|
Below is an in-depth analysis and side-by-side comparison of Baker Bros. American Deli vs Energy Kitchen including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $430,500 - $656,000 | $750,000 - $1,000,000 |
Franchise Fee | $25,000 | $30,000 |
Royalty Fee | 4% | 5% |
Advertising Fee | - | - |
Year Founded | 1998 | 1999 |
Year Franchised | 2000 | 2006 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | $5K | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
||
Training | - | * Available at headquarters: 6 weeks |
Support | Meetings, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Ad slicks, Regional advertising | - |
Operations |
International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 15 - 18
Absentee ownership of franchise is allowed. | * 33% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 10 - 10 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
The Baker Bros believe that they have one of the most franchisee-friendly programs in their industry. Baker Bros is franchised through an Area Development Agreement that generally requires a 2 to 5 store minimum for individual franchisees. The Area Development Agreement covers an exact geographical area, franchise terms and conditions, number of units to be opened under the agreement and other details of the franchise program. Baker Bros offers an extensive Franchise Support Program. Tom and Ken are always available to assist you and to answer any questions that you might have. In addition, one of our Franchise Advisors will come to your store periodically to provide personal assistance from Baker Bros. Whatever you might need, there will always be a person at Baker Bros who can help you.
We are dedicated to bringing you great tasting food that's good for you! We use only the highest quality ingredients for meals that are nutritionally-balanced, low fat & packed with protein. Everything is cooked to order, never in advance. Energy Kitchen is a health/body conscious dining venue serving up tasty, low-fat, low carb dishes. The cornerstone of Energy Kitchen™ is its ability to provide the healthiest sandwiches, platters, salads and smoothies in a creative, tasty presentation. Some of our creative innovations include the Turkey Joe Wrap, Bison Cheese steak and BBQ chicken quesadilla. To compliment these meals, we also have a full line of designer smoothies known as the Liquid Lab, which includes the Lean Body Creamsicle and the Protein power punch. All dishes are made to order and are prepared only by grilling, baking, or steaming; the menu excludes beef and focuses on the more healthy substitutes of chicken, turkey, bison and ostrich. The Energy Kitchen provides high energy foods for people on the go - serving breakfast, lunch and dinner.