Quote:
Originally Posted by jblum315
Soon after Krispy Kreme went public, about 15 years ago, they stopped selling franchises (I know, because I wanted to buy one). The stock plummeted and they started closing stores. Then Krispy Kreme started appearing in places like gas stations, hospital lobbies and supermarkets. So they are not out of business, just operating on a reduced scale.
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This is the statement from Krispy Kreme Web Site. "The initial investment to begin operation ranges from $928,000 to $1,883,250 for a Krispy Kreme Factory Store. I went to Web Site and WONDER about a franchise and I quickly realized that's out of my league.
They just open a store in Portmouth, VA last Monday.
People were standing outside in line at 6:00 AM in 15 degree wind chill for the Grand Opening to receive ONE free doughnut. The place is packed and HOT DOUGHNUT sign is always lit. The new owner must be smiling all the way to the bank. I went to Krispy Kreme this morning and got a dozen off the line. My girlfriend and I consumed six before we knew it. ($6.99 a dozen) They are the BOMB!
BUILD IT AND THEY WILL COME!