Start-Up Costs and Fees |
||
| Krispy Kreme | Lox of Bagels | |
| Investment | 200500 - 4115000 | 135000 - 165000 |
| Franchise Fee | ||
| Royalty Fee | 4.50% | |
| Advertising Fee | 1.50% | |
| Year Founded | 1937 | 1986 |
| Year Franchised | 0 | 1995 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Krispy Kreme | Lox of Bagels | |
| 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 | Lox of Bagels | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Krispy Kreme | Lox of Bagels | |
| 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) | On-Site 4 Days |
| 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 800 Telephone Hotline |
| Marketing | ||
| Operations | Average Number of Employees: 3 Full-time, 3 Part-time Passive Ownership: Allowed | |
Expansion Plans |
||
| Krispy Kreme | Lox of Bagels | |
| 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 | Nationwide, | |
| International Expansion | Austria, Belgium, Canada, Denmark, England, Estonia, Finland, France, Georgia, Germany, Greece, Holland, Hungary, Iceland, Ireland, Italy, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Northern Ireland, Norway, Poland, Portugal, Romania, Russia, Scotland, Slovakia, Slovenia, Spain, Sweden, Switzerland, Turkey, Ukraine, United Kingdom, Wales |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Krispy Kreme | |
| Lox of Bagels | |
| Franchise Fee | |
| Krispy Kreme | |
| Lox of Bagels | |
| Royalty Fee | |
| Krispy Kreme | 4.50% |
| Lox of Bagels | |
| Advertising Fee | |
| Krispy Kreme | 1.50% |
| Lox of Bagels | |
| Year Founded | |
| Krispy Kreme | 1937 |
| Lox of Bagels | 1986 |
| Year Franchised | |
| Krispy Kreme | 0 |
| Lox of Bagels | 1995 |
| Term Of Agreement | |
| Krispy Kreme | |
| Lox of Bagels | 5 years +5 |
| Renewal Fee | |
| Krispy Kreme | |
| Lox of Bagels | |
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. |
| Lox of Bagels | |
Financing Options |
|
| Franchise Fees | |
| Krispy Kreme | |
| Lox of Bagels | |
| Start-up Costs | |
| Krispy Kreme | |
| Lox of Bagels | |
| Equipment | |
| Krispy Kreme} | |
| Lox of Bagels | |
| Inventory | |
| Krispy Kreme | |
| Lox of Bagels | |
| Receivables | |
| Krispy Kreme | |
| Lox of Bagels | |
| Payroll | |
| Krispy Kreme | |
| Lox of Bagels | |
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) |
| Lox of Bagels | On-Site 4 Days |
| 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 |
| Lox of Bagels | Field Operation Evaluation Field Training Initial Store Opening Inventory Control 800 Telephone Hotline |
| Marketing | |
| Krispy Kreme | |
| Lox of Bagels | |
| Operations | |
| Krispy Kreme | |
| Lox of Bagels | Average Number of Employees: 3 Full-time, 3 Part-time Passive Ownership: Allowed |
Expansion Plans |
|
| US Expansion | |
| Krispy Kreme | |
| Lox of Bagels | 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 | |
| Lox of Bagels | Nationwide, |
| International Expansion | |
| Krispy Kreme | |
| Lox of Bagels | Austria, Belgium, Canada, Denmark, England, Estonia, Finland, France, Georgia, Germany, Greece, Holland, Hungary, Iceland, Ireland, Italy, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Northern Ireland, Norway, Poland, Portugal, Romania, Russia, Scotland, Slovakia, Slovenia, Spain, Sweden, Switzerland, Turkey, Ukraine, United Kingdom, Wales |