Krispy Kreme Doughnut Corp.

Krispy Kreme Doughnut Corp.

Doughnuts, coffee
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2022 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$275K - $1.9M
Units as of 2016
1,172 48.5% over 3 years

Company Overview

Headquartered in Winston-Salem, NC, Krispy Kreme has been selling coffee and sweet treats, including its signature hot Original Glazed doughnut, since 1937. Today, Krispy Kreme can be found in over 1,000 shops around the world.

About Krispy Kreme Doughnut Corp.

Industry
Food
Related Categories
Baked Goods, Doughnuts
Founded
1937
Leadership
Tony Thompson, CEO

Franchising Overview

Franchising Since
1947 (75 years)
# of employees at HQ
300
Where seeking

This company is seeking new franchisees in the following US states:

This company is seeking new franchisees in the following international regions:

# of Units
1,172 (as of 2016)

Franchisor Information

Social
Facebook, Twitter
Corporate Address
370 Knollwood St., #500
Winston-Salem, NC 27103

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Krispy Kreme Doughnut Corp. 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
$12,500 - $25,000
Initial Investment
$275,000 - $1,911,250
Cash Requirement
$300,000 - $3,000,000
Royalty Fee
4.5%
Ad Royalty Fee
1.5%
Term of Agreement
15 years
Is franchise term renewable?
Yes
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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing
Krispy Kreme Doughnut Corp. offers in-house financing to cover the following: equipment
Third Party Financing
Krispy Kreme Doughnut Corp. has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory

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
65 days
Classroom Training
15 days
Additional Training
At training stores
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Marketing Support
National Media
Regional Advertising

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
Are exclusive territories available?
Yes
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Franchise 500 Ranking History

Compare where Krispy Kreme Doughnut Corp. landed on this year’s Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021