Krispy Kreme Doughnut
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If you are interested in a Krispy Kreme franchise opportunity, the Krispy Kreme Corporation has a stringent set of criteria for all prospective candidates. In order to be considered for a Krispy Kreme franchise opportunity, you must have enough capital to fund an entire market of Krispy Kreme stores. Each area developer is responsible for developing at least ten stores in each market. The Krispy Kreme Corporation requires a minimum net worth of $1,000,000 for each store to be developed. Interested applicants must also have significant operating and ownership experience, particularly in food service business.
In addition, applicants must have experience in food service operations in the specific market that they wish to work in. The Krispy Kreme Corporation also requires franchisees to sign an area contract in which they pledge to provide their best full-time efforts to ensure the success of their Krispy Kreme market.
As can be seen, Krispy Kreme is very serious about the quality of their franchisees. Though this may make it more difficult to be accepted as a franchise owner, it is also a testament to the serious outlook of the company as well as the likely success of an accepted franchisor.
A Krispy Kreme franchise opportunity is an attractive option for many potential entrepreneurs or investors. With more than three million doughnuts produced each day, Krispy Kreme is a thriving specialty retailer with a strong brand name and unique vertical production design.
Krispy Freme was founded in 1937 by a man named Vernon Rudolph. Rudolph brought a secret yeast-raised doughnut recipe from a French chef from New Orleans. With this recipe he started making doughnuts and selling them to local grocery stores. His doughnuts became so popular that he started selling them fresh, even cutting a whole in the wall to sell them from.
Over the years Krispy Kreme spread throughout the United States and is now a successful international franchise whose name is synonymous with delicious unique doughnuts and excellent coffee.
Krispy Kreme Doughnut Corporation has announced that it has signed additional development agreements with its Japanese franchisee, Krispy Kreme Doughnut Japan Co., Ltd. As part of the new agreement... » Read more
Krispy Kreme Doughnuts, Inc. has announced that Cindy Bay has been promoted to SVP of US Franchises and Company Stores, reporting to Jim Morgan, President and Chief Executive Officer. According ... » Read more
Krispy Kreme Doughnut Corporation announced at the end of September that its franchisee, KDN Company Limited, has opened the first Krispy Kreme doughnut shop in the Kingdom of Thailand. The new sto... » Read more
The Krispy Kreme Doughnut Corporation has announced that its franchisee, Dominspec, S.A. has opened the first Krispy Kreme doughnut shop in the Dominican Republic. According to the informaiton prov... » Read more
Krispy Kreme Doughnut Corporation has announced that its long-time franchise partner, KKD Lotte Holdings Company, Ltd., has opened the first Krispy Kreme doughnut shop in Shanghai, China. Shanghai ... » Read more
Krispy Kreme Doughnut Corporation has announced that it has awarded development rights to Hot Glazed Enchantment, Inc. for the development of five Krispy Kreme retail locations over the next three ... » Read more
The Krispy Kreme Doughnut Corporation announced last month that its franchisee, Almana Yiyecek Ve Icecek San. Ve. Tic, Ltd, STI (part of the Almana Group), has opened the first Krispy Kreme doughnu... » Read more
Krispy Kreme Doughnut