No CEO Can Fix Krispy Kreme's Broken Business
Krispy Kreme announced its CEO was terminated Monday. But CNBC stock analyst Cramer says that when it comes to KKD stocks, management shuffles do not matter. The problem is the basic business model. Franchisees are being forced to sell because there are no profits to be had.
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About Don Sniegowski
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Don Sniegowski is editor of Blue MauMau, the daily news journal for franchise & small business owners. Contact him at +1 (270) 321-1268 or editor@bluemaumau.org.
Selling no-profit Krispy Kreme's
Just how well do Franchisees do when they try to sell their No-Profit Krispy Kreme's?Krispy Kreme is the Quiznos
of the Donut industry.High leases and debt service
When your leases average 15k, and your debt service is about the same no wonder they can't make any money. The should down size and do these things in 1400 sf retail centers.