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Below is an in-depth analysis and side-by-side comparison of Krispy Kreme vs Baldinos Giant Jersey Subs including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $200,500 - $4,115,000 | $100,000 - $200,000 |
Franchise Fee | $12,500 - $25,000 | $10,000 |
Royalty Fee | 4.5% | 4.5% |
Advertising Fee | 1.5% | 0.5% |
Year Founded | 1937 | 1975 |
Year Franchised | 0 | 1984 |
Term Of Agreement | - | 15 years +10 |
Term Of Agreement | - | 15 years +10 |
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) | Headquarters 4 Weeks |
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 | Central Purchasing: Included in Fees
Field Operation Evaluation: Included in Fees
Field Training Initial Store Opening Inventory Control Franchisee Newsletter Regional or National Meetings 800 Telephone Hotline |
Marketing | - | - |
Operations | - | Average Number of Employees: 8 Full-time, 12 Part-time Passive Ownership: Not Allowed |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
Anyone who has ever been to New Jersey knows how a real Jersey Sub should taste. And it's that taste that has kept so many hungry people coming back again and again to Baldino's. We have offered that same great taste in our subs since the day we opened. From our classic flattop style grilling, to the freshest ingredients all stuffed into a terrific Italian roll, Baldino's tradition continues to grow with the same great taste and quality that inspired our first Fayetteville location over 35 years ago.
Now with more than 20 locations throughout North Carolina and Georgia, the Baldino's traditions continues with an ever-expanding line-upof new, fresh sandwiches, great sides and drinks to keep you coming back again and again.
The proprietors of the Fayetteville area Baldinos, the Pappas family, would like to extend our deepest gratitude for your continued support. If there is anything we can do to make your experience more enjoyable , please let us know. And if you're one of our racing fans, please tell a friend!