PHILADELPHIA - Philadelphia-based Federal Donuts is expanding its mid-Atlantic footprint with the help of a significant investment from NewSpring Franchise.

Federal Donuts Investors Hope To Grow To 150 Locations

 

Founded in 2011, Federal Donuts specializes in fried chicken and doughnuts and has recently announced a partnership with NewSpring. The partnership will help the fast-casual chain grow, providing expertise and capital to expand. In addition to the NewSpring franchise, the company will keep its CEO on board.

Source (Read Full Story): PhillyBite Magazine

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