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Below is an in-depth analysis and side-by-side comparison of Chez Cora vs First Watch Restaurants including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $591,000 - $883,500 | $899,800 - $1,522,000 |
Franchise Fee | $45,000 | $45,000 - $80,000 |
Royalty Fee | 6% | 4% |
Advertising Fee | 3% | up to 3% |
Year Founded | 1987 | 1983 |
Year Franchised | 1993 | 1983 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
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 | Six to seven week training program theoretical and practical | - |
Support | The main function of the Franchisor is to assist the franchise system. This means providing ongoing phone calls, restaurant visits and coaching to ensure all Cora's systems, specifications and standards are in place to drive consistent operations and profitable sales. | We work together with each franchisee to determine (1) the size of the development area of the market you are interested in pursuing, (2) the number of restaurants to be developed and (3) the schedule of openings. We also provide support in the areas of Real Estate site selection, training, marketing and a comprehensive Operations Manual. |
Marketing | - | - |
Operations | We require owner/operators. | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
"Queen of Quebec Breakfasts."
Cora, an enterprising businesswoman with eight thriving restaurants, had yet another recipe for success. Motivated by the success of her breakfast concept, Cora and her ambitious family decided to franchise their restaurants. For Cora, developing the breakfast food business niche meant doing it better than anybody had ever done it anywhere. Like any good recipe, success takes time to perfect. Cora, supported by her diligent team, slowly but surely developed more expertise in the business, and her unerring drive for perfection earned her the title, "Queen of Quebec Breakfasts." Because she loved cooking for a crowd, Cora was continually opening new restaurants until she realized she could teach others her winning recipe. So began her foray into franchising. In 1993, Cora explored the possibility of franchising and was delighted to find that her business formula met all the criteria established by franchising specialists. Her dream of having restaurants throughout Quebec was about to become a reality. Franchising soon became Cora's business strategy to achieve her primary objective. For Cora, franchising allowed her to: offer breakfasts in as many places as possible, as often as possible and to as many customers as possible. Cora's offers:
First Watch Restaurants was founded in 1983 in Pacific Grove, CA on the simple concept of putting customers first. In other words, we strive to provide unexpectedly extraordinary experiences everyday. It's all part of our "YOU FIRST" service philosophy - our commitment to doing whatever it takes to make our customers' visits memorable. First Watch Restaurants begin each day at the crack of dawn, slicing fresh fruits and vegetables, baking muffins and whipping up our French toast batter from scratch. We're committed to freshness using - some of the finest ingredients available - never compromising quality. First Watch Restaurants' unique Breakfast, Brunch and Lunch creations are freshly prepared to each order. When customers arrive, we welcome them with a pot of our coffee, complimentary newspapers and Wi-Fi Internet access. Today, First Watch Restaurants, Inc. is one of the largest privately owned, daytime-only restaurant companies in the country. Headquartered in Bradenton, FL, and operating more than 80 restaurants in 11 states, First Watch Restaurants offers something for everyone, from traditional Breakfast, Brunch and Lunch favorites to our signature creations. Business or pleasure, we take pride in meeting the special needs of our customers. If you have experience operating, managing or owning successful restaurants, are passionate about the First Watch Restaurants brand and truly want to succeed and be part of something fresh and unique, then you're just the kind of person we are looking for!