Golden Krust Franchise

Caribbean-style bakery/restaurant


Our franchising program is predicated on the fact that the company will only remain competitive if our franchisees are successful. We are dedicated to achieving that success. Ours is a "partnership" with our franchisees. Consequently, we look for franchisees with certain qualities. These include a strong desire to succeed, the ability to lead effectively and the ability to devote the time and energy necessary to run a successful business. We, therefore, seek people with "common business sense" who are highly qualified to join the Golden Krust family.

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Please Note: The operators of Golden Krust, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Golden Krust website.

How much does it cost to open a Golden Krust Franchise?

The investment required to open a Golden Krust Franchise is between $173,400-$564,000. There is an initial franchise fee of $25,000 which grants you the license to run a business under the Golden Krust name.

Individual Unit Costs

  • Initial Investment:
    $173,400-$564,000
  • Initial Franchise Fee:
    $25,000
  • Royalty Fee:
    3%
  • Advertising Fee:
    2%
  • Term of Agreement:
    10 years
  • Renewal Fee:
    $25K


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The idea for the book, Mr. Krust’s Christmas was born out of the company’s strong commitment towards education and saw it necessary to start with the nurturing of the young minds of our youths. Mr. Krust’s Christmas will be officially launched on December 4th with a live broadcast ...

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Golden Krust News & Press Releases

When did the first Golden Krust open? 1988
When did Golden Krust start Franchising? 1996

Year U.S.A. Canada International Corporate
2005 80 0 0 0
2004 80 0 0 0
2003 58 0 0 2
2002 34 0 0 8
2001 0 0 0 0

United States: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Wyoming,

Expense In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Training
Our Golden Krust franchise support continues throughout training and staff formation. We will train and assist you in opening and operating your franchise. Our highly experienced Golden Krust staff will take you through our comprehensive three-week course given at our Corporate training Center located at 1381 East Gunhill Road or other designated training restaurants. Upon completion of the course, you will be ready to operate your franchise. Members of our franchise support team will also assist you in your store during your first two weeks of opening to ensure that you are self-sufficient. After this time, the franchise support team will be readily available should you need further assistance.

Support
Golden Krust will guide you the franchisee in the critical decisions involved in starting your business: selecting a site, merchandising the franchise store, assisting with the initial inventory, hiring and training staff, beginning systematic marketing. We also assign experienced professional field service manager to monitor performance and provide advice and direction in regular operations. This ongoing engagement in the business has two purposes: It ensures that you will follow the franchise system, protecting the value of the Golden Krust's market identity. It also gives you the franchisee a consultant who is intimately familiar with this type of business to provide advice and problem solving assistance.

Marketing
Co-op advertising, Ad slicks, National media, Regional advertising

25% of all franchisees own more than one unit

Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators)

Your income potential as a Golden Krust Franchise entrepreneur depends vastly on many factors. As an entrepreneur, the goals to achieve are related to expanding sales while lowering your operation costs and increasing the quality of your products and or services. Each month your operating costs can include royalty fees, mortgage / rent, supplies for products, staffing, utilities, bookwork, stationary and other items. From one month to the next, you may find your costs fluctuate, but your up-front costs are, for the most part, fixed and they will cover most of the initial setup of equipment, signage and renovations.

Listing Tags

caribbean, taste, flavor, jerk, chicken, patties, jamaican food, hawthorne, patty, ginger, festival, golden krust patties, jamaican bread, jamaican hard-dough bread, bun, soya patties, jerk sauce, products, cocktail patties, beef patties, fish patties, spice bun, rock cake, raisin rock, gizzarda, bulla, coco bread, duck bread, sorrel drink, shrimp patties, ginger beer, maroons, baked products, jamaican restaurant, jamaican food distributors, coconut cake, carrot cake, fruit cake, all purpose seasoning, meat loaf, calaloo patties, crust
Golden Krust Franchise Opportunity viewed 24721 times by investors.

Legal Disclaimer: This information is not a franchise offering for Golden Krust and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Golden Krust franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.

Golden Krust

Golden Krust

Golden Krust Franchising Inc.
3958 Park Ave.
Bronx, NY
10457

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