About Golden Krust Franchise
Golden Krust is a Caribbean cuisine restaurant franchise offering authentic Jamaican patties, jerk chicken, and a menu of traditional Caribbean dishes.
Operating through Golden Krust Franchising, Inc.
out of New York, the brand has become the leading Caribbean food franchise in the United States, introducing island flavors to mainstream American consumers through its network of restaurants.
Golden Krust Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $40,000 | One-time payment upon signing |
| Royalty Fee | 5% of Gross Sales of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | An additional 1% of annual Gross Sales must be spent on local store marketing in | National brand fund |
| Total Investment Range | $212,600 – $775,900 | Includes build-out, inventory, working capital |
The investment range of $213K–$776K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (5% of Gross Sales) and marketing fee (An additional 1% of annual Gross Sales must be spent on local store marketing in) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee1 | $40,000 | $40,000 |
| Leasehold Improvements2 | $81,000 | $407,000 |
| Furniture, Fixtures and Equipment3 | $48,000 | $98,000 |
| POS – Computer Hardware & Implementation4 | $2,700 | $3,900 |
| Signage | $4,400 | $16,000 |
| First Month’s Rent5 | $3,000 | $15,000 |
| Security Deposit5 | $0 | $45,000 |
| Opening Inventory and Supplies6 | $10,000 | $18,000 |
| Grand Opening Advertising7 | $3,000 | $10,000 |
| Training Expenses8 | $2,500 | $5,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $10,000 |
| Renewal Fee | $25,000 |
| Technology Fee | $2,700 |
| Audit Fee | Payable only if you fail to furnish reports, supporting records or other require |
| Interest | Lesser of 1.5% per month or highest rate of interest allowed by law |
| Brand Standards Manual Replacement Fee | $300 |
| Management Fee | $250 |
| Supplier Testing | $500 |
| Purchases of Food Product Seasonings | $2,500 |
| Leasehold Improvements2 | $81,000 |
| Furniture, Fixtures and Equipment3 | $48,000 |
| Signage | $4,400 |
| First Month’s Rent5 | $3,000 |
| Security Deposit5 | $0 |
| Opening Inventory and Supplies6 | $10,000 |
| Training Expenses8 | $2,500 |
| Miscellaneous Opening Costs9 | $8,000 |
| Additional Funds 3 months10 | $10,000 |
| TOTAL ESTIMATED INITIAL INVESTMENT | $212,600 |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | exclusive |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Renewal Term | One (1) additional 10 year term. |
| Termination for Cause | We can terminate only if you commit one of several violations. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | Does not offer financing. |
Golden Krust Franchise Earnings — Item 19
Golden Krust does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
Golden Krust Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Golden Krust System Growth
Golden Krust currently operates 107 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2022 | 107 | ||
| 2022 | 3 | ||
| 2022 | 110 | ||
| 2023 | 106 | ||
| 2023 | 2 | ||
| 2023 | 108 | ||
| 2024 | 101 | ||
| 2024 | 2 | ||
| 2024 | 103 |
Golden Krust Franchise — FAQ
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