Golden 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.
Golden Krust has the franchise fee of up to $40,000, with total initial investment range of $225,900 - $687,000.
Initial investments: $225,900 - $687,000
Net-worth Requirement: $500,000
Liquid Cash Requirement: $200,000
Initial Franchise Fee: $40,000
Ongoing Royalty Fee: 3%
Ad Royalty Fee: 2.5%
On-The-Job Training: 47 hours
Classroom Training: 33 hours
Additional Training: At designated operating store
Number of Employees Required to Run: 8 - 8
Golden Krust franchise Info: https://www.goldenkrust.com/content/index.php
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