|
Below is an in-depth analysis and side-by-side comparison of Cinnzeo vs Bread Basket including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $214,000 - $621,000 | $172,400 - $294,450 |
Franchise Fee | $15,000 | $20,000 |
Royalty Fee | 7% | - |
Advertising Fee | - | - |
Year Founded | 1987 | 1989 |
Year Franchised | 1998 | - |
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.
NO LONGER FRANCHISING
Our wicker bin of crisp prepared breads and biscuits have permitted us to end up distinctly both a pastry shop and blessing shop! We realized that Franchising was a genuine stride and would include a profound level of responsibility on our part. We needed to give our Franchisees a similar quality item and administration that we have constantly given our clients. In any case, we doubted ourselves - Was our product offering sufficient? Was our arrangement of operation sound? Did we have enough involvement in the business to guide and support our Franchisees? Again and again, the answer was "yes"! We were prepared to go! Presently the question is - ..would you say you are? We will give you the formula for a quality item and the elements for remarkable client benefit; it will be your business to heat up an effective Bread Basket Franchise! We welcome you to apply today.
Our crate of crisp heated breads and biscuits have permitted us to end up distinctly both a pastry kitchen and blessing shop! We realized that Franchising was a genuine stride and would include a profound level of duty on our part. We needed to give our Franchisees a similar quality item and administration that we have constantly given our clients. Be that as it may, we doubted ourselves - Was our product offering adequate? Was our arrangement of operation sound? Did we have enough involvement in the business to guide and support our Franchisees? Again and again, the answer was "yes"! We were prepared to go! Presently the question is - ..would you say you are? We will give you the formula for a quality item and the elements for exceptional client benefit; it will be your business to heat up an effective Bread Basket Franchise! We welcome you to apply today.
"We feel extremely sure we can educate the procedure as we probably am aware it, and that the open door exists for it to end up distinctly fruitful."