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Below is an in-depth analysis and side-by-side comparison of Cindy's Cinnamon Rolls vs WOOPS! including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $69,000 - $130,500 | $58,875 - $390,675 |
Franchise Fee | $25,000 | $15,000 - $25,000 |
Royalty Fee | 5% | 4% |
Advertising Fee | - | - |
Year Founded | 1985 | 2012 |
Year Franchised | 1986 | 2015 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | While you do not need baking experience to franchise with Woops!, we recommend that you have a proven track record of managerial experience, an entrepreneurial spirit and the drive to follow our proven business model as you bring Woops! to your community. | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/Yes |
Start-up Costs | No/No | -/Yes |
Equipment | No/No | Yes/- |
Inventory | No/No | -/Yes |
Receivables | No/No | -/Yes |
Payroll | No/No | -/- |
Training & Support |
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Training | - | On-The-Job Training: 240 hours |
Support | Newsletter, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
Marketing | Ad slicks | Ad Templates Social media SEO Website development Email marketing Loyalty program/app |
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 |
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US Expansion | - | Yes |
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.
WOOPS! was born in 2012 from a simple idea: Why not make money by
opening a pop-up shop at the bustling Holiday Shops at Bryant Park in
New York City - sharing delicious, specialty macarons with shoppers? The
response let the founders know they were onto something, and they
wasted no time in looking into how they could build a business on the
idea that macarons make wonderful and special gifts as well as a
day-brightening treat for oneself.