|
Below is an in-depth analysis and side-by-side comparison of Michel's Baguette vs Yummy Cupcakes including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $350,000 - $800,000 | $185,679 - $325,665 |
Franchise Fee | $40,000 | $35,000 |
Royalty Fee | - | 5% |
Advertising Fee | - | 1% |
Year Founded | - | 2004 |
Year Franchised | - | 2011 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | The enjoyment of working in your community, being a contributing community small business and supporting your community. A pride of ownership and sense of social responsibility. If you have the enthusiasm, drive and commitment to growing your own empire, we want to talk with you. |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | - | - |
Support | - | Yummy Cupcakes will provide you with all the tools you will need in your business. *Local and national marketing to include sales, advertising, promotions, public relations as well as local and national press *Training programs, on-going seminars and conferences *On-site staff to assist with store openings *Marketing manuals to assist you in the day-to-day marketing of your business *A team of Yummy Cupcakes professionals specifically dedicated to supporting your ongoing growth and success |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | Yes | - |
International Expansion | - | Yes |
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.