Krispy Kreme first opened its door in 1937 by Vernon Rudolph. Vernon began his journey when he bought a special yeast doughnut recipe from a New Orleans French chef. Once he had the recipe in hand, he began selling fresh doughnuts in a local grocery store, and the rest is history. Today, Krispy Kreme is an international business and franchise with hundreds of thousands of doughnut shops all over the world. Krispy Kreme fans are loyal customers and can never get enough of their freshly made, delicious doughnuts.
Krispy Kreme has over 65 years of experience with international franchise operations. The Krispy Kreme name is one of the most well-known and loved franchises in the food industry. Today, about 70% of all KK store locations and franchises are located outside of the United States.
Krispy Kreme Franchise Products
- Doughnuts – original glazed doughnut and various specialty doughnuts
- Freshly brewed signature coffee and specialty coffee drinks – lattes, flavored lattes, cappuccinos, iced coffees, and frozen coffee drinks
- Drinks – hot chocolate and frozen blended drinks
- Kool Kreme – doughnut sundaes and ice cream cones
- Oatmeal
- Plain and flavored bagels
Krispy Kreme Franchise Details
Franchise owners will have to consider the following costs:
- Cost of real estate for the building they want to open a KK in
- Size and the type of store
- Construction costs for the store
- Labor and operating expenses
- Cost and availably of local ingredients and potential importation costs
More About The Franchise
Max’s Group, the savvy folks behind the iconic Max’s restaurant chain, holds the master franchise for Krispy Kreme in the Philippines. And guess what? They’re not passing the donut torch anytime soon! 🙌
Here’s the sweet scoop:
- Expansion Goals: Krispy Kreme has its eyes set on a hundred stores across the archipelago. But here’s the twist—all these stores will be company-owned. No sub-franchising shenanigans here! 🏢
- No Timetable, No Problem: While they haven’t set a specific timeline or capital outlay for this grand plan, the donut gods are smiling. Imagine a hundred Krispy Kreme havens sprinkled across malls, street corners, and daydreams. 🌟
- Quality Control: Max’s Group’s area managers will personally sashay into your store, ensuring that each glazed ring and cruller meets the divine standards. So, rest assured, your donut game will be on point! 🤝
In a nutshell: If you’re dreaming of a donut empire, Krispy Kreme is your golden ticket. Just remember, it’s not just about doughnuts—it’s about sprinkling joy, one glazed bite at a time! 🎉1
For those craving the nitty-gritty details, here’s the secret recipe…
The Franchise Fee and Investment
- Initial Franchise Fee: Ranges from PHP 498,000 to PHP 1,245,000.
- Additional Franchise Fee: Varies based on store type (Flagship Factory Store, Fresh Shop, or Kiosk).
- Estimated Investment: A doughy PHP 5M-7M.
- Outlet Term: A cozy 3 years.
- Royalty Fee: 4.5% (because even donuts pay royalties).
- Marketing Fee: 5% (because donuts need PR too).
Remember, my fellow donut enthusiasts, this isn’t just a franchise—it’s a sprinkle-covered adventure! 🍩
Krispy Kreme Franchise Start-Up Process
KK provides all of the training and support a franchise owner will need to begin their journey as a KK owner. KK helps with all aspect of opening a storefront or kiosk. Areas KK help franchise owners are:
- Business strategy
- Market planning
- Site selection
- Store design
- Production planning & execution
- Beverage/coffee production
- Retail operations
- Crew member training
- Hospitality
- Equipment maintenance
- Marketing
Initially, KK will provide owners with a series of training sessions in one of their international locations. It is a one-week training program that must be taken by franchise owners before they open their first store. Additionally, the concept general manager and the store manager are required to complete a separate training program that lasts 12 weeks. The training process includes classroom learning, hands-on experience in a store environment, experience making doughnuts, food, and drinks, learning how to provide the best customer service and more.
Contact Details
Website: http://www.krispykremefranchise.com/intl/sweet-advantage.php
Facebook Page: https://www.facebook.com/KrispyKreme
Twitter: https://twitter.com/krispykreme
Email: KKGuest@krispykreme.com
Phone Number: 1-800-457-4479
Address: P.O. Box 83 Winston-Salem, NC 27102
Alternatives in the Phillipines
Alternatives to Krispy Kreme do exist. Mister Donut, Dunkin Donut, Mini Donut, Happy-Haus Donut franchises in the Phillipines are also worthwile to take a look into since the costs may be much lower.
