Krispy Kreme FDD Summary
Type of Business
Krispy Kreme Stores offer and serve a variety of doughnuts, beverages, and other related products and services. Franchises for Krispy Kreme Stores are offered in 3 different Store formats: Factory Stores, Hot Shops, and Fresh Shops/Kiosks. Franchises are also offered for Commissary Facilities that produce doughnut products for Hot Shops and Fresh Shops/Kiosks.
Corporate Information
Krispy Kreme Doughut Corporation was founded in l937 by Vernon Rudolph and has been in the doughnut and coffee business continuously in various corporate forms since that time. Krispy Kreme is a North Carolina corporation incorporated in 1947 and re-incorporated in North Carolina on January 11, 1982. Their principal business address is 370 Knollwood Street, Winston-Salem, North Carolina 27103.
Investment
The total initial investment necessary to begin operation ranges from $933,000 to $1,911,250 for a Factory Store; $345,000 to $1,070,250 for a Hot Shop; $275,000 to $582,000 for a Fresh Shop/Kiosk; and $859,000 to $3,631,250 for a Commissary Facility. These totals include the following amounts that must be paid to the franchisor as initial fees and for a variety of goods and services, as follows: for a Factory Store, $355,000 to $580,000; for a Hot Shop, $91,000 to $134,000; for a Fresh Shop/Kiosk, $30,000 to $33,000; and for a Commissary Facility, $355,000 to $1,070,000.