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Krispy Kreme Doughnuts, Inc. Message Board

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  • mrchimpgoestowahsington mrchimpgoestowahsington Jun 18, 2005 9:01 AM Flag

    Stephen Cooper's strategy

    <<<... and if you are a franchisee you would need to think how you maximise your exit from this disaster.>>>

    I would think that most franchisees are already slow paying or even withholding the franchise fees. I would be making 1,001 excuse why not to pay on time and in full the loans for equipment that are due to KKD. The reason is that I have no clue what's going to happen to the mother ship or I have a suit pending against KKD...

    In the end, it boils down to, does KKD want a little money from the franchisee's royalties and loan payments or do they want to foreclose on the store and take their liabilities and have to make some big writedowns.

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