Golden Krust Caribbean Bakery and Grill

  • Golden Krust Franchising, Inc.
3958 Park Ave.
Bronx, NY 10457
  • (718) 655-7878

Golden Krust Caribbean Bakery & Grill exists to provide the taste of the Caribbean to the world. We are dedicated to achieving success by forming a true partnership with our franchisees. Golden Krust will guide you the franchisee in all of the critical decisions involved in starting your business.

Franchisor Background

Year Established: 1995

Franchising Since: 1996

Operating Units

Franchised Units 108 96.4%
Company-Owned Units 4 3.6%
Total Operating Units 112 100%

Geographic Distribution

USA 112 100.0% In 8 States
Canada 0 0.0% In 0 Provinces
International 0 0.0% In 0 Foreign Countries
Total 112 100%

Multi-Unit Operators

Multi-Unit Operators N/A
Franchises Owned by Multi-Unit Operators N/A

North American Unit Density

Density Units
New York 71
Florida 22
New Jersey 8

Registered in the following Registration States

(not registered in any registration states)

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Support and Training

General Information

IFA Member No
CFA Member No
Franchisee Association? Yes, is a member
Size of Corporate Staff N/A
Site Selection
Assistance
Yes
Lease Negotiation Assistance Yes
Financial Assistance Yes, Direct

Marketing Support

Co-Op Advertising No
National Advertising No
Regional Advertising No
Local Advertising No

Ongoing Support

Central Data Processing Included
Central Purchasing Included
Field Operation Evaluation Included
Field Training Included
Initial Store Opening Included
Inventory Control Included
Franchisee Newsletter Included
Regional or National Meetings Included
800 Telephone Hotline Included

Training

(no data available)
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Financial Requirements

Investment

Minimum Net Worth N/A
Cash Investment N/A
Total Investment $159.2-564K
Average Total Investment $361K

Fees

Initial Franchise Fee $15-25K
Average Franchise Fee $25K
On-Going Royalty 3-5%
Average Royalty 4%
Advertising Fee 2-3%

Site Information and Requirements

Average Number of Full-Time Employees N/A
Average Number of Part-Time Employees N/A
Space Needs (in square feet) None
Preferred Site Types N/A
Encourages Conversions Yes
Item 19 (Earnings Claim) Provided? Yes
Listed in the SBA Registry? No
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Franchisee Qualifications

Financial Net Worth N/A
General Business Experience N/A
Specific Industry Experience N/A
Formal Education N/A
Psychological Profile N/A
Personal Interviews N/A
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Terms of Contract

Term of Initial Contract N/A
Term of Renewal Period N/A
Passive Ownership? Allowed
Area Development
Agreements?
No
Sub-Franchisor
Contracts?
No
Franchisees Allowed to Expand Within Territory? No
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Expansion Plans

Projected New Units Over Next 12 Months N/A
USA No
Canada No
Overseas No
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