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Author
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Topic: Need help/advice
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70boss302
Gearhead Posts: 371
From: Jeffersonville, NY USA
Registered: Mar 2002
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posted 03-04-2005 05:10 PM
   
I was trying hard to build my own Dunkin Donut shoppe in my home town but there are no opportunities left. I know that there are many simialr type coffee/doughnut/bagel shoppes out there and luckily not in this area so there is a good chance that I can obtain a franchise. Naturally a Starbucks is out too.
What I need is your help in finding a good alternative to a DD. Thanks in advance. ------------------
70 Boss 302, 71 429 Mach1, 86 RX7 GLX
02 Z06 Vette
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mustangs68
Moderator Posts: 22320
From: Buckroe Beach Va MCA#39406 M&M #12 Member Mustang Club of Tidewater
Registered: May 99
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posted 03-04-2005 05:23 PM
When your talkin donuts there's only one  http://www.krispykreme.com/
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kwazykat
Moderator Posts: 7169
From: ...a wonderful place to be.... orange county... NC!!!! M&M member #92 .... a blue-oval GRRL-deluxe.....
Registered: Jun 99
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posted 03-04-2005 05:33 PM
we have a VERY cool coffee shop in town that has the standard board of coffee and fancy-coffee selections ....HOWEVER what sets them APART from the rest of the shops around this area is they ONLY serve fancy gourmet desserts in their shop..... no dried out organic granola typical muffin worn-out cinnamon bun stuff there!!!!we like to go there just for the dessert and have never gotten coffee [so far] ..... most times we get our selections "to go"..... so to us it is a dessert shop but to others it is likely known as a coffee shop!! .... it is a neat little place and they keep a wide selection of cheesecakes, pies,layer cakes, pastries, cookies and ok.... i guess they do have those great big huge honker muffins..... but anyways ..... it is original it is a mom and pop shop and we would buy from them anyday over a starbucks! maybe you can consider doing something outside of a franchise and infuse some personality into it! that would be fun! kk
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Dave Gibson
Moderator Posts: 8967
From: Norfolk, Virginia, USA M&M#166 MCA#47921
Registered: Aug 99
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posted 03-04-2005 05:47 PM
If you are dealing with a small town, go the route that KK has suggested. Don't follow the beaten path, but make it your own, with a touch of class. Can't go wrong that way. Just my $.02.Dave & Terri ------------------
'65 Mustang Fastback
'66 Mustang Coupe
'02 Explorer XLT
Common sense isn't common anymore.
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lyle29464
Gearhead Posts: 962
From: Mt. Pleasant S.C.
Registered: Mar 2000
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posted 03-04-2005 05:55 PM
Most franchises succeed. Most other startups fail.If you cant get a franchise borrow heavy from the polices and procedures of the top one.
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70boss302
Gearhead Posts: 371
From: Jeffersonville, NY USA
Registered: Mar 2002
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posted 03-04-2005 05:59 PM
quote:
Originally posted by lyle29464:
Most franchises succeed. Most other startups fail.If you cant get a franchise borrow heavy from the polices and procedures of the top one.
Exactly why I want a franchise. The system is proven to work. Yes we can 'wing it' and do it our way but this is business and in business success is everything. ;wink
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70 Boss 302, 71 429 Mach1, 86 RX7 GLX
02 Z06 Vette
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adragon8u
Gearhead Posts: 4916
From: Oceano, Ca. member# 2895
Registered: Mar 2003
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posted 03-04-2005 09:20 PM
How about this?
http://www.brueggers.com/------------------
"I started with nothing, and I still have most of it left"
I'm an optimist, but I don't think it helps much
"It's better to have loved a short girl,
Then never to have loved a tall"
http://webpages.charter.net/adragon8u/mystang
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trashline
Gearhead Posts: 1351
From: Levittown, Pa
Registered: Dec 2003
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posted 03-04-2005 09:38 PM
I dont know if youhave a WAWA but i think everyone lieks there coffee and the wawa . i visit one at least once a week. and i have a feeling that most other people do. besides there ice tea is amazing.------------------
88 thunderbird TC 2.3L
66 mustang 200ci 3 speed
68 Fairlane 289 w/ auto
79 f150 300 3 onda tree
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johnmustang
Gearhead Posts: 5855
From: British Columbia , Canada
Registered: Nov 2001
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posted 03-04-2005 09:59 PM
Tim Hortons------------------
JOHN
65 FASTBACK 2+2.....14.44 @ 107mph 1/4
87 TAURUS WAGON
03 F150 XLT SUPER CREW 4X4 SHORT BOX
Member:Vancouver Island Mustang Association
M&M #1710
65 FASTBACK
2003 F150 XLT SUPER CREW 4X4
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70boss302
Gearhead Posts: 371
From: Jeffersonville, NY USA
Registered: Mar 2002
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posted 03-05-2005 12:11 AM
Yes, something along the lines of a Tim Hortons, any more ideas? ------------------
70 Boss 302, 71 429 Mach1, 86 RX7 GLX
02 Z06 Vette
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exlocal
Gearhead Posts: 205
From: hacienda hts., CA, USA
Registered: Dec 2004
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posted 03-05-2005 12:50 AM
Check out the customers in your area and the traffic patterns. Younger people tend to buy donuts and coffee. Older farts like me have to stay away from these places. ------------------
reliving youth
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mustangs68
Moderator Posts: 22320
From: Buckroe Beach Va MCA#39406 M&M #12 Member Mustang Club of Tidewater
Registered: May 99
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posted 03-05-2005 01:25 AM
Old Farts like you..LOL..
