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About Krispy Kreme

Termination

Fees

Krispy Kreme is a global doughnut company based in Winston-Salem, North Carolina. It was founded on July 13th, 1937 and now it has over around 1,200 locations worldwide.

A Krispy Kreme franchisee can be terminated if they do not pay thier fees and royalties, and the Franchisee will be required to remove all Krispy Kreme signs and brands from the location within 30 days.

Running a Krispy Kreme will cost a lot of money, including some Fees. Krispy Kreme has a startup fee of $12,000 - $25,000 and mothly royalties of 4.5% of net sales.

Initial Investment

The initial investment fee for Krispy Kreme covers construction, equipment, and training. The initial inventory is supplied to the Franchisee. All restocks after that must be purchased by the Franchisee from specific suppliers, and all purchases must first be approved.

Who can own a Krispy Kreme?

To own a Krispy Kreme, the interested person must have a net worth of $2,000,000 or over, be willing to pay $275,000 - $1.9m for the investment fee, or be a heir to a current Franchisee.

Bibliography

-http://www.krispykremefranchise.com/us/financial-requirements.php

-https://www.franchisehelp.com/franchises/krispy-kreme/

-http://www.franchise.org/krispy-kreme-doughnut-corporation-franchise

Fun Facts

- Krispy Kreme is well known for its coffee too.

- They can make doughnut wedding cakes.

- Krispy Kreme sells about 850,000 dozen doughnuts a year. That is around 10.2m doughnuts.

- In 22 seconds, Krispy Kreme stores aorund the world will produce enough doughnuts to stack as tall as the Empire State Building.

- Krispy Kreme uses enough chocolate icing to fill 5 olympic swimming pools every year.

- Early Krispy Kreme locations made pizza also.

Krispy Kreme Franchise

Brody Capps

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