Franchise Summary
Description
As a franchisee, you will operate a Caribbean-style restaurant offering and serving a variety of Caribbean meals, featuring Jamaican patties, jerk chickenand bakery products.
Company Background
Golden Krust is a Caribbean-style restaurant franchise that offers and serves a variety of Caribbean meals, featuring Jamaican patties, jerk chicken and bakery products. Golden Krust was founded in 2010 by two brothers from Jamaica who wanted to bring the flavors of their homeland to America. With a menu influenced by traditional Jamaican dishes as well as sweet American favorites like apple pie, the company has become an instant hit across North America with its delicious offerings. How does this company help you? We provide food for your stomachs! And we make sure it's tasty too! We will be opening soon near you so keep your eyes peeled for our store! Our goal is to share our authentic taste with the world because
Franchise Opportunity
The restaurant industry is incredibly competitive, and it can be tough to stand out from the crowd. With so many restaurants to choose from, customers can be incredibly fickle. They might visit your restaurant once, but if they're not impressed they'll quickly move on to the next place. GOLDEN KRUST is a Caribbean-style franchise that offers a unique and memorable dining experience. Our meals are flavorful and authentic, and our bakery products are second to none. We're confident that once you try us, you'll be a customer for life.
Earnings Transparency
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Financial Performance of "Standard" Units
Average Revenue Per Unit
Compared vs. Restaurants (Sit-Down) Industry$876,152 / unit
Franchise Type: Standard
Average Revenue During 2018
Employee Contact Database
| # | Name | Position | Phone Number | Email Address |
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Krust Caribbean Restaurant Franchise System Development in 2017
FAQ
How much investment do I need to start my own Krust Caribbean Restaurant business?
Franchisees typically require at least $212,600 to $775,900 investment to get their Krust Caribbean Restaurant business started
What are the initial franchise fees for Krust Caribbean Restaurant?
Franchisees typically need to pay at least $42,500 in fees directly to Krust Caribbean Restaurant in order to earn the right to launch their business
How much money can I make with a Krust Caribbean Restaurant franchise? What are
the average revenues for a typical Krust Caribbean Restaurant business?
We estimate that the average revenue of an individual
Krust Caribbean Restaurant unit is approximately
$876,152. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a Krust Caribbean Restaurant unit? What
is my contractual commitment?
Krust Caribbean Restaurant franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 10 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
The Franchisor's investment costs ranges from
$568,020 to $2,528,500
which is
Much Higher
than the $0 to $0 average in the Restaurants (Sit-Down) industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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