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Yum-Yum Donuts

A privately owned American doughnut and coffee-shop chain concentrated in California.

Last updated August 22, 2026

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Overview

Yum-Yum Donuts is an American doughnut-shop chain founded in 1971 and centered in California, particularly the greater Los Angeles area. The business began when Phillip C. Holland opened its first shop in a former Orange Julius location at the intersection of Avenue 26 and Figueroa Street in the Cypress Park neighborhood of Los Angeles. That original shop remained in operation according to the available reference material, giving the chain a direct connection to its early history. Holland recruited Frank Watase after placing a newspaper advertisement for a business manager. The two subsequently became business partners. Holland expanded the business to three shops by 1973 and sold Watase half of the company. Together they developed Yum-Yum Donuts into a substantially larger regional chain, eventually opening more than 100 locations. Holland retired in 1989 and sold his remaining interest to Watase. Frank Watase then operated the company with his son, Lincoln Watase, establishing family continuity in the privately held business. The chain's core offer is built around doughnuts, coffee, and related quick-service breakfast and snack items. Its positioning is primarily value-oriented and convenience-led: stores serve familiar baked goods and beverages through neighborhood locations rather than presenting the brand as an upscale café or specialty pastry concept. The available material does not document a separate premium product architecture, international expansion program, or public-company structure. A major expansion of the company's brand portfolio occurred in 2004, when Yum-Yum Donuts acquired Winchell's Donuts. The transaction added approximately 70 shops to the Yum-Yum organization at the time and brought two established doughnut brands under common ownership. Yum-Yum Donuts and Winchell's continued to be headquartered in the City of Industry, California. By 2019, the combined Yum-Yum and Winchell's presence in the greater Los Angeles area was reported at 126 shops. Separately, Yum-Yum Donuts was described as the largest chain of privately owned doughnut shops in the United States. The chain remains primarily a California operator. Reference material reported 71 Yum-Yum Donuts stores in 2021, all located in California, while the wider figure of 126 stores in the greater Los Angeles area in 2019 included both Yum-Yum and Winchell's locations. These figures should not be treated as directly interchangeable because they refer to different dates and, in the latter case, a combined brand footprint. Frank Watase died in September 2020, after which Lincoln Watase remained president. Publicly available information in the supplied sources is limited, so detailed current financials, store-level operating data, and a complete executive roster are unavailable.

History

Yum-Yum Donuts was established in 1971 by Phillip C. Holland in Los Angeles, California. Holland opened the first shop in a former Orange Julius location at Avenue 26 and Figueroa Street in the Cypress Park district. The location was still operating according to the supplied reference material, linking the later chain to its original storefront. Holland sought managerial assistance through a newspaper advertisement and met Frank Watase, who became his business partner. By 1973, Holland had expanded the company to three shops and sold Watase half of the business. The partners subsequently grew the chain to more than 100 stores. In 1989, Holland retired and sold his remaining share to Watase. Frank Watase continued operating the company with his son, Lincoln Watase. The most significant documented corporate development was the 2004 acquisition of Winchell's Donuts. The transaction added about 70 shops and made Yum-Yum Donuts the owner of a broader doughnut-shop portfolio. Both brands were headquartered in the City of Industry, California. By 2019, the combined Yum-Yum and Winchell's presence in the greater Los Angeles area was reported at 126 shops. Yum-Yum Donuts was also characterized as the largest privately owned doughnut-shop chain in the United States. The company has remained a regional operator rather than an international chain. In 2021, the supplied reference reported 71 Yum-Yum Donuts stores, all in California. This figure applies specifically to the Yum-Yum Donuts banner and should be distinguished from combined Yum-Yum and Winchell's counts. Frank Watase died in September 2020, and Lincoln Watase remained president afterward. The available sources do not provide a detailed account of later store openings, financial performance, product innovation, or geographic expansion.

  • 2021

    California store count reported

    [1]

    The chain was reported to have 71 Yum-Yum Donuts locations, all in California.

  • 2020

    Frank Watase dies

    [1]

    Frank Watase died in September; his son Lincoln Watase remained president of Yum-Yum Donuts.

  • 2004

    Winchell's Donuts acquisition

    [1]

    Yum-Yum Donuts acquired Winchell's Donuts, adding approximately 70 stores to its operations.

  • 1989

    Holland retires and exits ownership

    [1]

    Holland retired and sold his remaining interest to Frank Watase.

  • 1973

    Frank Watase becomes a business partner

    [1]

    After the business reached three shops, Holland sold Watase half of the company, beginning their joint expansion.

  • 1971

    First Yum-Yum Donuts shop opens

    [1]

    Phillip C. Holland founded the chain in a former Orange Julius location in Los Angeles's Cypress Park district.

Products and positioning

Value-oriented neighborhood doughnut and coffee chain

  • Baked goods · 1971

    Doughnuts

    Doughnuts are the chain's core product category and the foundation of its neighborhood-shop format. The available reference describes Yum-Yum Donuts as offering a variety of doughnuts, but does not provide a complete catalog of flavors, formats, or seasonal items.

  • Beverages · 1971

    Coffee

    Coffee is a primary beverage accompaniment to the chain's doughnuts and supports its breakfast and quick-service positioning. Specific roast, preparation, sourcing, and menu details are not documented in the supplied sources.

  • Quick-service food

    Breakfast and snack items

    Yum-Yum Donuts stores are associated with convenient breakfast and snack purchases alongside doughnuts and coffee. The supplied references do not identify a definitive list of additional food products, so this category is kept general.

Brand decisions

  • 2004

    Acquire Winchell's DonutsM&A

    Background

    Yum-Yum Donuts operated as a growing privately owned regional doughnut chain and sought to expand its store and brand portfolio.

    Action taken

    The company acquired Winchell's Donuts, adding approximately 70 shops and bringing the two brands under common ownership.

    Aftermath

    The acquisition expanded the company's presence in California and contributed to a combined Yum-Yum and Winchell's footprint of 126 shops in the greater Los Angeles area by 2019.

  • 1989

    Transition to Watase family ownershipStrategy

    Background

    After nearly two decades of joint development, founder Phillip C. Holland retired.

    Action taken

    Holland sold his remaining share to Frank Watase, who continued operating the company with his son Lincoln.

    Aftermath

    Yum-Yum Donuts continued as a privately held, family-operated business.

Sources2 sources

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