Total investment:
$ 225,900
Franchise fee:
$ 40,000
Royality fee:
3%
Monthly marketing payment :
$ 0
Number of franchises
Return
Time period
Revenue:
$ 12 000*
* Calculator calculations are provisional, not guaranteed
MAIN INFORMATION
Foundatoin year: 1989
Year of franchising: 1996
Company units:
Franchise units: 112
Total number of units:
Number of employees per unit: 8
Contract period: 60 month
FRANCHISE ONLINE
WEBSITEGolden Krust Caribbean Bakery & Grill is a Caribbean cuisine fast food chain, and manufacturer and distributor of Caribbean food products. The company was founded in 1989.
The parent company is owned by immigrants from Jamaica, and the stores are franchised. There are over 100 Golden Krust restaurant franchises operating in ten U.S. states: New York, New Jersey, Connecticut, Pennsylvania, Georgia, Florida, Maryland, North Carolina, Massachusetts, and Texas. There are also restaurants in Canada. The company also distributes food products to retailers and is considered the foremost Jamaican business in the U.S.
On-The-Job Training: 47 hours
Classroom Training: 33 hours
Additional Training: At designated operating store
Net-worth Requirement: $500,000
Liquid Cash Requirement: $200,000 Ad Royalty Fee: 2.5%