Popular Donut Chain Is Planning a Major Expansion

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If you've never had a Shipley doughnut, you will soon. The famed Texas doughnut brand will more than double in size by 2027.

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The brand will add 350 outlets in the next five years, raising its total to just under 700, thanks to new franchise agreements, including one with HPL Capital.

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55 new sites are planned for Georgia and Maryland, and 25 for Dallas-Fort Worth. Shipley has locations in twelve states, mostly in Texas.

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Shipley will expand in Southeastern markets where it is underrepresented.

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Shipley's menu is also expanding. The restaurant will test hot and iced coffee in Houston before expanding nationwide. Rutldege said the menu adjustments are new.

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Rutledge joined Shipley in 2021 as CEO, with COO Hank Simpson. Rutledge and Simpson are both quick-service business veterans.

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Rutledge previously worked at Bojangles and Whataburger, and Simpson spent 18 years at Panera.

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Peak Rock Capital reorganised Shipley's executive team. Before Rutledge and Simpson, Lawrence Shipley III controlled the company.

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8 Discontinued Fast-Food Chicken

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