|
Below is an in-depth analysis and side-by-side comparison of Cindy's Cinnamon Rolls vs Donut King including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $69,000 - $130,500 | $295,000 - $340,000 |
Franchise Fee | $25,000 | $55,000 |
Royalty Fee | 5% | 7% |
Advertising Fee | - | 3% |
Year Founded | 1985 | - |
Year Franchised | 1986 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
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, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Ad slicks | - |
Operations |
10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 8 Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Cindy and Tom Harris were inspired to open their own shop after seeing customers line up to watch warm cinnamon rolls come out of the oven at a bakery. The couple felt making and selling warm cinnamon rolls in a mall would be a hit, so they opened their first Cindy's Cinnamon Rolls store in Fort Collins, Colorado, in 1985. Customers were drawn to the store by the smell of the baking rolls, and would line up for the warm rolls and coffee.
Cindy's began franchising in 1986 and now has stores in malls across the United States in addition to several international locations.
During the past three decades, Donut King has evolved into Australia’s largest specialty donut and coffee destination, with more than 330 outlets across Australia, New Zealand, China, Papua New Guinea and the Kingdom of Saudi Arabia. Apart from its world-famous DK Cinnamon Donuts, Donut King also treats customers of all ages to 'original' and 'classic' donut ranges, milkshakes; Quake Shakes®, frozen beverages, hot dogs, ice creams, toasts, and its very own blend of espresso coffee, Royal Bean. We offer a large range of store types ranging from a drive thru operation to a full format inline cafe or kiosk with seating.