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Below is an in-depth analysis and side-by-side comparison of bb's Coffee and Muffins vs Krispy Kreme including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $145,000 - $280,000 | $200,500 - $4,115,000 |
Franchise Fee | $26,000 | $12,500 - $25,000 |
Royalty Fee | 7% | 4.5% |
Advertising Fee | - | 1.5% |
Year Founded | 1986 | 1937 |
Year Franchised | 1986 | 0 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | *Passionate about the Krispy Kreme brand and products *Proven track record of running a successful multi-unit restaurant business *Highly committed to providing great customer service *Financial resources to fund a multi-unit store development plan including a minimum $1 million in liquid assets and a minimum net worth of $2 million. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | *Initial Production Training (three to four weeks) *Processing Standards (one to two weeks) *Shift Management Training (four to five weeks) *Equipment Maintenance (1 week) |
Support | - | *New product innovation and unique occasion product offerings *Access to Krispy Kreme University �" a six month, all-inclusive training for Operations Directors, General Managers and Assistant General Managers *Grand opening support *Ongoing restaurant franchise operations support for the term of the franchise agreement *In-store training for hourly staff *Real estate and site selection support *Conceptual drawings *Project management and construction support *Access to area development agreements *Ability to impact communities with a unique and robust fundraising program |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
bb’s (short for bakers & baristas) began in Australia in 1985. The first bb’s opened in the Australia Fair shopping centre in Southport, Queensland, on the Gold Coast.
When muffins began to outsell every other item at bb’s we realised we’d found our calling. And we followed it.
But what’s an oven-fresh muffin without delicious, barista-made coffee? Our baked treats just love good company (a little bit like ourselves really).
Before long we were known as bb’s coffee & muffins, and we came to the UK in 1997. After much muffin-testing and coffee-drinking, we have over 50 cafés in the UK and Ireland, and we’re still as excited as on day one.