Start-Up Costs and Fees |
||
| Krispy Kreme | Frullati Cafe & Bakery | |
| Investment | 200500 - 4115000 | 145900 - 446000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4.50% | 6% |
| Advertising Fee | 1.50% | |
| Year Founded | 1937 | 1985 |
| Year Franchised | 0 | 1994 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Krispy Kreme | Frullati Cafe & Bakery | |
| 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. | Industry experience General business experience |
Financing Options |
||
| Krispy Kreme | Frullati Cafe & Bakery | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Krispy Kreme | Frullati Cafe & Bakery | |
| 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 | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Building sales takes effort on many different levels - from running your business with monitored food costs, to strong operations, to local store marketing, to most importantly ensuring that you give every customer a reason to return. The Frullati Cafe Marketing Team will assist you by creating national marketing initiatives and advertising that are key to building sales. Increasing sales takes diligent effort in all areas of your business. Co-op advertising, Ad slicks, Regional advertising | |
| Operations | Franchisees required to buy multiple units/master licenses; 35% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Krispy Kreme | Frullati Cafe & Bakery | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Krispy Kreme | |
| Frullati Cafe & Bakery | |
| Franchise Fee | |
| Krispy Kreme | |
| Frullati Cafe & Bakery | |
| Royalty Fee | |
| Krispy Kreme | 4.50% |
| Frullati Cafe & Bakery | 6% |
| Advertising Fee | |
| Krispy Kreme | 1.50% |
| Frullati Cafe & Bakery | |
| Year Founded | |
| Krispy Kreme | 1937 |
| Frullati Cafe & Bakery | 1985 |
| Year Franchised | |
| Krispy Kreme | 0 |
| Frullati Cafe & Bakery | 1994 |
| Term Of Agreement | |
| Krispy Kreme | |
| Frullati Cafe & Bakery | 10 years |
| Renewal Fee | |
| Krispy Kreme | |
| Frullati Cafe & Bakery | 75% of then-current fee |
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. |
| Frullati Cafe & Bakery | Industry experience General business experience |
Financing Options |
|
| Franchise Fees | |
| Krispy Kreme | |
| Frullati Cafe & Bakery | |
| Start-up Costs | |
| Krispy Kreme | |
| Frullati Cafe & Bakery | |
| Equipment | |
| Krispy Kreme} | |
| Frullati Cafe & Bakery | |
| Inventory | |
| Krispy Kreme | |
| Frullati Cafe & Bakery | |
| Receivables | |
| Krispy Kreme | |
| Frullati Cafe & Bakery | |
| Payroll | |
| Krispy Kreme | |
| Frullati Cafe & Bakery | |
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) |
| Frullati Cafe & Bakery | |
| 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 |
| Frullati Cafe & Bakery | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Krispy Kreme | |
| Frullati Cafe & Bakery | Building sales takes effort on many different levels - from running your business with monitored food costs, to strong operations, to local store marketing, to most importantly ensuring that you give every customer a reason to return. The Frullati Cafe Marketing Team will assist you by creating national marketing initiatives and advertising that are key to building sales. Increasing sales takes diligent effort in all areas of your business. Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Krispy Kreme | |
| Frullati Cafe & Bakery | Franchisees required to buy multiple units/master licenses; 35% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Krispy Kreme | |
| Frullati Cafe & Bakery | |
| Canada Expansion | |
| Krispy Kreme | |
| Frullati Cafe & Bakery | |
| International Expansion | |
| Krispy Kreme | |
| Frullati Cafe & Bakery | |