Start-Up Costs and Fees |
||
| Krispy Kreme | Mrs. Powell's Bakery Eatery | |
| Investment | 200500 - 4115000 | 125000 - 160000 |
| Franchise Fee | ||
| Royalty Fee | 4.50% | 5% |
| Advertising Fee | 1.50% | 3% |
| Year Founded | 1937 | 1984 |
| Year Franchised | 0 | 1986 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Krispy Kreme | Mrs. Powell's Bakery Eatery | |
| 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 | Mrs. Powell's Bakery Eatery | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Krispy Kreme | Mrs. Powell's Bakery Eatery | |
| 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) | 1. Head Office 1 Week 2. Franchised Store 1 Week 3. Own Store 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 | Field Operation Evaluation Field Training Initial Store Opening Inventory Control Franchisee Newsletter Regional or National Meetings: At Additional Cost |
| Marketing | ||
| Operations | Average Number of Employees: 2 Full-time, 4 Part-time Passive Ownership: Allowed, But Discouraged | |
Expansion Plans |
||
| Krispy Kreme | Mrs. Powell's Bakery Eatery | |
| 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 | |
| Mrs. Powell's Bakery Eatery | |
| Franchise Fee | |
| Krispy Kreme | |
| Mrs. Powell's Bakery Eatery | |
| Royalty Fee | |
| Krispy Kreme | 4.50% |
| Mrs. Powell's Bakery Eatery | 5% |
| Advertising Fee | |
| Krispy Kreme | 1.50% |
| Mrs. Powell's Bakery Eatery | 3% |
| Year Founded | |
| Krispy Kreme | 1937 |
| Mrs. Powell's Bakery Eatery | 1984 |
| Year Franchised | |
| Krispy Kreme | 0 |
| Mrs. Powell's Bakery Eatery | 1986 |
| Term Of Agreement | |
| Krispy Kreme | |
| Mrs. Powell's Bakery Eatery | 10 Years +10 |
| Renewal Fee | |
| Krispy Kreme | |
| Mrs. Powell's Bakery Eatery | |
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. |
| Mrs. Powell's Bakery Eatery | |
Financing Options |
|
| Franchise Fees | |
| Krispy Kreme | |
| Mrs. Powell's Bakery Eatery | |
| Start-up Costs | |
| Krispy Kreme | |
| Mrs. Powell's Bakery Eatery | |
| Equipment | |
| Krispy Kreme} | |
| Mrs. Powell's Bakery Eatery | |
| Inventory | |
| Krispy Kreme | |
| Mrs. Powell's Bakery Eatery | |
| Receivables | |
| Krispy Kreme | |
| Mrs. Powell's Bakery Eatery | |
| Payroll | |
| Krispy Kreme | |
| Mrs. Powell's Bakery Eatery | |
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) |
| Mrs. Powell's Bakery Eatery | 1. Head Office 1 Week 2. Franchised Store 1 Week 3. Own Store 1 Week |
| 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 |
| Mrs. Powell's Bakery Eatery | Field Operation Evaluation Field Training Initial Store Opening Inventory Control Franchisee Newsletter Regional or National Meetings: At Additional Cost |
| Marketing | |
| Krispy Kreme | |
| Mrs. Powell's Bakery Eatery | |
| Operations | |
| Krispy Kreme | |
| Mrs. Powell's Bakery Eatery | Average Number of Employees: 2 Full-time, 4 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
|
| US Expansion | |
| Krispy Kreme | |
| Mrs. Powell's Bakery Eatery | 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 | |
| Mrs. Powell's Bakery Eatery | |
| International Expansion | |
| Krispy Kreme | |
| Mrs. Powell's Bakery Eatery | |