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Below is an in-depth analysis and side-by-side comparison of Paradise Bakery & Cafe vs Baldinos Giant Jersey Subs including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $480,000 - $1,205,000 | $100,000 - $200,000 |
Franchise Fee | $40,000 | $10,000 |
Royalty Fee | 5% | 4.5% |
Advertising Fee | - | 0.5% |
Year Founded | - | 1975 |
Year Franchised | - | 1984 |
Term Of Agreement | 10 years | 15 years +10 |
Term Of Agreement | 10 years | 15 years +10 |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | * Prior experience as a successful multi-unit restaurant owner/operator; * Strong leadership and management skills with a minimum of 5 years in the restaurant industry; * Minimum net worth of $2.5 million with sufficient cash liquidity and financial resources to open and operate a minimum of 5 locations over the next 2-3 years, Paradise Bakery does not sell single-unit franchises; * Entrepreneurial management style that will thrive within the operational guidelines set forth in the Paradise Bakery & Cafe �Ideal Scene�; * And you must possess a passion for �great people serving great food�! | - |
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 | - | Headquarters 4 Weeks |
Support | - | Central Purchasing: Included in Fees
Field Operation Evaluation: Included in Fees
Field Training Initial Store Opening Inventory Control Franchisee Newsletter Regional or National Meetings 800 Telephone Hotline |
Marketing | - | - |
Operations | - | Average Number of Employees: 8 Full-time, 12 Part-time Passive Ownership: Not Allowed |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
While the "fast casual" bakery/cafe concept has gained popularity with consumers, developers and investors in recent years, Paradise Bakery & Cafe was one of the pioneers in this segment of the restaurant industry. Since its founding in 1976, the Company has followed a conservative growth strategy, choosing to establish its brand and reputation in the industry before expanding its presence. We have had significant interest in franchising opportunities as Paradise has successful street, downtown, resort, airport and mall locations. We are presently looking to franchise on a very limited basis, and only in certain key geographic markets. For those markets, we are looking for established multi-unit operators to join our passion driven culture as franchisees and make a commitment to high quality, delicious, freshly prepared food served with exceptional customer service in a warm and inviting atmosphere.
Anyone who has ever been to New Jersey knows how a real Jersey Sub should taste. And it's that taste that has kept so many hungry people coming back again and again to Baldino's. We have offered that same great taste in our subs since the day we opened. From our classic flattop style grilling, to the freshest ingredients all stuffed into a terrific Italian roll, Baldino's tradition continues to grow with the same great taste and quality that inspired our first Fayetteville location over 35 years ago.
Now with more than 20 locations throughout North Carolina and Georgia, the Baldino's traditions continues with an ever-expanding line-upof new, fresh sandwiches, great sides and drinks to keep you coming back again and again.
The proprietors of the Fayetteville area Baldinos, the Pappas family, would like to extend our deepest gratitude for your continued support. If there is anything we can do to make your experience more enjoyable , please let us know. And if you're one of our racing fans, please tell a friend!