|
Below is an in-depth analysis and side-by-side comparison of Cianci European Eatery vs Pinkberry including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $356,000 - $508,000 | $150,000 - $500,000 |
Franchise Fee | $25,000 | $45,000 |
Royalty Fee | 5% | 6% |
Advertising Fee | - | 2% local +2%Nat'l |
Year Founded | 1998 | 2005 |
Year Franchised | 2005 | 2005 |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 years | - |
Renewal Fee | - | - |
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/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | - | - |
Support | Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks | - |
Operations |
Number of employees needed to run franchised unit: 15 - 15
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
Delectable cuisine born in the bustling, bistros of Europe. A palate nurtured in the healthy eateries of a burgeoning American marketplace. This is the inspiration for Cianci European Eatery. Created by founder Laura Cianci, and opened in 1998, the European Eatery offers customers the unique combination of a sumptuous healthy menu, with the warm and inviting feel of a European bistro. It will offer you one of the most exciting and successful new concepts in the world of franchising today. Cianci European Eatery is a proven concept, with unlimited potential. It will give you the opportunity to build a successful business with a time investment of just 10 hours per day while capturing a profitable niche in a rapidly growing marketplace. We're currently opening new, untapped markets, exclusive territories and great opportunities for the right franchise partners. Don't miss this opportunity to get a taste of a healthy bottom line. Your success is our number one priority. That's why we stand poised to provide you with the systems and resources you'll need to grow a successful operation. We have assembled a top team of experts in operations, training, marketing and development. From the day you begin working with Cianci, through development, grand opening and growth, we'll be there to support your needs and growth.
THE LEADING, ENDURING, FROZEN YOGURT BRAND Since Pinkberry's dispatch in 2005, the Company has set up a prevailing authority position in the solidified yogurt classification and a faction like after with its clients. Pinkberry has appreciated energetic gathering and solid development all through its home market of Los Angeles and has turned out to be for all intents and purposes synonymous with quality solidified yogurt. This fervor has now come to the nation over to the New York City advertise where the Company again has been met with energetic clients, enthusiastic for Pinkberry. The Company was even named "Best New Frozen Yogurt" in April of 2008 by Readers' Choice, Eat Out Awards. Pinkberry has been the beneficiary of a lot of extraordinary press, which has assembled gigantic mindfulness around the world for the brand. Pinkberry has been called "the taste that propelled 1,000 stopping tickets" and "a social wonder" by driving media outlets. The Company has even been built into various TV programs, for example, Saturday Night Live, Without a Trace, The Tonight Show with Jay Leno, Ugly Betty, The Hills and Gossip Girl to give some examples. Pinkberry is balanced for huge residential development and worldwide extension. We are hoping to cooperate with experienced region engineers in select vital markets. Presently we are looking for long haul associations in: Chicago, IL, Miami, FL, Dallas, TX , Phoenix, AZ, Seattle, WA and Honolulu, HI