Krispy Kreme vs Yummy Cupcakes Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Krispy Kreme vs Yummy Cupcakes including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$200,500 - $4,115,000 | $185,679 - $325,665 |
Franchise Fee |
$12,500 - $25,000 | $35,000 |
Royalty Fee |
4.5% | 5% |
Advertising Fee |
1.5% | 1% |
Year Founded |
1937 | 2004 |
Year Franchised |
0 | 2011 |
Term Of Agreement |
- | 10 years |
Term Of Agreement |
- | 10 years |
Renewal Fee |
- | - |
Business Experience Requirements |
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.
| The enjoyment of working in your community, being a contributing community small business and supporting your community. A pride of ownership and sense of social responsibility.
If you have the enthusiasm, drive and commitment to growing your own empire, we want to talk with you. |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
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
| Yummy Cupcakes will provide you with all the tools you will need in your business.
*Local and national marketing to include sales, advertising, promotions, public relations as well as local and national press
*Training programs, on-going seminars and conferences
*On-site staff to assist with store openings
*Marketing manuals to assist you in the day-to-day marketing of your business
*A team of Yummy Cupcakes professionals specifically dedicated to supporting your ongoing growth and success
|
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
- | - |
International Expansion |
- | Yes |
Company Overviews
About Krispy Kreme
Are you ready to embrace a franchise opportunity worth a million smiles?
Owning a Krispy Kreme doughnut franchise could be the sweetest move you have ever made!
In 1937, an entrepreneurial young man named Vernon Rudolph rented a small warehouse in Winston Salem, North Carolina so he could make doughnuts to sell to grocery stores. As it turns out, those doughnuts smelled so good that people walking past wanted to buy them. Vernon cut a hole in an outside wall and started selling them to passersby.
Business began to boom!
Vernon perfected the proprietary doughnut-making equipment and the secret recipe to be used in his new chain of shops, ensuring that every single doughnut made at a Krispy Kreme shop was deserving of the Krispy Kreme name.
Now, with decades of franchising experience, Krispy Kreme has become one of the most beloved doughnut and coffee franchises on the market with worldwide brand recognition. As the leading specialty retailer of premium-quality doughnuts, including our signature Original Glazed, our vision is to be the worldwide leader in sharing delicious tastes and creating joyful memories.
Krispy Kreme franchisees share our vision and benefit from our time-tested leadership and doughnut franchise experience in bringing our premium brand to more people in more places than ever before.
We strive to fulfill our mission statement: to touch and enhance lives through the joy that is Krispy Kreme. As a Krispy Kreme doughnut and coffee franchise owner, you become part of something more than just making doughnuts and coffee - you will share in the sweet success we strive for each and every day, as well as the smiles of your customers when they taste our delicious sweet treats. From our Hot Doughnuts Now sign and Doughnut Theater to our iconic paper hats, Krispy Kreme is a sweet and unique flavor of a brand.
The total initial investment necessary to begin operation ranges from
$1,287,500 to $2,750,000 for a Factory Store;
$558,500 to $1,500,000 for
a Tunnel Oven Shop;
$440,500 to $1,200,000 for a Fresh Shop;
$200,500
to $453,000 for a Box Shop; and
$1,617,500 to $4,115,000 for a
Commissary Facility.
These totals include the following amounts that
must be paid to us as initial fees and for a variety of goods and
services, as follows: for a Factory Store, $355,000 to $580,000; for a
Tunnel Oven Shop, $91,000 to $134,000; for a Fresh Shop, $30,000 to
$33,000; for a Box Shop, $30,000 to $33,000; and for a Commissary
Facility, $355,000 to $1,070,000.
#85 on Franchise Rankings.com
About Yummy Cupcakes
The "complete cupcake business solution."
Yummy Cupcakes was founded by Executive Chef Tiffini Soforenko with the idea that cupcakes could be enjoyed more often than just special occasions, could be created in gourmet-style, and could be offered in a wide variety of flavors. In March 2004, Tiffini joined forces with husband Nik and mother Brogan, left the corporate world and together created Yummy Cupcakes.
Back then, no one had ever heard of a "cupcake only" bakery, let alone ever visited one. Tiffini, Nik and Brogan introduced Yummy Cupcakes to the world based on a simple premise: be passionate about creating exceptional product, be passionate about guest services, and be passionate about doing things right.
Now, with several years experience operating Yummy Cupcakes, we have developed a solid and successful business model for both Yummy Cupcakes bakeshop owners and Yummy Cupcakes customers. This, combined with our corporate experience in business operations, guest service, franchise operations and marketing, has led us to seek qualified people to join us in growing Yummy Cupcakes worldwide!
If you have the enthusiasm, drive and commitment to growing your own empire, we want to talk with you. We are confident that owning a Yummy Cupcakes franchise is a tremendous opportunity.
As a Yummy Cupcakes Owner/Operator, you'll have the benefit of walking into a ready-made system. We have spent the past few years trying, testing, and refining our business so that it's a business model that works. With your own business experience, drive and energy and our working business model, we have a winning combination!
There are three available programs:
1. Single Bakeshop Program
2. Area Development Program
3. Satellite Development Program