Golden Krust
Key figures
| Initial franchise fee | $40,000 |
| Total investment (Item 7) | $212,600 – $775,900 |
| Royalty (Item 6) | 5% of gross sales |
| Franchised units (Item 20) | 101 (Item 20, p.31) |
| Brand website | https://www.goldenkrust.com |
About Golden Krust
ITEMS 1-23: Fee: You pay a $40,000 initial franchise fee when you sign, and it is fully earned and non-refundable. Royalty: The ongoing royalty is 5% of Gross Sales or $250 a week, whichever is more, swept weekly by EFT. Investment: A traditional Golden Krust or Jerk 'N Patties restaurant is estimated at $212,600 to $775,900 before you are truly open. Training: Before you open, Golden Krust approves your site, gives build specifications, loans you the Brand Standards Manual, and trains you and one manager. Territory: You do not get an exclusive or protected area. Operations: You or your managing owner must personally take part in running the restaurant. Term: The franchise term is 10 years, with one renewal for another 10 years if you are not in default, keep the site (or a substitute), remodel, give Financials: Golden Krust does make a financial performance representation, but it is gross revenue only for traditional Golden Krust Caribbean Bakery and Grill Legal: Three franchisee disputes must be disclosed, all tied to the Clayborne family and South Florida restaurants, including claims about unequal Outlets: Traditional Golden Krust franchised restaurants fell from 107 at the start of 2022 to 101 at the end of 2024, while company-owned stores went from 3 TERRITORY: none. The franchise is granted for a specific approved location only. You will not receive an exclusive territory, and Golden Krust does not grant exclusive territories. Outlets: 101 franchised, 2 company-owned, 103 total (as of 2024), down 6% over 3 yrs. As a franchisee, you will operate a Caribbean-style restaurant offering and serving a variety of Caribbean meals, featuring Jamaican patties, jerk chicken and bakery products.
Territory — what the FDD says (Item 12)
Under this brand's Item 12 rule, you do not receive an exclusive territory. The franchisor may sell additional franchises in the same area. It may also operate company units there. Or it may sell through other channels. No area is reserved for you. No area is closed to you by another franchisee's exclusivity either. Placement is the franchisor's decision.
The FDD's own words (Item 12): “territory is NOT exclusive - the FDD states you will not receive an exclusive territory. Golden Krust began offering franchises for traditional restaurants initially under the name “Golden Krust Patties” in 1996. 1 08/25 Golden Krust THE FRANCHISE OFFERED We grant franchises”
Availability
Because this brand grants no exclusive territory, there are no territory-based exclusions: no area is reserved for an existing franchisee, and no area is reserved for you. Whether a new unit is placed anywhere is the franchisor's decision under Item 12.
Next steps with Golden Krust
Put Golden Krust on a shortlist. Compare it side by side with two other brands. Check it against your budget in the PerfectFit Quiz. Or talk it through with a vetted consultant. That conversation is free to buyers; call (385) 475-5319. Only the franchisor can confirm current terms. Only the franchisor can confirm territory availability.