 to 2,500 square feet. Randy's is providing franchisees full-service, four-week in-person training at the Inglewood shop and office, teaching key components such as management, marketing, site selection and production. Franchisees will also receive on-location opening training, store setup and ongoing assistance.
For more information about Randy's Donuts and its franchise opportunity, visit randysdonuts.com/franchise.
About Randy's Donuts
Based in Inglewood and with four California locations, Randy's Donuts is the most recognized donut shop in the world and one of the most iconic locations in Los Angeles, attracting visitors from around the world to take pictures of the giant rooftop donut. Immediately recognized as the landmark building from appearances in movies, music videos and television shows, Randy's has consistently been named one of the top donut shops in the country for 60 years and the most-reviewed and highest-rated donut shop on Yelp and similar sites. Whether it's a first visit or a local, one taste of Randy's donuts made by hand every morning brings customers back time and time again. Connect with Randy's Donuts on Facebook, Twitter and Instagram @randysdonutsla, LinkedIn and on Tik Tok @RandysDonuts. Learn more at randysdonuts.com.
SOURCE Randy's Donuts
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