Since 2004, Maritime Coffee Time, LLC has successfully purchased assets around the Baltimore-Annapolis area for repositioning and new Dunkin Donuts development. The company has successfully executed on its long-term buy and hold philosophy. Throughout Todd’s tenure, he has led Maritime Coffee Time, LLC in the development of 5 locations, including the relocation of 2.
One of Maritime Coffee Time’s relocations was the first store in Stevensville, Maryland. Operating at the end of an underperforming strip-mall, Todd had the opportunity to acquire a failing Pizza Hut 200 yards from his original Dunkin Donuts location. The failing Pizza Hut had many appealing attributes, most importantly it’s direct highway access. With a traffic count of 80,000+ cars per day, the new Stevensville location quickly became the highest grossing Dunkin Donuts in the state of Maryland.
While the above is an anecdotal success story, it highlights the nature of Maritime Coffee Time, LLC. Maritime Coffee Time, LLC has found its competitive advantage through Todd’s eye for premier real estate locations. This specialty has given Maritime Coffee Time an edge that few other Dunkin Donuts operators can compete with, allowing Maritime Coffee Time to do in-depth due-diligence quickly and thoroughly, all while maintaining its focus on quality developments for the long-term.