What items are identified by Golden Krust Caribbean Restaurant as necessary for the Restaurant to begin operations?
Golden_Krust_Caribbean_Restaurant Franchise · 2024 FDDAnswer from 2024 FDD Document
ot required to provide you with any assistance.**
Pre-Opening Obligations
Before you open the Restaurant, we will:
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- Site Selection. Provide you with our site selection criteria for the Restaurant. Your site must meet our criteria for demographic characteristics, traffic patterns, parking, character of neighborhood, competition from and proximity to other businesses, the nature of other businesses in proximity to the site and other commercial characteristics, and the size, appearance and other physical characteristics of the proposed site. We will approve or disapprove a location you propose for the Restaurant within thirty (30) days after we receive the complete site report and other materials requested. If we cannot agree upon a site within one (1) year of your signing our Franchise Agreement, we will terminate your Franchise Agreement and retain your initial franchise fee. (Franchise Agreement - Section II.A.
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- Fixtures, Furnishings, Equipment and Signs. Furnish you with mandatory and suggested specifications for your restaurant, including requirements for dimensions, design, image, interior sample drawings, décor, fixtures, equipment, signs, furnishings and color scheme. (Franchise Agreement - Sections II.C. and D.)
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- Development of Restaurant. Assist you, at your request, by providing information for contractors and architects and otherwise furnishing information to assist you in developing the Restaurant in accordance with our specifications. (Franchise Agreement - Section II.C.)
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- System Standards. As discussed in Item 8, identify the fixtures, furnishings, equipment (including cash registers, and computer hardware and software) signs, food, products, materials and supplies necessary for the Restaurant to begin operations, the minimum standards and specifications that must be satisfied and the suppliers from whom these items may be purchased or leased (including us and/or its affiliate). (Franchise Agreement - Section II.C., VIII.A.). We do not provide any assistance with delivery or installation of any such items.
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- Brand Standards Manual.
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, OPERATIONS MANUAL, WEBSITE, AND TRAINING (FDD pages 18–23)
What This Means (2024 FDD)
According to the 2024 Golden Krust Caribbean Restaurant Franchise Disclosure Document, the franchisor identifies specific items necessary for the Restaurant to begin operations. Golden Krust Caribbean Restaurant will furnish franchisees with mandatory and suggested specifications for their restaurant, including requirements for dimensions, design, image, interior sample drawings, décor, fixtures, equipment, signs, furnishings and color scheme.
Golden Krust Caribbean Restaurant also identifies the fixtures, furnishings, equipment (including cash registers, and computer hardware and software) signs, food, products, materials and supplies necessary for the Restaurant to begin operations, the minimum standards and specifications that must be satisfied and the suppliers from whom these items may be purchased or leased (including the franchisor and/or its affiliate). However, the franchisor does not provide any assistance with delivery or installation of any such items.
Prior to opening, franchisees are required to purchase the TOAST Point of Sale System consisting of TOAST Flex for Guest with MSR, TOAST Tap (on counter), TOAST printer, and the cash drawer, at a total cost of $449.50, with an implementation cost of $754.70. Franchisees are also required to pay the third party delivery integration fee and the TOAST monthly support fee of $223.50. Franchisees will be responsible for all Internet and/or wireless connectivity necessary to implement and use the TOAST system and for ensuring integration between the TOAST System and their other software as required. Franchisees will be required to register for and use the Golden Krust app through the franchisor's designated third party provider and pay certain fees such as costs for hardware and installation and a platform or access fee.