|
Below is an in-depth analysis and side-by-side comparison of THE bagel BAR vs Duck Donuts including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $240,000 - $320,000 | $348,350 - $568,000 |
Franchise Fee | $32,000 | $30,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | 2% | 2% |
Year Founded | 2002 | 2006 |
Year Franchised | 2002 | 2013 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | We require a minimum of $150,000 in liquid funds (cash, savings, mutual funds, stocks, etc.) and a minimum of $500,000 in total net worth to financially support opening a new Duck Donuts franchise. |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | - | On-The-Job Training: 24 hours Classroom Training: 16 hours |
Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
Operations | - | - |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
Our International development and growth includes Master Franchise Brand Partners in the following countries and/or regions;
We are currently in negotiation to further expand the brand in the following countries and/or regions;
We continue to grow and evolve the brand incorporating our signature range of products and some local and cultural recipes in our new and additional products. Our global commitment is to work with and invest in brand partners of the highest quality and caliber, which will enable the brand to continue and maintain our high levels of quality products and customer service.