Lukumades, the Melbourne-born Greek doughnut chain, is making big moves on the global stage with ambitious plans to bring its delicious treats to new markets around the world. With sights set on expanding into the UK, the US, and several international destinations, this sweet sensation is on the rise.
Having recently inked a master rights agreement for the UK, Lukumades is set to make its mark across the pond, gearing up to unveil its very first store in the US. Already boasting a presence in Dubai, Singapore, Malaysia, and Taiwan, the company is no stranger to international markets, having previously dipped its toes into Indonesia before closing eight stores there.
Back home in Australia, Lukumades already has ten successful locations, with more on the horizon, including a new outlet soon to open in Sydney. The brand's global expansion is not stopping there, with franchise recruitment efforts in full swing under the watchful eye of Doug Downer from Franchise Ready. The aim? Fifty stores spread across Australia, as well as major development agreements abroad.
Exciting potential partnerships are in the works for the Philippines, Germany, and India, with plans to open hundreds of retail units in these hotspots. Initial forays into Dubai, Taiwan, and Singapore will concentrate on smaller territories, with up to ten stores each to start.
Stateside, Lukumades is taking a state-based master franchise approach as it sets its sights on the US market. Starting with agreements in Texas and Florida, the company is laying the groundwork for its grand debut in the land of opportunity. A sweet success story in the making, Lukumades is poised to delight taste buds around the world with its irresistible doughnuts.
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Lukumades: The Melbourne-Born Doughnut Sensation Ready to Conquer the Globe
Monday 4th March, 2024
Gorilla Dash
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Lukumades: The Greek Doughnut Empire Poised for Global Domination
- Lukumades is planning to expand into new markets including the UK, the US, and other international destinations.
- The company already has a presence in Dubai, Singapore, Malaysia, and Taiwan, and has ambitious plans for further expansion.
- Lukumades is set to open its very first store in the US, with franchise recruitment efforts underway and potential partnerships in the Philippines, Germany, and India.
Key Facts:
| Global Expansion | Lukumades, the Melbourne-born Greek doughnut chain, is ambitiously planning to expand into the UK, the US, and several international destinations. |
|---|---|
| Master Rights Agreement in the UK | Lukumades has recently inked a master rights agreement for the UK and is preparing to open its first store in the US. |
| Current Presence | Lukumades already has a presence in Dubai, Singapore, Malaysia, and Taiwan, with 10 successful locations in Australia. |
| Franchise Recruitment | Under the supervision of Doug Downer from Franchise Ready, Lukumades aims to open 50 stores across Australia and secure major development agreements abroad. |
| Global Partnerships | Lukumades is working on potential partnerships in the Philippines, Germany, and India, with plans to open hundreds of retail units in these countries. |
| US Market Entry | In the US, Lukumades is pursuing a state-based master franchise approach, starting with agreements in Texas and Florida. |
Disclaimer:
If any facts in our articles are incorrect or you would like an article removed please email us at news@gorilladash.com.
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