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ORLANDO-Confident its Caribbean cuisine concept will be accepted by area diners, New York-based Golden Krust Caribbean Bakery & Grill is investing about $300,000 in the construction of a 2,300-sf store in Mandarin Plaza, 5510 W. Colonial Dr. in west Orlando.

Golden Krust has signed a 10-year lease with two-five year options in a lease valued at $400,000, according to Jim Densmore and William Pellatt, senior brokers at Signature Realty & Development. Mandarin Plaza’s owner is Fairway Restaurant Equipment.

The build-to-suit structure is expected to open in first quarter 2005. The restaurant will seat 40 patrons. An outdoor patio is also planned to handle additional customers. Mandarin Plaza owner Matthew Tang is acting as Golden Krust’s local advisor.

The Mandarin Plaza site is Golden Krust’s entry to Central Florida, Densmore tells GlobeSt.com. The company has three locations in South Florida and a total 60 locations nationwide. “They’re planning to have 250 stores in operation within the next five years,” Densmore says. In the Orlando area, Golden Krust “will be great competition to the numerous mom and pops that dominate the market,” the broker tells GlobeSt.com.

Densmore says the Golden Krust restaurant-bakery concept started in 1989 with one family-run story in the Bronx, NY. “It has since evolved into a multi-million dollar corporation, offering franchises across the Unites States, and positioning itself as a major player in the fast-food industry,” Densmore says. The company’s subsidiary is Golden Krust Franchising Inc.

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