|
Below is an in-depth analysis and side-by-side comparison of Cinnzeo vs Bread Poets Baking Company including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $214,000 - $621,000 | $166,000 - $259,000 |
Franchise Fee | $15,000 | $24,000 |
Royalty Fee | 7% | 4% |
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 | - | - |
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.
Thank you for your interest in opening a Bread Poets. Whether you want to "roll” in the dough or just make lots of bread - Bread Poets offers a turn-key system for you to realize the American dream.
Bread Poets provides a unique opportunity to make an incredible tangible product and immediately see the fruits of your labor. Sure it’s hard work but having been in this business for almost 15 years, we can honestly say that it is extremely gratifying!
We take the franchising end of our business very seriously and are committed to giving our franchisees all the tools necessary to succeed. However, with any business venture, the recipe for success falls squarely on the shoulders of the individuals running each location. There’s an old adage in the franchise business: "You’re in business for yourself but not by yourself”. Therein lies the strength of a franchise system. We’ve been through many hardships, constantly refined our systems and recipes, and basically know this business inside and out. You not only invest in the name Bread Poets and our products, but you benefit from the lessons we’ve already learned - giving you the advantage to hit the ground running with a tried and true system that works and a product that will simply amaze your customers!
We hope you’ve had the chance to visit Bread Poets - soaking in the atmosphere of busy bakers hoppin’ around the bakery to an upbeat melody as the fresh bread is being pulled from the oven. The sight, the sound, the smell and the taste leave an indelible impression on all who walk through our doors. The products are unique only to us and the chatter at the bread board affirms that there is nothing quite like Bread Poets bread.
If you should be among the chosen to open a Bread Poets you will spend time in our Bismarck location learning how to run a bakery - from doing the doughs, to baking, to customer service up at the counter. We will cover it all. There will also be office training that covers bookkeeping, recordkeeping, ordering and staffing.