SEATTLE, WA-Krispy Kreme Doughnut Co., a Winston-Salem, NC-based doughnut shop chain is planning to develop franchises in the area in the next year.

According to local reports, a Mercer Island native who now is a partner with an upscale restaurant chain in Chicago will open the franchises under the partnership name of Icon LLC. The first location will likely be on the Eastside.

Icon will reportedly open a minimum of 30 locations in Washington, Oregon, Alaska, Hawaii and British Columbia in the next six years. The franchises are normally 4,000-sf, stand-alone buildings with a drive-thru.

Krispy Kreme went public in April at around $29/share. It is currently trading in the mid-$90s.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper


GlobeSt Net Lease Spring 2024Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.