Start-Up Costs and Fees |
||
| Krispy Kreme | GFG Bakery-Cafe | |
| Investment | 200500 - 4115000 | 187100 - 1311000 |
| Franchise Fee | ||
| Royalty Fee | 4.50% | |
| Advertising Fee | 1.50% | |
| Year Founded | 1937 | 2017 |
| Year Franchised | 0 | 2019 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Krispy Kreme | GFG Bakery-Cafe | |
| 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 | GFG Bakery-Cafe | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Krispy Kreme | GFG Bakery-Cafe | |
| 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 |
||
| Krispy Kreme | GFG Bakery-Cafe | |
| 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 | |
| GFG Bakery-Cafe | |
| Franchise Fee | |
| Krispy Kreme | |
| GFG Bakery-Cafe | |
| Royalty Fee | |
| Krispy Kreme | 4.50% |
| GFG Bakery-Cafe | |
| Advertising Fee | |
| Krispy Kreme | 1.50% |
| GFG Bakery-Cafe | |
| Year Founded | |
| Krispy Kreme | 1937 |
| GFG Bakery-Cafe | 2017 |
| Year Franchised | |
| Krispy Kreme | 0 |
| GFG Bakery-Cafe | 2019 |
| Term Of Agreement | |
| Krispy Kreme | |
| GFG Bakery-Cafe | |
| Renewal Fee | |
| Krispy Kreme | |
| GFG Bakery-Cafe | |
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. |
| GFG Bakery-Cafe | |
Financing Options |
|
| Franchise Fees | |
| Krispy Kreme | |
| GFG Bakery-Cafe | |
| Start-up Costs | |
| Krispy Kreme | |
| GFG Bakery-Cafe | |
| Equipment | |
| Krispy Kreme} | |
| GFG Bakery-Cafe | |
| Inventory | |
| Krispy Kreme | |
| GFG Bakery-Cafe | |
| Receivables | |
| Krispy Kreme | |
| GFG Bakery-Cafe | |
| Payroll | |
| Krispy Kreme | |
| GFG Bakery-Cafe | |
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) |
| GFG Bakery-Cafe | |
| 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 |
| GFG Bakery-Cafe | |
| Marketing | |
| Krispy Kreme | |
| GFG Bakery-Cafe | |
| Operations | |
| Krispy Kreme | |
| GFG Bakery-Cafe | |
Expansion Plans |
|
| US Expansion | |
| Krispy Kreme | |
| GFG Bakery-Cafe | 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 | |
| GFG Bakery-Cafe | |
| International Expansion | |
| Krispy Kreme | |
| GFG Bakery-Cafe | |