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, Tunnel Oven Shops, and Fresh Shops. Franchises are also offered for Commissary Facilities that produce doughnut products for Tunnel Oven Shops and Fresh Shops.
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. They have been offering franchises since the 1950s.
Investment
The total initial investment necessary to begin operation ranges from $1,287,500 to $2,450,000 for a Factory Store; $558,500 to $1,150,250 for a Tunnel Oven Shop; $440,500 to $963,000 for a Fresh Shop; and $1,617,500 to $4,115,000 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 Tunnel Oven Shop, $91,000 to $134,000; for a Fresh Shop, $30,000 to $33,000; and for a Commissary Facility, $355,000 to $1,070,000.