Krispy Kreme Inc., creator of the famed hot-off-the-line glazed donut, announced Oct. 13 a franchise development agreement with Original Entrepreneurs LLC to open 33 Krispy Kreme shops across the New York metro area over the next five years, expanding the brand’s presence in one of the country’s largest consumer markets.
The shops will be developed in New York City and the surrounding region, including Long Island and New Jersey. The Original Entrepreneurs group, a long-time Krispy Kreme franchisee and experienced quick-service restaurant operator, operates 12 Krispy Kreme shops.
“We’re pleased to continue growing with Original Entrepreneurs,” said Krispy Kreme CEO Josh Charlesworth. “This development agreement reflects our focus on capital-light franchise growth and enables us to expand with an operator that has deep expertise building and operating Krispy Kreme shops in a competitive market.”…