Prospectus for the IPO will give us a good look under the hood to see how they are doing. Should also be interesting as a valuation metric for KKD. They must think the private offering is going to give them a good chance to monazite their gains.
I was keenly interested in the fact that the private equity groups that bought Dunkin have a large amount of debt due in 2011. I suspect that the main reason of the IPO is to retire this debt. It would be interesting to find out how much debt is due?
If business was really that good for Dunkin, then they wouldn't have needed the IPO to retire the debt.
Wikipida info. below....Interesting comment, "more of a competitor to SBUX than KKD, as half their revenue is coffee"
The company has more than 9,700 restaurants in 31 countries worldwide, which includes more than 6,700 Dunkin’ Donuts locations throughout the United States. This figure compares with the 15,011 stores of coffee chain Starbucks, whose baked goods are usually prepared out of shop. Nearly all of Dunkin' Donuts restaurant are franchisee owned and operated. Only 75 franchisees exist west of the Mississippi River, mostly in Arizona, Nevada and Texas. Within their Northeast home base, however, Dunkin' Donuts is particularly dominant and can be found in many gas stations, supermarkets, mall and airport food courts, and Wal-Mart stores across the region. Dunkin' Donuts, along with Baskin-Robbins, is owned by Dunkin' Brands Inc. (previously known as Allied Domecq Quick Service Restaurants, when it was a part of Allied Domecq). Dunkin' Brands used to own the Togo's chain, but sold this in late 2007 to a private equity firm. Dunkin' Brands was owned by French beverage company, Pernod Ricard S.A. after it purchased Allied Domecq. They reached an agreement in December 2005 to sell the brand to a consortium of three private equity firms, Bain Capital Partners, the Carlyle Group and Thomas H. Lee Partners.