Golden Krust Caribbean Restaurant

Golden Krust Caribbean Restaurant

Jamaican food
FREE Franchise Guide!
2023 Franchise 500 Rank
N/R Not ranked last year
See the Full List
Initial investment
$213K - $676K
Units as of 2022
111 4% over 3 years

Here’s what you need to know if you’re interested in opening a Golden Krust Caribbean Restaurant franchise.

Golden Krust is a chain of restaurants that has been sharing the taste of the Caribbean since 1989. It strives to be known as the home of the world’s best-tasting patties, jerk chicken, and fresh, homemade soup. Founded by the Hawthorne family, it has gained popularity across the country.

In 1996, the Hawthornes began franchising the Golden Krust Carribean Restaurant. Today, more than 100 restaurants are operating in the United States. There are restaurants in California, Connecticut, District of Columbia, Florida, Georgia, Illinois, Maryland, Massachusetts, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Texas, and Virginia. 

Why You May Want to Start a Golden Krust Caribbean Restaurant Franchise

Golden Krust is the largest authentic maker of Caribbean cuisines. They've been in operation for over three decades and have a heritage of unmatched recipes. 

The Golden Krust team does its best to support its franchisees. They provide support through training, site selection, and assistance in selecting and purchasing or leasing equipment. The Golden Krust team will provide you with the recipe for the tasty food that has captured their customers over the years.

They also have partnered with third-party services to help franchisees cover expenses including the franchise fee and startup costs, among others.

What Might Make Golden Krust Caribbean Restaurant a Good Choice?

If you want to open up a Golden Krust Caribbean Restaurant, you should make sure you're financially ready for an initial investment including a franchise fee and potential startup costs. You should have enough capital available to cover potential costs. The initial investment will also include advertising fund contributions, training expenses, rent, signage, furniture and equipment, leasehold improvements, and the opening supplies. Franchisees may also need to meet the company's set net worth and liquid capital requirements.

Additionally, as you decide whether you wish to open a Golden Krust Caribbean Restaurant franchise, make sure you take time to explore the opportunity. Research the brand and your local area to see if a franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.

How to Open a Golden Krust Caribbean Restaurant Franchise

The process of owning a Golden Krust franchise is simple and direct. The first step is to express your interest in the opportunity by submitting your general inquiry. You will get the Golden Krust Franchise Disclosure Document for you to review and make an informed decision. 

After this, you may have an opportunity to meet the Golden Krust leadership team. They will address any questions you may have about the franchise and the details surrounding the Franchise Disclosure Document. If the brand chooses to move forward with you, you may be invited to attend the Golden Krust discovery day.

The discovery day may include a tour of the facility. You may then proceed with signing a franchise agreement if they extend the offer to you. The commitment you make will be for ten years, and renewing the contract is optional. As common with other restaurants, you will open a Golden Krust Caribbean Restaurant that provides a unique, fun-filled, and Caribbean-themed experience to your patrons.

Find Your Perfect Franchise

Company Overview

About Golden Krust Caribbean Restaurant

Parent Company
Golden Krust Franchising Inc.
Scott Harvey, CEO
Corporate Address
399 Knollwood Rd., #117
White Plains, NY 10603

Business Overview

Franchising Since
1996 (27 years)
# of employees at HQ
Where seeking

This company is offering new franchisees in the following US states: Connecticut, District of Columbia, Florida, Georgia, Illinois, Massachusetts, Maryland, North Carolina, New Jersey, New York, Pennsylvania, Texas

# of Units
111 (as of 2022)

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Golden Krust Caribbean Restaurant franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
Initial Investment
$212,600 - $675,900
Net Worth Requirement
Cash Requirement
Veteran Incentives
$10,000 off royalty and ad fees
Royalty Fee
Ad Royalty Fee
Term of Agreement
10 years
Is franchise term renewable?
Take Our Free Franchise Quiz!

Financing Options


Third Party Financing
Golden Krust Caribbean Restaurant has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
120 hours
Classroom Training
40 hours
Ongoing Support
Purchasing Co-ops
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
Website Development
Email Marketing
Loyalty Program/App


Additional details about running this franchise.

Is absentee ownership allowed?
Can this franchise be run from home/mobile unit?
Can this franchise be run part time?
# of employees required to run
Are exclusive territories available?
Take our quick quiz to find your ideal franchise

Interested in ownership opportunities like Golden Krust Caribbean Restaurant? Request a free consultation with a Franchise Advisor now.

Franchise 500 Ranking History

Compare where Golden Krust Caribbean Restaurant landed on this year’s Franchise 500 Ranking versus previous years.

Want to stay updated on the latest franchise news?

Never miss a beat when you sign up to receive our newsletter.

We care about the protection of your data. Read our Privacy Policy

Related Franchises

Are you eager to see what else is out there? Browse franchises that are similar to Golden Krust Caribbean Restaurant.


Coffee, doughnuts, baked goods

Clothes Mentor

Women's clothing and accessories resale stores

Related Franchise Content

Catch up on the latest franchise news, trends, and more.

McDonald's Tests New Product Packaging in Attempt to Go Green — And Eliminates This Familiar Feature

The chain aims to reduce its greenhouse gas emissions by 36% between 2015 and 2030.

Amanda Breen

How One Woman Turned Pandemic-Induced Boredom and a Makeshift Garage Art Studio Into a Thriving Franchise

Maya Ratcliff was searching for a hobby when she stumbled upon an art form that would ultimately change her life forever.

The Top 15 Home-Based and Mobile Franchises for 2023

For budding entrepreneurs looking to franchise without leaving the house, these concepts offer flexibility.

The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company’s legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022