Krispy kreme Application Forms - Page 2

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Commonly Asked Questions about Krispy kreme Application Forms

What are the requirements to open a Krispy Kreme?

Krispy Kreme Franchise Requirements Initial Franchise Fee: $12,500 - $25,000. Initial Investment Range: $275,000 - $1,911,250. Liquid Capital: $300,000 - $3,000,000. Royalty Fee: 4.5% Ad Royalty Fee: 1.5% Term of Agreement: 15 years.

Does Krispy Kreme provide training?

Now is the time to achieve more and take your career further with Krispy Kreme. The Division Training Manager is responsible for coaching, teaching, training and following-up on all managers, trainers, and all hourly training programs for stores.

What are the disadvantages of owning a Krispy Kreme franchise?

Disadvantages of Owning a Krispy Kreme One of the largest downsides to owning a Krispy Kreme is the sheer competition that your franchise will face. As a donut and coffee shop, Krispy Kreme competes against brands like Dunkin Donuts, Duck Donuts, Shipleys, and similar brands.

What skills do you need to work at Krispy Kreme?

You have exceptional customer service skills- we want you to enjoy interacting with our customers. You also communicate clearly. And you have basic mathematical and literacy skills, in order to handle various sums of money. If you have a high school diploma, even better.

How much does a Krispy Kreme franchise owner make a year?

We estimate that the average Krispy Kreme franchise makes $130,000 in profits per year (16% EBITDA margin).

How much does it cost to open a Krispy Kreme?

The initial investments to opening a Krispy Kreme franchise ranges from $275,000 to $1,911,250. Krispy Kreme franchise applicants must have financial resources to fund multi-unit store development plans including $300,000 in liquid assets. Company-owned locations improved 5.2% to mark the third straight year.