Who bought out Duck Donuts?

NewSpring Capital
Duck Donuts, the Mechanicsburg, Pa. -based chain of donut franchises, on Tuesday said it has sold a majority stake to NewSpring Capital, a private equity firm making a bigger move into the franchise space. Duck Donuts also named Betsy Hamm its CEO.

Where are the owners of Duck Donuts from?

It all began on the sandy beaches of the Outer Banks in Duck, North Carolina. There, Russ DiGilio and his family would enjoy relaxing and fun vacations. But something was missing – there were no fresh donuts! So, they decided to create their own and Duck Donuts was born.

How many Duck Donuts locations are there?

Duck Donuts is currently set to have over 215 locations in 24 states across the United States, with several international locations pending.

Why is Duck Donuts called Duck Donuts?

Duck Donuts got its name from the charming, family-friendly northern Outer Banks town of Duck, North Carolina. One of our first shops to open there in 2007.

Who is the CEO of Duck Donuts?

Russell A. DiGilio (Feb 2006–)Duck Donuts / CEO

Who owns Duck Donuts in Charlotte?

Plassman
The donut concept got its start in North Carolina’s Outer Banks. Plassman owns the franchise rights for Duck Donuts in the Charlotte market.

How much does a Duck Donuts franchise owner make?

Duck Donuts provided enough solid information in Item 19 of its franchise disclosure document so prospective franchisees can understand their profit potential, our research team found. Average gross sales were $503,976 in 2019, with the average cost of goods running at 28 percent and labor at 27 percent.

Does Duck Donuts use duck fat?

We cook our donuts in duck fat (no ducks were harmed in the making of our donuts!) We’re headquartered in North Carolina (actually we’re in Pennsylvania) Donuts are only made in the morning (each donut is made fresh at the time of purchase and topped to the customer liking)

Where is the original Duck Donuts?

Duck, NCDuck Donuts / Place founded

Are Duck Donuts baked or fried?

Duck Donuts serves vanilla cake-based doughnuts that are fried on the spot and topped with a variety of glazes, icings and candies. Visitors can customize their doughnuts with a choice of 12 different “coatings,” six different “toppings” and four different “drizzles.”

Does Duck Donuts fry their donuts in duck fat?

Does Duck Donuts have vegan Donuts?

“We are very excited to be the first Duck Donuts market to expand our product offering with the introduction of our new vegan donut.” The chain will consider expanding the vegan option to all of its 86 locations in other markets in 2020 should demand prove positive.