Start-Up Costs and Fees |
||
| Lox of Bagels | Krispy Kreme | |
| Investment | 135000 - 165000 | 200500 - 4115000 |
| Franchise Fee | ||
| Royalty Fee | 4.50% | |
| Advertising Fee | 1.50% | |
| Year Founded | 1986 | 1937 |
| Year Franchised | 1995 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Lox of Bagels | 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 |
||
| Lox of Bagels | Krispy Kreme | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Lox of Bagels | Krispy Kreme | |
| Training | On-Site 4 Days | *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 | Field Operation Evaluation Field Training Initial Store Opening Inventory Control 800 Telephone Hotline | *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 | Average Number of Employees: 3 Full-time, 3 Part-time Passive Ownership: Allowed | |
Expansion Plans |
||
| Lox of Bagels | 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 | 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 | |
| Lox of Bagels | |
| Krispy Kreme | |
| Franchise Fee | |
| Lox of Bagels | |
| Krispy Kreme | |
| Royalty Fee | |
| Lox of Bagels | |
| Krispy Kreme | 4.50% |
| Advertising Fee | |
| Lox of Bagels | |
| Krispy Kreme | 1.50% |
| Year Founded | |
| Lox of Bagels | 1986 |
| Krispy Kreme | 1937 |
| Year Franchised | |
| Lox of Bagels | 1995 |
| Krispy Kreme | 0 |
| Term Of Agreement | |
| Lox of Bagels | 5 years +5 |
| Krispy Kreme | |
| Renewal Fee | |
| Lox of Bagels | |
| Krispy Kreme | |
Business Experience Requirements |
|
| Experience | |
| Lox of Bagels | |
| 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 | |
| Lox of Bagels | |
| Krispy Kreme | |
| Start-up Costs | |
| Lox of Bagels | |
| Krispy Kreme | |
| Equipment | |
| Lox of Bagels} | |
| Krispy Kreme | |
| Inventory | |
| Lox of Bagels | |
| Krispy Kreme | |
| Receivables | |
| Lox of Bagels | |
| Krispy Kreme | |
| Payroll | |
| Lox of Bagels | |
| Krispy Kreme | |
Training & Support |
|
| Training | |
| Lox of Bagels | On-Site 4 Days |
| 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 | |
| Lox of Bagels | Field Operation Evaluation Field Training Initial Store Opening Inventory Control 800 Telephone Hotline |
| 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 | |
| Lox of Bagels | |
| Krispy Kreme | |
| Operations | |
| Lox of Bagels | Average Number of Employees: 3 Full-time, 3 Part-time Passive Ownership: Allowed |
| Krispy Kreme | |
Expansion Plans |
|
| US Expansion | |
| 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 |
| Krispy Kreme | |
| Canada Expansion | |
| Lox of Bagels | Nationwide, |
| Krispy Kreme | |
| International Expansion | |
| 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 |
| Krispy Kreme | |