Start-Up Costs and Fees |
||
| Hurts Donut Company | Krispy Kreme | |
| Investment | 553000 - 1076000 | 200500 - 4115000 |
| Franchise Fee | ||
| Royalty Fee | 7% | 4.50% |
| Advertising Fee | 2% | 1.50% |
| Year Founded | 2013 | 1937 |
| Year Franchised | 2014 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Hurts Donut Company | 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 |
||
| Hurts Donut Company | Krispy Kreme | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Hurts Donut Company | 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 |
||
| Hurts Donut Company | 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 | |
| Hurts Donut Company | |
| Krispy Kreme | |
| Franchise Fee | |
| Hurts Donut Company | |
| Krispy Kreme | |
| Royalty Fee | |
| Hurts Donut Company | 7% |
| Krispy Kreme | 4.50% |
| Advertising Fee | |
| Hurts Donut Company | 2% |
| Krispy Kreme | 1.50% |
| Year Founded | |
| Hurts Donut Company | 2013 |
| Krispy Kreme | 1937 |
| Year Franchised | |
| Hurts Donut Company | 2014 |
| Krispy Kreme | 0 |
| Term Of Agreement | |
| Hurts Donut Company | |
| Krispy Kreme | |
| Renewal Fee | |
| Hurts Donut Company | |
| Krispy Kreme | |
Business Experience Requirements |
|
| Experience | |
| Hurts Donut Company | |
| 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 | |
| Hurts Donut Company | |
| Krispy Kreme | |
| Start-up Costs | |
| Hurts Donut Company | |
| Krispy Kreme | |
| Equipment | |
| Hurts Donut Company} | |
| Krispy Kreme | |
| Inventory | |
| Hurts Donut Company | |
| Krispy Kreme | |
| Receivables | |
| Hurts Donut Company | |
| Krispy Kreme | |
| Payroll | |
| Hurts Donut Company | |
| Krispy Kreme | |
Training & Support |
|
| Training | |
| Hurts Donut Company | |
| 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 | |
| Hurts Donut Company | |
| 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 | |
| Hurts Donut Company | |
| Krispy Kreme | |
| Operations | |
| Hurts Donut Company | |
| Krispy Kreme | |
Expansion Plans |
|
| US Expansion | |
| Hurts Donut Company | 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 | |
| Hurts Donut Company | |
| Krispy Kreme | |
| International Expansion | |
| Hurts Donut Company | |
| Krispy Kreme | |