Multi-Unit Franchisee Magazine 2014 Multi-Unit Buyer's Guide | Page 58

MULTI-UNIT Buyer’s Guide FOOD OPPORTUNITY Description Demographics Our market research indicates that Krispy Kreme’s breadth of appeal extends across all major demographic groups, including age and income. An ideal trade area will have an ethnically diverse population of 50,000, traffic counts of 25,000 cars/day with major retail centers and schools in the area. Fast Franchise Facts Franchising Since: 1937 Multi-Unit Franchisee Operating Units: Total Franchise Operating Units: 736 Company Operating Units: 94 Capital Investment: $275,000 - $1,911,250 Franchise Fee (per unit): $50,000 Royalty Fee (per unit): 4.5% Advertising Fee (per unit): 1% Earnings Claims: Yes Founded in 1937, Krispy Kreme is an international retailer of premium-quality sweet treats, including its signature hot Original Glazed® doughnut. Headquartered in Winston-Salem, NC, the company has offered the highest-quality doughnuts and great-tasting coffee for more than 76 years. Today, Krispy Kreme and its one-ofa-kind Hot Light can be found in 800+ locations in 24 countries. The brand’s global mission is to touch and enhance lives through the joy that is Krispy Kreme. Rankings: •  Krispy Kreme has achieved 20 consecutive quarters of positive same store sales growth • Technomic suvey indicated that Krispy Kreme was the most craveable chain in North America Build-Out Options: Freestanding, conversions, end-cap with drive thrues, non traditional venues SITE LOCATION Assistance Available Territories: Northwest, Midwest, Southwest, & Northeast Krispy Kreme offers comprehensive support for all franchisees from the beginning of the site selection process through store opening. The brand also offers ongoing support for franchisees for all operating stores. Contact Patricia Perry VP, U.S. Franchise Development (336) 726-82444 [email protected] krispykremefranchise.com 56 MULTI-UNIT BUYER’S GUIDE 2014 Qualifications Krispy Kreme is seeking qualified multi unit operators who have a passion for the brand and the willingness to live out the brand’s mission. All candidates must have a successful track record of operating a successful multi unit business, a high level of commitment to customer service and a $300,000 liquidity for each store that will be developed.