Start-Up Costs and Fees |
||
| Krispy Kreme | Factory Donuts | |
| Investment | 200500 - 4115000 | 213300 - 341300 |
| Franchise Fee | ||
| Royalty Fee | 4.50% | 5% |
| Advertising Fee | 1.50% | 2.50% |
| Year Founded | 1937 | 2017 |
| Year Franchised | 0 | 2017 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Krispy Kreme | Factory Donuts | |
| 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 |
||
| Krispy Kreme | Factory Donuts | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Krispy Kreme | Factory Donuts | |
| 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 | Most Factory Donuts will employ 10-20 employees | |
Expansion Plans |
||
| Krispy Kreme | Factory Donuts | |
| 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 | |
| Krispy Kreme | |
| Factory Donuts | |
| Franchise Fee | |
| Krispy Kreme | |
| Factory Donuts | |
| Royalty Fee | |
| Krispy Kreme | 4.50% |
| Factory Donuts | 5% |
| Advertising Fee | |
| Krispy Kreme | 1.50% |
| Factory Donuts | 2.50% |
| Year Founded | |
| Krispy Kreme | 1937 |
| Factory Donuts | 2017 |
| Year Franchised | |
| Krispy Kreme | 0 |
| Factory Donuts | 2017 |
| Term Of Agreement | |
| Krispy Kreme | |
| Factory Donuts | 10 years +10 |
| Renewal Fee | |
| Krispy Kreme | |
| Factory Donuts | |
Business Experience Requirements |
|
| Experience | |
| 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. |
| Factory Donuts | |
Financing Options |
|
| Franchise Fees | |
| Krispy Kreme | |
| Factory Donuts | |
| Start-up Costs | |
| Krispy Kreme | |
| Factory Donuts | |
| Equipment | |
| Krispy Kreme} | |
| Factory Donuts | |
| Inventory | |
| Krispy Kreme | |
| Factory Donuts | |
| Receivables | |
| Krispy Kreme | |
| Factory Donuts | |
| Payroll | |
| Krispy Kreme | |
| Factory Donuts | |
Training & Support |
|
| Training | |
| 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) |
| Factory Donuts | |
| Support | |
| 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 |
| Factory Donuts | |
| Marketing | |
| Krispy Kreme | |
| Factory Donuts | |
| Operations | |
| Krispy Kreme | |
| Factory Donuts | Most Factory Donuts will employ 10-20 employees |
Expansion Plans |
|
| US Expansion | |
| Krispy Kreme | |
| Factory Donuts | 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 | |
| Krispy Kreme | |
| Factory Donuts | |
| International Expansion | |
| Krispy Kreme | |
| Factory Donuts | |