Start-Up Costs and Fees |
||
| NYC Bagel & Sandwich Shop | Krispy Kreme | |
| Investment | 119000 - 208000 | 200500 - 4115000 |
| Franchise Fee | ||
| Royalty Fee | 5% | 4.50% |
| Advertising Fee | $300 - $600 | 1.50% |
| Year Founded | 0 | 1937 |
| Year Franchised | 0 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| NYC Bagel & Sandwich Shop | 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 |
||
| NYC Bagel & Sandwich Shop | Krispy Kreme | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| NYC Bagel & Sandwich Shop | Krispy Kreme | |
| Training | Full training from stocking your store, helping with employees and management to showing how to prepare every item on the menu | *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 | NYC Bagel & Sandwich Shop has a 24/7 support system in place and does a full training from stocking your store, helping with employees and management to showing how to prepare every item on the menu, POS support and even stays during the opening period to be on-site for additional help/support. Corporate also follows back up with each location often to ensure food product is going out correctly and to assist with further questions in your location. The NYC Bagel Franchise also has an additional training program for all franchisees after opening their location to go over and refresh on any or all food product, recipes or formulas. | *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 | NYC Bagel & Sandwich Shop Corporate helps create all social media to help market and cater to certain areas as well as other online campaigns to help better each individual location. | |
| Operations | ||
Expansion Plans |
||
| NYC Bagel & Sandwich Shop | 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 | |
| NYC Bagel & Sandwich Shop | |
| Krispy Kreme | |
| Franchise Fee | |
| NYC Bagel & Sandwich Shop | |
| Krispy Kreme | |
| Royalty Fee | |
| NYC Bagel & Sandwich Shop | 5% |
| Krispy Kreme | 4.50% |
| Advertising Fee | |
| NYC Bagel & Sandwich Shop | $300 - $600 |
| Krispy Kreme | 1.50% |
| Year Founded | |
| NYC Bagel & Sandwich Shop | 0 |
| Krispy Kreme | 1937 |
| Year Franchised | |
| NYC Bagel & Sandwich Shop | 0 |
| Krispy Kreme | 0 |
| Term Of Agreement | |
| NYC Bagel & Sandwich Shop | |
| Krispy Kreme | |
| Renewal Fee | |
| NYC Bagel & Sandwich Shop | |
| Krispy Kreme | |
Business Experience Requirements |
|
| Experience | |
| NYC Bagel & Sandwich Shop | |
| 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 | |
| NYC Bagel & Sandwich Shop | |
| Krispy Kreme | |
| Start-up Costs | |
| NYC Bagel & Sandwich Shop | |
| Krispy Kreme | |
| Equipment | |
| NYC Bagel & Sandwich Shop} | |
| Krispy Kreme | |
| Inventory | |
| NYC Bagel & Sandwich Shop | |
| Krispy Kreme | |
| Receivables | |
| NYC Bagel & Sandwich Shop | |
| Krispy Kreme | |
| Payroll | |
| NYC Bagel & Sandwich Shop | |
| Krispy Kreme | |
Training & Support |
|
| Training | |
| NYC Bagel & Sandwich Shop | Full training from stocking your store, helping with employees and management to showing how to prepare every item on the menu |
| 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 | |
| NYC Bagel & Sandwich Shop | NYC Bagel & Sandwich Shop has a 24/7 support system in place and does a full training from stocking your store, helping with employees and management to showing how to prepare every item on the menu, POS support and even stays during the opening period to be on-site for additional help/support. Corporate also follows back up with each location often to ensure food product is going out correctly and to assist with further questions in your location. The NYC Bagel Franchise also has an additional training program for all franchisees after opening their location to go over and refresh on any or all food product, recipes or formulas. |
| 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 | |
| NYC Bagel & Sandwich Shop | NYC Bagel & Sandwich Shop Corporate helps create all social media to help market and cater to certain areas as well as other online campaigns to help better each individual location. |
| Krispy Kreme | |
| Operations | |
| NYC Bagel & Sandwich Shop | |
| Krispy Kreme | |
Expansion Plans |
|
| US Expansion | |
| NYC Bagel & Sandwich Shop | 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 | |
| NYC Bagel & Sandwich Shop | |
| Krispy Kreme | |
| International Expansion | |
| NYC Bagel & Sandwich Shop | |
| Krispy Kreme | |