Start-Up Costs and Fees |
||
| Insomnia Cookies | Krispy Kreme | |
| Investment | 65600 - 111400 | 200500 - 4115000 |
| Franchise Fee | ||
| Royalty Fee | 6% | 4.50% |
| Advertising Fee | 1.50% | |
| Year Founded | 2002 | 1937 |
| Year Franchised | 2006 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Insomnia Cookies | Krispy Kreme | |
| Experience | *Passionate about the Krispy Kreme brand and products *Proven track record of running a successful multi-unit restaurant business *Highly committed to providing great customer service *Financial resources to fund a multi-unit store development plan including a minimum $1 million in liquid assets and a minimum net worth of $2 million. | |
Financing Options |
||
| Insomnia Cookies | Krispy Kreme | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Insomnia Cookies | Krispy Kreme | |
| Training | *Initial Production Training (three to four weeks) *Processing Standards (one to two weeks) *Shift Management Training (four to five weeks) *Equipment Maintenance (1 week) | |
| Support | *New product innovation and unique occasion product offerings *Access to Krispy Kreme University " a six month, all-inclusive training for Operations Directors, General Managers and Assistant General Managers *Grand opening support *Ongoing restaurant franchise operations support for the term of the franchise agreement *In-store training for hourly staff *Real estate and site selection support *Conceptual drawings *Project management and construction support *Access to area development agreements *Ability to impact communities with a unique and robust fundraising program | |
| Marketing | ||
| Operations | ||
Expansion Plans |
||
| Insomnia Cookies | Krispy Kreme | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Insomnia Cookies | |
| Krispy Kreme | |
| Franchise Fee | |
| Insomnia Cookies | |
| Krispy Kreme | |
| Royalty Fee | |
| Insomnia Cookies | 6% |
| Krispy Kreme | 4.50% |
| Advertising Fee | |
| Insomnia Cookies | |
| Krispy Kreme | 1.50% |
| Year Founded | |
| Insomnia Cookies | 2002 |
| Krispy Kreme | 1937 |
| Year Franchised | |
| Insomnia Cookies | 2006 |
| Krispy Kreme | 0 |
| Term Of Agreement | |
| Insomnia Cookies | |
| Krispy Kreme | |
| Renewal Fee | |
| Insomnia Cookies | |
| Krispy Kreme | |
Business Experience Requirements |
|
| Experience | |
| Insomnia Cookies | |
| Krispy Kreme | *Passionate about the Krispy Kreme brand and products *Proven track record of running a successful multi-unit restaurant business *Highly committed to providing great customer service *Financial resources to fund a multi-unit store development plan including a minimum $1 million in liquid assets and a minimum net worth of $2 million. |
Financing Options |
|
| Franchise Fees | |
| Insomnia Cookies | No |
| Krispy Kreme | No |
| Start-up Costs | |
| Insomnia Cookies | |
| Krispy Kreme | |
| Equipment | |
| Insomnia Cookies} | |
| Krispy Kreme | |
| Inventory | |
| Insomnia Cookies | |
| Krispy Kreme | |
| Receivables | |
| Insomnia Cookies | |
| Krispy Kreme | |
| Payroll | |
| Insomnia Cookies | |
| Krispy Kreme | |
Training & Support |
|
| Training | |
| Insomnia Cookies | |
| Krispy Kreme | *Initial Production Training (three to four weeks) *Processing Standards (one to two weeks) *Shift Management Training (four to five weeks) *Equipment Maintenance (1 week) |
| Support | |
| Insomnia Cookies | |
| Krispy Kreme | *New product innovation and unique occasion product offerings *Access to Krispy Kreme University " a six month, all-inclusive training for Operations Directors, General Managers and Assistant General Managers *Grand opening support *Ongoing restaurant franchise operations support for the term of the franchise agreement *In-store training for hourly staff *Real estate and site selection support *Conceptual drawings *Project management and construction support *Access to area development agreements *Ability to impact communities with a unique and robust fundraising program |
| Marketing | |
| Insomnia Cookies | |
| Krispy Kreme | |
| Operations | |
| Insomnia Cookies | |
| Krispy Kreme | |
Expansion Plans |
|
| US Expansion | |
| Insomnia Cookies | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Krispy Kreme | |
| Canada Expansion | |
| Insomnia Cookies | |
| Krispy Kreme | |
| International Expansion | |
| Insomnia Cookies | |
| Krispy Kreme | |