|
Below is an in-depth analysis and side-by-side comparison of Panera Bread/Saint Louis Bread Company vs Donut King including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $1,010,985 - $2,252,846 | $295,000 - $340,000 |
Franchise Fee | $35,000 | $55,000 |
Royalty Fee | 5% | 7% |
Advertising Fee | - | 3% |
Year Founded | 1987 | - |
Year Franchised | 1993 | - |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | *Experience as a multi-unit restaurant operator *Recognition as a top restaurant operator *Net worth of $7.5 million *Liquid assets of $3 million *Infrastructure and resources to meet our development schedule *Real estate experience in the market to be developed *Total commitment to the development of the Panera Bread brand *Cultural fit and a passion for fresh bread | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | - |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
Franchisees required to buy multiple units/master licenses; 100% of all franchisees own more than one unit Number of employees needed to run franchised unit: 40 - 60
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
During the past three decades, Donut King has evolved into Australia’s largest specialty donut and coffee destination, with more than 330 outlets across Australia, New Zealand, China, Papua New Guinea and the Kingdom of Saudi Arabia. Apart from its world-famous DK Cinnamon Donuts, Donut King also treats customers of all ages to 'original' and 'classic' donut ranges, milkshakes; Quake Shakes®, frozen beverages, hot dogs, ice creams, toasts, and its very own blend of espresso coffee, Royal Bean. We offer a large range of store types ranging from a drive thru operation to a full format inline cafe or kiosk with seating.