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INTERESTED IN A KRISPY KREME FRANCHISE? HERE ARE THE CRITERIA FOR ALL
CANDIDATES
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Applicants must have current ownership and operating experience or previous
ownership and operating experience of multi-unit food service operations in
the market that you desire to develop.
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Our franchisees must possess the capital sufficient to fund the development
of the market. We currently grant franchises on an area development basis.
Specifically, our area developers are required to build multiple stores (10
or more) in a market. The minimum net worth requirement is $5 million or
$750,000 per store to be developed, whichever is greater. For instance, a
15-store market requires a minimum net worth of $11,250,000.
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Area developers must have substantial familiarity with the market proposed
for development and be willing to develop multiple units over a period of
time. In addition, they must be willing to diligently exert full-time best
efforts in performing their obligations under the area development
agreement.
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DO YOU MEET OUR QUALIFICATIONS? PLEASE SEND ALL OF THE FOLLOWING TO US:
1) A complete resume of any and all partners.
2) Information on the existing multi-unit food service operations that
you currently own and
operate or previously owned and operated.
3) Verification of sufficient capital to warrant developing the market.
4) Evidence of meeting the minimum net worth requirement.
PLEASE SEND ALL INFORMATION ALONG WITH A LETTER OUTLINING THE MARKET YOU
DESIRE TO DEVELOP TO THE FOLLOWING ADDRESS:
Krispy Kreme Doughnut Corporation
Executive Vice President
Worldwide Development
370 Knollwood Street, Suite 500
Winston-Salem, NC 27103 USA
We appreciate your understanding that we are unable to respond to all
letters regarding franchise information. Therefore, should development be
considered in your country, and you meet the basic requirements, you will be
contacted at that time for further discussion. We are only able to respond
to inquiries, which strictly meet the criteria. We sincerely appreciate your
interest in Krispy Kreme.
Please be advised that all inquiries must be directed to our franchise department
in the Krispy Kreme corporate office in Winston-Salem, NC. We do
not grant franchise rights or explore joint venture agreements without
meeting potential franchisees in person. For additional information
or to inquire about available markets, please call 1-800-4KRISPY.
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