According to local reports, a Mercer Island native who now is apartner with an upscale restaurant chain in Chicago will open thefranchises under the partnership name of Icon LLC. The firstlocation will likely be on the Eastside.
Icon will reportedly open a minimum of 30 locations inWashington, Oregon, Alaska, Hawaii and British Columbia in the nextsix years. The franchises are normally 4,000-sf, stand-alonebuildings with a drive-thru.
Krispy Kreme went public in April at around $29/share. It iscurrently trading in the mid-$90s.
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