Business Description

LAMAR'S DONUTS is a rapidly growing chain of retail donut shops, founded in Kansas City, specializing in 53 varieties of handmade donuts and specialties since 1933, served in an atmosphere rich in hospitality and authenticity. A K.C. institution and Chamber of Commerce tourist attraction, LAMAR's has received acclaim nationwide, creating what critics call "the perfect donut."

Franchisor Background

Year Established:  1933

Franchising Since:  1993

Operating Units:
Franchised Units:	25	89.3%
Company-Owned Units:	3	10.7%
Total Operating Units:	28	100.0%
Geographic Distribution: U.S.: 28 100% In 7 States Canada: 0 0% In 0 Canadian Provinces International: 0 0% In 0 Foreign Countries   Total: 28 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. Colorado	11
2. Missouri	8
3. All United States	0

Registered in Following Registration States: Florida

Financial Requirements

Investment:
Minimum Net Worth:	$350K
Cash Investment:	$150K
Total Investment:	$300-400K
Average Total Investment:	$350K
Fees:
Initial Franchise Fee:	$28.5K
Average Franchise Fee:	$28K
On-Going Royalty:	5%
Average Royalty:	5%
Advertising Fee:	4.5%

Average Number of Employees: 4-6 Full-time, 5-10 Part-time

Space Needs (in square footage): 2,000

Preferred Sites: Free-standing Building, Storefront, Strip Center

Other Sites: KI

Encourage Conversions? Yes

Earnings Claims Provided?: No

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	4
General Business Experience:	5
Specific Industry Experience:	3
Formal Education:	2
Psychological Profile:	3
Personal Interview(s):	5
Terms of Contract
Term of Initial Contract:	10 Year(s)
Term of Renewal Period:	10 Year(s)
Passive Ownership:	Allowed
Area Development Agreements?	Yes, for 1 Year(s)
Sub-Franchising Contracts?	Yes
Franchisees Allowed to Expand Within Territory?	Yes
Support and Training
International Franchise Association:	Yes
Canadian Franchise Association:	No
Franchisee Association/Member:	No
Size of Corporate Staff:	10
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	Yes
Financial Assistance?	Yes, Direct
Marketing Support:
Co-Op Advertising:	Yes
National Advertising:	No
Regional Advertising:	No
Local Advertising:	No
Marketing Materials:	None Specified
Additional Services:	None Specified
Other Marketing Support:	None Specified
On-Going Support:
Central Data Processing:	At Additional Cost
Central Purchasing:	At Additional Cost
Field Operation Evaluation:	Included in Fees
Field Training:	Included in Fees
Initial Store Opening:	Included in Fees
Inventory Control:	Included in Fees
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	Included in Fees
800 Telephone Hotline:	Included in Fees
Training:
1. Training Store in Colorado	3-4 Weeks
2. On-Site in Franchise Store	1 Week
Expansion Plans
Projected New Units Over Next 12 months: 4-6 U.S.: Yes, Central, Midwest, West Canada: No Overseas: No	Request Franchisor Info   Submit an online form to receive information from LaMar's Donuts.