|
Below is an in-depth analysis and side-by-side comparison of Dunkin' vs Yummy Cupcakes including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $199,700 - $1,688,200 | $185,679 - $325,665 |
Franchise Fee | $40,000 - $90,000 | $35,000 |
Royalty Fee | 5.9% | 5% |
Advertising Fee | 5% | 1% |
Year Founded | 1950 | 2004 |
Year Franchised | 1955 | 2011 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | The enjoyment of working in your community, being a contributing community small business and supporting your community. A pride of ownership and sense of social responsibility. If you have the enthusiasm, drive and commitment to growing your own empire, we want to talk with you. |
|
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
||
Training | Prior to opening your first Restaurant, you (one person) must attend a 3-day franchise business course conducted throughout the year in the Boston, Massachusetts, area. Following completion of that course, both the franchisee candidate and a designated representative must complete the Dunkin' Donuts Core Initial Training program, which includes classroom/instructional time that may be held at Dunkin' Brands University in Braintree, Massachusetts, or Orlando, Florida, or in a designated training Restaurant. Some of our required classes are only offered on the Internet as web-based training. On-The-Job Training: 244-354 hours Classroom Training: 45-54 hours | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | Yummy Cupcakes will provide you with all the tools you will need in your business. *Local and national marketing to include sales, advertising, promotions, public relations as well as local and national press *Training programs, on-going seminars and conferences *On-site staff to assist with store openings *Marketing manuals to assist you in the day-to-day marketing of your business *A team of Yummy Cupcakes professionals specifically dedicated to supporting your ongoing growth and success |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
Operations |
Absentee ownership of franchise is NOT allowed. | - |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | Yes | Yes |
In 1946, Bill Rosenberg established Industrial Luncheon Services, an organization that conveyed suppers and snacks to specialists in the Boston region. The accomplishment of Industrial Luncheon Services persuaded Rosenberg to begin The Open Kettle, a donut shop in Quincy, Massachusetts. After two years, The Open Kettle changed its name to Dunkin' Donuts.