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