Krispy Kreme vs Cinnaholic Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Krispy Kreme vs Cinnaholic 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 | $178,000 - $308,500 |
Franchise Fee |
$12,500 - $25,000 | $35,000 |
Royalty Fee |
4.5% | 5% |
Advertising Fee |
1.5% | 2% |
Year Founded |
1937 | 2010 |
Year Franchised |
0 | 2014 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
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.
| - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/Yes |
Start-up Costs |
-/- | -/Yes |
Equipment |
-/- | -/Yes |
Inventory |
-/- | -/Yes |
Receivables |
-/- | -/Yes |
Payroll |
-/- | -/Yes |
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)
|
On-The-Job Training: 40 hours+
Classroom Training: Varies
|
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
| Purchasing Co-ops
Newsletter
Meetings/Conventions
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
|
Marketing |
- | Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing
Loyalty program/app
|
Operations |
- | Absentee Ownership Allowed
Number of Employees Required to Run: 4 - 10 |
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 Cinnaholic
Join one of the fastest growing bakery franchises!
We’re not your typical dessert shop. Cinnaholic exploded onto the scene in 2010 with our award-winning, gourmet cinnamon rolls. We believe in serving fresh, scratch-made cinnamon rolls and other bakery products that meet the growing consumer demand for non-traditional, plant-based food alternatives. All our products are 100% dairy and lactose-free, egg-free and cholesterol-free.Our product is a craft of love, passion and dedication. When you open a Cinnaholic franchise, you become part of the Cinnaholic family. Our franchise partners benefit from a flexible business model, relatively low operating costs and high-quality, delicious products that consumers come back for time and time again. Cinnaholic was named to Entrepreneur Magazine’s Franchise 500® list in 2019, and a Top New Franchise in 2018! We appeared on ABC’s Shark Tank and ABC News, and in countless business, financial and trade publications.
Are you ready to trade in your desk job for a chance to make people smile and make mouths water?
Come join us!
Veteran Incentives 20% off franchise fee
#477 in Franchise 500 for 2020.