Start-Up Costs and Fees |
||
| Krispy Kreme | Hurts Donut Company | |
| Investment | 200500 - 4115000 | 553000 - 1076000 |
| Franchise Fee | ||
| Royalty Fee | 4.50% | 7% |
| Advertising Fee | 1.50% | 2% |
| Year Founded | 1937 | 2013 |
| Year Franchised | 0 | 2014 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Krispy Kreme | Hurts Donut Company | |
| 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 | Hurts Donut Company | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Krispy Kreme | Hurts Donut Company | |
| 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 | Hurts Donut Company | |
| 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 | |
| Hurts Donut Company | |
| Franchise Fee | |
| Krispy Kreme | |
| Hurts Donut Company | |
| Royalty Fee | |
| Krispy Kreme | 4.50% |
| Hurts Donut Company | 7% |
| Advertising Fee | |
| Krispy Kreme | 1.50% |
| Hurts Donut Company | 2% |
| Year Founded | |
| Krispy Kreme | 1937 |
| Hurts Donut Company | 2013 |
| Year Franchised | |
| Krispy Kreme | 0 |
| Hurts Donut Company | 2014 |
| Term Of Agreement | |
| Krispy Kreme | |
| Hurts Donut Company | |
| Renewal Fee | |
| Krispy Kreme | |
| Hurts Donut Company | |
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. |
| Hurts Donut Company | |
Financing Options |
|
| Franchise Fees | |
| Krispy Kreme | |
| Hurts Donut Company | |
| Start-up Costs | |
| Krispy Kreme | |
| Hurts Donut Company | |
| Equipment | |
| Krispy Kreme} | |
| Hurts Donut Company | |
| Inventory | |
| Krispy Kreme | |
| Hurts Donut Company | |
| Receivables | |
| Krispy Kreme | |
| Hurts Donut Company | |
| Payroll | |
| Krispy Kreme | |
| Hurts Donut Company | |
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) |
| Hurts Donut Company | |
| 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 |
| Hurts Donut Company | |
| Marketing | |
| Krispy Kreme | |
| Hurts Donut Company | |
| Operations | |
| Krispy Kreme | |
| Hurts Donut Company | |
Expansion Plans |
|
| US Expansion | |
| Krispy Kreme | |
| Hurts Donut Company | 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 | |
| Hurts Donut Company | |
| International Expansion | |
| Krispy Kreme | |
| Hurts Donut Company | |