When did Donut King Open?
19811981 and ever since, Donut King has continued to grow, now boasting more than 220 stores across Australia, making us the biggest and best donut empire the country has ever seen!
Who started Donut King?
That’s because of a refugee who built up an empire, and became known as the Donut King, only to lose it all. Ted Ngoy was a high school student in Phnom Penh when he first set eyes on Suganthini Khoeun, the daughter of a high-ranking government official.
Who owns doughnut King?
Donut King
| Type | Subsidiary and franchise system |
|---|---|
| Number of locations | 360 + |
| Products | Coffee, doughnuts, soft drinks, ice creams, milkshakes, thickshakes, frozen carbonated beverages, hot dogs, |
| Owner | Retail Food Group |
| Website | www.donutking.com.au |
How much is the Donut King worth now?
In just a few years, Ngoy was the undisputed Donut King, who managed to stave off the arrival of Dunkin Donuts from the East Coast, and took a significant bite out of Winchell’s market share. At the peak of his success, his net worth was an estimated $20 million.
How did Donut King start?
After a year of running two shops they had saved $40,000 and Ted decided to expand. He bought a bigger doughnut shop, and offered to lease the original Christy’s to a family of Cambodian refugees, who had been working in fast food outlets on low wages. He trained them and handed over the keys.
How did the donut king lose everything?
When he couldn’t pay them back because he had gambled the money away, Ted signed away his ownership stake in those stores. One by one, Ted lost all of his donut shops. Broke, Ted and Christy returned to Cambodia.
How did the Donut King lose his fortune?
A new documentary chronicles the fascinating saga of Ted Ngoy, “The Donut King,” who made a fortune and then lost it all to a gambling addiction. “It was a different take on a refugee story,” said director Alice Gu, an L.A. native who’d long been enthralled by the rags-to-riches-to-rags story.
How much is a doughnut King franchise?
about $280,000 to $380,000
It generally costs about $280,000 to $380,000 to buy a Donut King franchise as an initial investment but there are other costs to consider: Deposit bond for the store: $3,000 (varies depending on whether you’re in a shopping centre or not). Ongoing franchise service fee: 7% of total sales.
Why did Uncle Ted leave Cambodia?
Ngoy’s political career ended in 2002 after breaking with two powerful allies, the commerce minister and the head of the Cambodian Chamber of Commerce. He dissolved his party and accused the government of corruption. The next day, he flew back to Los Angeles leaving behind his new wife and their two children.
Do Donut King donuts contain egg?
Our products may contain cereals containing gluten and their products, namely, wheat, rye, barley, oats and their hybridised strains, crustacea, fish & shellfish and derivatives, dairy and dairy derivatives (including lactose), egg and egg derivatives, honey and bee products (including royal jelly), peanuts and peanut …
How a refugee built a donut empire?
An immigrant story unlike any other, Alice Gu’s The Donut King follows the twisty, unexpected journey of Cambodia refugee Ted Ngoy, who arrived in California in the 1970s and, through a mixture of diligence and luck, built a multi-million dollar donut empire up and down the west coast.
Why are there so many donut shops in LA?
Local doughnut shops are a quintessential part of life in Southern California, a food culture fostered largely by Cambodian immigrants. Many Cambodians who fled the Khmer Rouge and arrived to the United States in the 1970s and 1980s built up an industry around the iconic American treat in the state.
What are Cambodian donuts?
But with due deference to both, we can’t resist the uniquely Cambodian doughnuts sold at street stalls. Known as Noum Kong, they are crispy on the outside and chewy on the inside, with an almost mochi-like texture thanks to the sticky rice flour that is their main ingredient.
How do I watch Donut King?
Watch The Donut King Streaming Online | Hulu (Free Trial)
What channel is The Donut King on?
Now on Hulu, The Donut King shows us how one man, Ted Ngoy, led thousands of Cambodian immigrants to take over the Los Angeles donut-shop scene.