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Below is an in-depth analysis and side-by-side comparison of Krispy Kreme vs Bread Poets Baking Company 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 | $166,000 - $259,000 |
Franchise Fee | $12,500 - $25,000 | $24,000 |
Royalty Fee | 4.5% | 4% |
Advertising Fee | 1.5% | - |
Year Founded | 1937 | - |
Year Franchised | 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 | - | - |
Thank you for your interest in opening a Bread Poets. Whether you want to "roll” in the dough or just make lots of bread - Bread Poets offers a turn-key system for you to realize the American dream.
Bread Poets provides a unique opportunity to make an incredible tangible product and immediately see the fruits of your labor. Sure it’s hard work but having been in this business for almost 15 years, we can honestly say that it is extremely gratifying!
We take the franchising end of our business very seriously and are committed to giving our franchisees all the tools necessary to succeed. However, with any business venture, the recipe for success falls squarely on the shoulders of the individuals running each location. There’s an old adage in the franchise business: "You’re in business for yourself but not by yourself”. Therein lies the strength of a franchise system. We’ve been through many hardships, constantly refined our systems and recipes, and basically know this business inside and out. You not only invest in the name Bread Poets and our products, but you benefit from the lessons we’ve already learned - giving you the advantage to hit the ground running with a tried and true system that works and a product that will simply amaze your customers!
We hope you’ve had the chance to visit Bread Poets - soaking in the atmosphere of busy bakers hoppin’ around the bakery to an upbeat melody as the fresh bread is being pulled from the oven. The sight, the sound, the smell and the taste leave an indelible impression on all who walk through our doors. The products are unique only to us and the chatter at the bread board affirms that there is nothing quite like Bread Poets bread.
If you should be among the chosen to open a Bread Poets you will spend time in our Bismarck location learning how to run a bakery - from doing the doughs, to baking, to customer service up at the counter. We will cover it all. There will also be office training that covers bookkeeping, recordkeeping, ordering and staffing.