| ||||
Updated RecentlyCinnzeo vs Grand Traverse Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Cinnzeo vs Grand Traverse including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $214,000 - $621,000 | $400,000 - $500,000 |
| Franchise Fee | $15,000 | $25,000 |
| Royalty Fee | 7% | 5% |
| Advertising Fee | - | - |
| Year Founded | 1987 | 1996 |
| Year Franchised | 1998 | 1996 |
| Term Of Agreement | 10 years | 10 years |
| Term Of Agreement | 10 years | 10 years |
| Renewal Fee | $4K | $2500 |
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 | - |
Company Overviews
About Cinnzeo
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.