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Below is an in-depth analysis and side-by-side comparison of Michel's Baguette vs Lee's Sandwiches including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $350,000 - $800,000 | $235,830 - $1,830,000 |
Franchise Fee | $40,000 | $35,000 - $75,000 |
Royalty Fee | - | 6.9% |
Advertising Fee | - | 2%local +2%Nat'l |
Year Founded | - | - |
Year Franchised | - | - |
Term Of Agreement | - | 10 years +5+5+5 |
Term Of Agreement | - | 10 years +5+5+5 |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | Your or your designated manager will be required to attend an initial training course of 12 weeks for a Production Unit, 8 weeks for a Non-Production Unit or Mall Unit. This initial training will focus on various aspects of your restaurant and include both classroom and on-the-job training. |
Support | - | *For approximately 10 days we will furnish one of our representatives on site for opening and operations assistance. *provide operational assistance and guidance *loan you a copy of the LEE'S SANDWICHES operations manual |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | Yes | - |
International Expansion | - | - |
Michel’s Bakery Café is a café chain found throughout Canada. The main
draw is the beverages, both hot (coffee, cappuccino, latte, espresso,
and hot chocolate) and cold (smoothies, juices, soft drinks, and bottled
water). In addition to drinks, Michel’s Bakery Café also has a sizeable
selection of foods. With a menu that includes breads and pastries,
sandwiches, soups and salads, and breakfast items, Michel’s Bakery Café
is sure to satisfy its customers’ cravings.