|
Below is an in-depth analysis and side-by-side comparison of Cinnzeo vs bb's Coffee and Muffins including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $214,000 - $621,000 | $145,000 - $280,000 |
Franchise Fee | $15,000 | $26,000 |
Royalty Fee | 7% | 7% |
Advertising Fee | - | - |
Year Founded | 1987 | 1986 |
Year Franchised | 1998 | 1986 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $4K | - |
Business Experience Requirements |
||
Experience | - | |
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 | - | - |
Operations |
Number of employees needed to run franchised unit: 2 - 6
Absentee ownership of franchise is allowed. | - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
The founders of Cinnzeo got their start as franchisees for another cinnamon roll company in 1987. In the next 10 years, they opened 20 stores in Western Canada, but grew unhappy with the direction the company was aking. In 1997, the franchisees decided not to renew their contract and instead opened their own company. By 2000 Cinnzeo, now led by president Brian R. Latham, had grown from those original 20 stores to 64, expanding into the Philippines and parts of Southeast Asia.
bb’s (short for bakers & baristas) began in Australia in 1985. The first bb’s opened in the Australia Fair shopping centre in Southport, Queensland, on the Gold Coast.
When muffins began to outsell every other item at bb’s we realised we’d found our calling. And we followed it.
But what’s an oven-fresh muffin without delicious, barista-made coffee? Our baked treats just love good company (a little bit like ourselves really).
Before long we were known as bb’s coffee & muffins, and we came to the UK in 1997. After much muffin-testing and coffee-drinking, we have over 50 cafés in the UK and Ireland, and we’re still as excited as on day one.