Krispy Kreme Donut Franchises
As appealing as Krispy Kreme Donut Franchises
may sound to you, they may actually be impossible to build. Why?
Because, in certain countries, the franchise is no longer allowed, the
market being as saturated as they will allow it to be. You may want to
do this as a business but you may not have a choice in the matter if
you are in one of these countries.
The countries where all positions have been filled are the United States, Australia and Canada.
Applications are no longer being accepted in these three countries. If
you live in those countries, you will have to look for some other donut
franchise. Or perhaps pick a different market altogether.
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However, if you live in Asia, Mexico or Europe you can still go about
applying for a Krispy Kreme Donut Franchise. There are several criteria
needed in order to qualify. First: You need to currently own a multi-unit food service or have past ownership and experience at operating them.
Second: You cannot just open one unit. You must open at
least 10 units in a particular market. You will need a substantial net
worth. At least $30,000,000 for a minimum amount.
Third: You will need to be very familiar with the
proposed market and be willing to add more units in the future. Your
full time effort will be needed in this venture.
If you meet the qualifications and still want to submit an application you need to send the following:
- Resume of yourself and any partners
- Information on the units you currently or previously owned
- Show that you have sufficient capital to develop the market
- Proof that you have the minimum net worth
Send the information along with the market you wish to acquire to:
Krispy Kreme Doughnut Corp
Executive Vice President
Worldwide Development
370 Knollwood St, Ste 500
Winston-Salem, NC 27103 USA
Small Business Franchises
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