WOOPS! vs Krispy Kreme Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of WOOPS! vs Krispy Kreme including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  WOOPS! Krispy Kreme
Investment 58875 - 390675 200500 - 4115000
Franchise Fee
Royalty Fee 4% 4.50%
Advertising Fee 1.50%
Year Founded 2012 1937
Year Franchised 2015 0
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  WOOPS! Krispy Kreme
Experience While you do not need baking experience to franchise with Woops!, we recommend that you have a proven track record of managerial experience, an entrepreneurial spirit and the drive to follow our proven business model as you bring Woops! to your community. *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
  WOOPS! Krispy Kreme
 
Franchise Fees
Start-up Costs
Equipment Yes
Inventory
Receivables
Payroll

Training & Support
  WOOPS! Krispy Kreme
Training On-The-Job Training: 240 hours *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 Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform *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 Ad Templates Social media SEO Website development Email marketing Loyalty program/app
Operations

Expansion Plans
  WOOPS! 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
WOOPS!
Krispy Kreme
Franchise Fee
WOOPS!
Krispy Kreme
Royalty Fee
WOOPS! 4%
Krispy Kreme 4.50%
Advertising Fee
WOOPS!
Krispy Kreme 1.50%
Year Founded
WOOPS! 2012
Krispy Kreme 1937
Year Franchised
WOOPS! 2015
Krispy Kreme 0
Term Of Agreement
WOOPS!
Krispy Kreme
Renewal Fee
WOOPS!
Krispy Kreme


Business Experience Requirements
Experience
WOOPS! While you do not need baking experience to franchise with Woops!, we recommend that you have a proven track record of managerial experience, an entrepreneurial spirit and the drive to follow our proven business model as you bring Woops! to your community.
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
WOOPS!
Krispy Kreme
Start-up Costs
WOOPS!
Krispy Kreme
Equipment
WOOPS!}
Krispy Kreme
Inventory
WOOPS!
Krispy Kreme
Receivables
WOOPS!
Krispy Kreme
Payroll
WOOPS!
Krispy Kreme

Training & Support
Training
WOOPS! On-The-Job Training: 240 hours
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
WOOPS! Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform
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
WOOPS! Ad Templates Social media SEO Website development Email marketing Loyalty program/app
Krispy Kreme
Operations
WOOPS!
Krispy Kreme

Expansion Plans
US Expansion
WOOPS! 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
WOOPS!
Krispy Kreme
International Expansion
WOOPS!
Krispy Kreme