Shop Owner Says She’s Takeover Target

April 25, 2008 by Cris | 0 Comments

New York Daily News:

Known simply as ‘The Greek,’ Konstantino Skrivanos already owns a baker’s dozen Dunkin’ Donuts locations in Brooklyn, and more than 100 locations along the East Coast, a lawyer for one local store owner claims.
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Cindy Gluck, a franchisee who owns Dunkin’ Donuts stores in Park Slope and Flatbush, said she was given an option of either facing a costly lawsuit or selling her stores at a financial loss to Skrivanos.

Dunkin’ Donuts’ desire to consolidate its franchises under a single, large, multistory franchisee is anathema to the hardworking, mom-and-pop business owner in Brooklyn,’ said David Jaroslawicz, a lawyer for Gluck, who said the chain is aiming to put most of the borough’s 92 stores in Skrivanos‘ hands.

Read on.

In Franchises, Franchisees, Negatives and/or Positives, Basic Guidelines, Law & Agreements, News, Restaurants

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