[Kabar-indonesia] Krispy Kreme announces deal for Indonesia franchise

[Joyo at aol.com]

Associated Press 
August 5, 2006

Krispy Kreme announces deal for Indonesia franchise

RALEIGH, North Carolina (AP): Krispy Kreme Doughnuts Inc. announced Friday it 
will continue expanding overseas with a franchise deal in Indonesia.

The Winston-Salem-based doughnut maker said it has awarded development rights 
for 20 stores over 5 years to PT Premier Doughnut Indonesia. The first 
location is scheduled to open by September.

Terms of the deal were not disclosed, though Krispy Kreme said it would not 
hold an ownership position in the franchise.

Since May, Krispy Kreme has announced franchise deals for stores in Hong 
Kong, Macau, Japan and the Middle East.

Krispy Kreme was founded in 1937 in Winston-Salem and now has about 300 
stores and 90 satellite operations in the U.S., Australia, Canada, Mexico, South 
Korea and the United Kingdom.

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Joyo Indonesia News Service
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