|
Below is an in-depth analysis and side-by-side comparison of Cinnzeo vs Bountiful Bread including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $214,000 - $621,000 | $750,000 - $1,200,000 |
Franchise Fee | $15,000 | $37,500 |
Royalty Fee | 7% | - |
Advertising Fee | - | - |
Year Founded | 1987 | - |
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 | - | # 4 week training program # Systems Guides including Training Manuals # Interviewing and hiring procedures # Food preparation and customer service training |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | A franchisee of Bountiful Bread LLC will have the full support and assistance from a team that understand all aspects of running a successful Bountiful Bread bakery cafe.
# National purchasing benefits with major suppliers # Systems Guides for daily operations # Point of Sale system advice |
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
Bountiful Bread was invented by David White and Mark Burgasser in Albany, NY in 1998. It was initially a bread operation with only 1600 square feet. After an incredible reception and great customer feedback, the concept grew into sandwiches, soups, and deserts. In May 2004, Bountiful Bread in Albany opened in a new space with 4800 square feet. Since then, annual sales have grown to almost $2.6 million and continue their upward climb. All of this is in the face of other bakery cafe competitors that are located within 1 mile away. The customer responses have been clear " Bountiful Bread is the gold standard for the bakery cafe business and is a clear winner with customers, staff and management.
Through relationships developed in the restaurant business over many years, we have established an incredible leadership team. The team represents over 150 years of experience in the restaurant business.
We have an energy for making crisp bread without any preparation with just the best neighborhood fixings. It's unmistakable to us that our energy is clear to our clients - we convey bread each day, with the exception of Sunday, to many fine eateries.
Each morning, our newly prepared breads and rolls are conveyed for conveyances all through Albany's encompassing locales. At present, our prepared breads go to Saratoga Springs, Delmar, Albany, Clifton Park, and even similarly as Lake George - yet we aren't restricted to these areas.
The request continues developing, thus does our affection for what we do! Whether you are searching for something exceptional to add to your eatery or to buy bread for an expansive scale occasion, consider Bountiful Bread's discount choice to hold your visitors returning for additional.