Drew Brees adds Dunkin’ to holdings
Saints QB Drew Brees was featured in FT last September, for his investment in Walk-On’s.
As speculation mounts about how long Drew Brees will continue as quarterback for the New Orleans Saints, it’s becoming clearer that one of the most famous and talented players in the NFL has teed himself up to be a major player in the franchise world for many seasons to come. Adding to his growing empire of Jimmy John’s and Walk-On’s restaurants, he is set to build 69 new Dunkin’ Donuts restaurants in Louisiana. According to the official release, Brees entered into a partnership with existing franchisee Vik Patel, and they signed an agreement to develop 69 new Dunkin locations in New Orleans, Baton Rouge, Shreveport, Monroe and Alexandria, Louisiana. The first location under the new partnership is planned to open in 2017, and the group will also co-own five existing Dunkin’ Donuts restaurants in Louisiana. Bourbon Street Donuts is led by Vik Patel, the CEO of Tampa-based Purple Square Management Co. Patel has been a Dunkin’ Donuts franchisee for 10 years and operates 46 restaurants in Alabama, Florida and Louisiana. Purple Square also has plans to open additional units in 2017. Brees is a partner at Bourbon Street Donuts, LLC.