Golden Krust Caribbean Bakery and Grill
- Golden Krust Franchising, Inc.
3958 Park Ave.
Bronx, NY 10457
Golden Krust Caribbean Bakery & Grill exists to provide the taste of the Caribbean to the world. We are dedicated to achieving success by forming a true partnership with our franchisees. Golden Krust will guide you the franchisee in all of the critical decisions involved in starting your business.
Franchisor Background
Year Established: 1995
Franchising Since: 1996
Operating Units
| Franchised Units |
108 |
96.4% |
| Company-Owned Units |
4 |
3.6% |
| Total Operating Units |
112 |
100% |
Geographic Distribution
| USA |
112 |
100.0% |
In 8 States
|
| Canada |
0 |
0.0% |
In 0 Provinces
|
| International |
0 |
0.0% |
In 0 Foreign Countries
|
| Total |
112 |
100% |
|
Multi-Unit Operators
| Multi-Unit Operators |
N/A |
| Franchises Owned by Multi-Unit Operators |
N/A |
North American Unit Density
| Density |
Units |
| New York |
71 |
| Florida |
22 |
| New Jersey |
8 |
Registered in the following Registration States
(not registered in any registration states)
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Support and Training
General Information
| IFA Member |
No |
| CFA Member |
No |
| Franchisee Association? |
Yes, is a member |
| Size of Corporate Staff |
N/A |
Site Selection
Assistance |
Yes |
| Lease Negotiation Assistance |
Yes |
| Financial Assistance |
Yes, Direct |
Marketing Support
| Co-Op Advertising |
No |
| National Advertising |
No |
| Regional Advertising |
No |
| Local Advertising |
No |
Ongoing Support
| Central Data Processing |
Included |
| Central Purchasing |
Included |
| Field Operation Evaluation |
Included |
| Field Training |
Included |
| Initial Store Opening |
Included |
| Inventory Control |
Included |
| Franchisee Newsletter |
Included |
| Regional or National Meetings |
Included |
| 800 Telephone Hotline |
Included |
Training
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Financial Requirements
Investment
| Minimum Net Worth |
N/A |
| Cash Investment |
N/A |
| Total Investment |
$159.2-564K |
| Average Total Investment |
$361K |
Fees
| Initial Franchise Fee |
$15-25K |
| Average Franchise Fee |
$25K |
| On-Going Royalty |
3-5% |
| Average Royalty |
4% |
| Advertising Fee |
2-3% |
Site Information and Requirements
| Average Number of Full-Time Employees |
N/A |
| Average Number of Part-Time Employees |
N/A |
| Space Needs (in square feet) |
None
|
| Preferred Site Types |
N/A
|
| Encourages Conversions |
Yes |
| Item 19 (Earnings Claim) Provided? |
Yes |
| Listed in the SBA Registry? |
No |
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Franchisee Qualifications
| Financial Net Worth |
N/A |
| General Business Experience |
N/A |
| Specific Industry Experience |
N/A |
| Formal Education |
N/A |
| Psychological Profile |
N/A |
| Personal Interviews |
N/A |
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Terms of Contract
| Term of Initial Contract |
N/A |
| Term of Renewal Period |
N/A |
| Passive Ownership? |
Allowed |
Area Development
Agreements? |
No
|
Sub-Franchisor
Contracts? |
No |
| Franchisees Allowed to Expand Within Territory? |
No |
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Expansion Plans
| Projected New Units Over Next 12 Months |
N/A |
| USA |
No |
| Canada |
No |
| Overseas |
No |
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