Hey I spend way too much time eatting donuts Sam
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70boss302
Gearhead Posts: 371
From: Jeffersonville, NY USA
Registered: Mar 2002
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posted 03-05-2005 08:47 AM
For over 2 years I have studied the demagraphics and I have concluded that the area would support such a venture. Now that Dunkin Donuts is no longer an option, I need to find a suitable replacement before that opportunity is lost too! Just like in the old saying 'when you snooze, you lose'. ------------------
70 Boss 302, 71 429 Mach1, 86 RX7 GLX
02 Z06 Vette
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Toronado3800
Gearhead Posts: 851
From: St. Louis, MO
Registered: Jul 2001
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posted 03-06-2005 04:09 AM
My boss was telling me one of the two big donut corporations was declaring bankruptcy. We ASSUMED it was probably a borrowing/corporate takeover type of problem since both seem to sell tons of donuts.
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SteveLaRiviere
Administrator Posts: 43152
From: Saco, Maine
Registered: May 99
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posted 03-06-2005 05:47 PM
Krispy Kreme has had a lot of problems lately with questionable accounting, that's probably what your boss was referring to when he said that.Tim Horton's seems like a nice operation, also Subway has great advertising and good products. Blimpie's are starting to pop up around here, they have really good sandwiches. Just out of curiosity, what did you rule out Starbucks? There's also Gloria Jean's and Green Mountain Coffee as far as coffee franchises go. ------------------
'70 Mustang Mach 1 351C 4V/FMX/3.25 Open
'70 Mustang Convertible 250 I6/3 speed/2.79 Open
'72 Mustang Sprint Hardtop 351C 4V/FMX/4.30 Trac Loc
'94 F-150 XL 5.8L/E4OD/3.55 Limited Slip
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SteveLaRiviere
Administrator Posts: 43152
From: Saco, Maine
Registered: May 99
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posted 03-06-2005 05:55 PM
Here's a recent news item on Krispy Kreme:Related Quotes
Sym. Price Chg.
KKD Trade
News 7.5 1.38
Krispy Kreme faces another federal probe February 24, 2005 09:38:22 (ET)
CHICAGO (MarketWatch) - Krispy Kreme Doughnuts Inc. is facing yet another federal investigation of its accounting.
Winston-Salem, N.C.-based maker of the original hot glazed doughnut said Thursday that it has been put on notice that the U.S. Attorney's Office for the Southern District of New York is looking at the company. Shares of Krispy Kreme (KKD, Trade) sat at $5.75 at the market's open. The federal agency told the company it will talk to certain current and former officers and employees of the company. Though the agency didn't detail what it was investigating, the company believes it relates to the Securities and Exchange Commission's in-depth review of how the company has accounted for the acquisition of certain franchised Krispy Kreme businesses, particularly those that may have been owned by families and friends of officers. Krispy Kreme is teetering on the brink of bankruptcy after disclosing earlier this month that it is facing a cash crunch. Also this month, the company layed off a number of people and said it would take at least $600,000 in charges to cover the costs. Last month, Krispy Kreme posted its first fourth-quarter loss since going public; forced out its chief executive Scott Livengood; and hired turnaround specialist Stephen Cooper to take the helm. Since the SEC began its probe last year, the company has lost most of its market capitalization. Since May, shares of Krispy Kreme have plunged nearly $30. For late-breaking market news you can't afford to miss, go to http://CBS.MarketWatch.com
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'70 Mustang Mach 1 351C 4V/FMX/3.25 Open
'70 Mustang Convertible 250 I6/3 speed/2.79 Open
'72 Mustang Sprint Hardtop 351C 4V/FMX/4.30 Trac Loc
'94 F-150 XL 5.8L/E4OD/3.55 Limited Slip
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