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