What items does Golden Krust Caribbean Restaurant identify as necessary for the Restaurant to begin operations?
Golden_Krust_Caribbean_Restaurant Franchise · 2024 FDDAnswer from 2024 FDD Document
n 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. Loan you one copy of the confidential Brand Standards Manual. The Brand Standards Manual contains mandatory and suggested specifications, standard operating procedures and rules that we require from time to time. A copy of the Table of Contents of the Brand Standards Manual is attached to this Disclosure Document as Exhibit F. (Franchise Agreement - Section IV.B.)
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- Training. Train you (or your managing owner) and one managerial employee. (Franchise Agreement - Section IV.A.)
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- General Guidance Advertising. Assist you in implementing the grand opening advertising and promotional program for the Restaurant. (Franchise Agreement - Section IV.B.(3))
Continuing Obligations
After opening your Restaurant and during the operation of your Franchised Business, we will:
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- General Guidance.
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 Golden Krust Caribbean Restaurant's 2024 Franchise Disclosure Document, the franchisor identifies several items as necessary for the Restaurant to begin operations. These include fixtures, furnishings, equipment (including cash registers, and computer hardware and software), signs, food, products, materials, and supplies. The franchisee must adhere to the minimum standards and specifications set by Golden Krust Caribbean Restaurant and purchase or lease these items from approved suppliers, which may include the franchisor or its affiliates.
Prior to opening, franchisees are required to purchase the TOAST Point of Sale System, which includes TOAST Flex for Guest with MSR, TOAST Tap (on counter), TOAST printer, and a cash drawer, at a total cost of $449.50, with an additional implementation cost of $754.70. Franchisees also have to pay a third-party delivery integration fee and a monthly TOAST support fee of $223.50. They are responsible for ensuring internet and wireless connectivity for the TOAST system and its integration with other required software. Franchisees must also register for and use the Golden Krust Caribbean Restaurant app through a designated third-party provider, incurring costs for hardware, installation, and platform access fees.
Golden Krust Caribbean Restaurant also provides initial training on restaurant operations to the franchisee (or their managing owner) and one managerial employee. This training covers equipment selection, supplier choices, cooking processes, merchandising, marketing, accounting, and basic management. Both the franchisee and their managerial employee must complete this training to the franchisor's satisfaction. The Brand Standards Manual also contains mandatory and suggested specifications, standard operating procedures and rules that Golden Krust Caribbean Restaurant requires from time to time.