|
Below is an in-depth analysis and side-by-side comparison of Le Macaron French Pastries vs Joey Bag a Donuts including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $131,500 - $361,500 | $207,700 - $587,800 |
Franchise Fee | $45,000 | $30,000 |
Royalty Fee | 6% | 5% |
Advertising Fee | 0.5% | 1% |
Year Founded | 2009 | 2009 |
Year Franchised | 2012 | 2012 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | $7000 | - |
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/No | -/- |
Training & Support |
||
Training | On-The-Job Training: 24 hours | On-The-Job Training: up to 5 days Classroom Training: up to 10 days |
Support | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection | Purchasing Co-ops Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
Marketing | Ad Templates Regional Advertising Social media SEO Website development Loyalty program/app | Co-op Advertising Ad Templates |
Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 4 - 6 |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | Yes |
International Expansion | Yes | - |
Say "Oui" to an Exceptional Opportunity & Discover our simple, niche concept with limited direct competition. Our true French macarons are the perfect delicacy, original and elegant; French gelato, French pastries, European style beverages and more!
We specialize in Donuts. Check out our Facebook https://www.facebook.com/donettehoff/ to see a delicious sample.