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.
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 $30 million or $1,000,000 per store to be developed, whichever is greater. For instance, a 15-store market requires a minimum net worth of $30,000,000.
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.
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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