![]()
|
Below is an in-depth analysis and side-by-side comparison of Paradise Bakery & Cafe vs Bagel Bagel including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $480,000 - $1,205,000 | $170,000 - $425,000 |
Franchise Fee | $40,000 | $20,000 - $25,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | - | 2% |
Year Founded | - | - |
Year Franchised | - | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
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 |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
||
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.
Bagel Bagel Cafe opened its first location in Tallahassee, Florida-July 1991 as Bagel Bagel,
"A Place So Nice We Named It Twice".
John Stout, founder of the concept, created the idea by utilizing skills he attained while working and managing a diverse number of restaurants in various regions of the country. John's experiences have allowed him to create an eclectic menu with unique cooking techniques that makes Bagel Bagel Cafe the success it is today. Bagel Bagel Cafe is growing rapidly, and is looking for Franchisees who: * Want to own an exciting restaurant concept * Prefer normal business hours vs. traditional dinner restaurants * Are looking for a concept with experienced franchise support without the unreasonable costs * Have at least $150,000 available to open their store Bagel Bagel Cafe is currently reviewing applications for new franchisees. Many of our locations are only open for breakfast and lunch, allowing operators a more flexible schedule.