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Home > Franchises > Golden Krust Franchising Inc.
Golden Krust Franchising Inc.
A franchisee is a powerful and effective process that includes the marketing, sale and distribution of products as well as services. Experience of the franchisor and the goodwill of the brand are the vital attributes of a successful franchisee. The franchisor licenses the trademarks and techniques of doing business and performs the distribution of products or services through his associated dealers.
Golden Krust Caribbean Bakery & Grill, a privately owned corporation. The Company is a manufacturer, distributor and franchisor of Caribbean food products and dining establishments. Golden Krust has become the largest producer of Caribbean baked products in the United States since it first opened its first store in 1989 in the Bronx, New York. It is the only company that makes and distributes nine varieties of Jamaican-style turnovers throughout the United States.
Total investment of this franchise is 155.700 to 387.500 dollars, Express/kiosk option is available, Franchise fee is 25K dollars, and ongoing royalty fee is 3 percent. Term of agreement is of 10 years, renewable, and renewal fee is 25000 dollars. They are ranked 229 in 2006.
It is the goal of Golden Krust’s founder, Lowell Hawthorne, to spread authentic Caribbean cuisine to every neighborhood. Being the premier patty producer in the United States, Golden Krust has carved out a niche for itself, not only in the ethnic market, but also in the fiercely competitive mainstream fast-food market. Currently, Golden Krust has over 100 stores in operation, in over 8 states, and is positioned to become a leading food franchise. Since its start, the Company is undergoing strong and steady growth, and plans to open more than two hundred stores over the next five years.
To provide their Consumers with an authentic, tasty Jamaican patties and relevant Caribbean cuisine in convenient settings and sizes. Customers with outstanding customer service with reliable predictability at every touchpoint. Employees with an environment that is rewarding, fun and aspirational and stakeholders with a superior return on their investment.
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