What were the approximate Bakery sales to Golden Krust Caribbean Restaurant-owned restaurants in 2022?

According to Golden Krust Caribbean Restaurant's 2024 Franchise Disclosure Document, Bakery sales to Golden Krust Caribbean Restaurant-owned restaurants aggregated approximately $922,000 in 2022. This indicates the volume of food and beverage products supplied by Golden Krust Caribbean Bakery, Inc. to the company-owned restaurants during that year.

This figure is relevant for prospective franchisees as it provides insight into the supply chain dynamics within the Golden Krust Caribbean Restaurant system. The related-party transaction between Golden Krust Caribbean Restaurant and its affiliated bakery highlights the potential for streamlined supply and quality control, as the bakery provides a significant amount of the products sold in both company-owned and franchised restaurants.

However, franchisees should be aware of the implications of relying on a related-party supplier. While it may offer certain advantages, it also introduces potential risks, such as dependency on a single supplier and the possibility of conflicts of interest. It would be prudent for potential franchisees to inquire about the terms of the supply agreement, pricing policies, and contingency plans in case of disruptions to the bakery's operations. Understanding these aspects will help franchisees assess the stability and reliability of the supply chain and make informed decisions about their investment in a Golden Krust Caribbean Restaurant franchise.