|
"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:
Below is a quick comparison of Chez Cora against other All-Day Breakfast Restaurant franchises and business opportunities. For an in depth comparison of Chez Cora with another opportunity including start-up costs and fees, business experience requirements, training & support and financing options click on the name of the company to view the detailed comparison.
Franchise | Franchise Fee | Royalty | Advertising Fee | Development Costs |
Breakers Fresh Food Cafe Ltd. | $30,000 | 5% | 1% + $100 per month | $200,000-$300,000 |
Bubbleology | $30,000 | 5% | 1% | $205,850-$458,950 |
Cora's | $45,000 | 5% of net | 2% National Fund; 1% Local Fund | $550,000-$900,000 |
De Dutch Pannekoek House | $42,000 | 5% | 3% | $350,000-$750,000 |
Egg and I Restaurants, The | $35,000 | 4.5% | 2% | $310,000-$615,000 |
Eggs Up Grill | $39,500 | 4% | 1% | $510,414-$887,897 |
Eggsmart | $15,000 | 5% | 2% | $215,000-And Up |
Famous Toastery | $40,000 | 5% | 1%-2% | $600,500-$1,024,500 |
First Watch Restaurants | $45,000-$80,000 | 4% | up to 3% | $899,800-$1,522,000 |
Flying Biscuit Cafe | $45,000 | 5% | 2% | $442,500-$737,000 |
Golden Griddle | $25,000 | 5% | $100,000-$450,000 | |
Green Beans Coffee Company | $25,000 | 5% | 1%Nat'l + 1/2%Local | $249,500-$502,000 |
Huckleberry's | $35,000 | $270,000-$1,342,000 | ||
Huddle House | $25,000-$35,000 | 4% | 510,435 to $1,379,575 | $510,435-$1,379,575 |
IHOP | $40,000-$50,000 | 4.5% | 3.5% | $414,866-$3,374,043 |
J.Christopher's | N/A | 5% | 1% | $450,000-$550,000 |
Jimmy's Egg | $20,000 | 4% | Nat'l 0.5% Local 3% | $234,200-$746,000 |
Le Peep | $30,000 | 5% | $100,000-$550,000 | |
Original Pancake House, The | $60,000 | $372,500-$966,250 | ||
Ricky's Cafe | $45,000 | 5% | 3% | $300,000-And Up |
Ricky's Hotel Partnership Program | $45,000 | 5% | 3% | $650,000-And Up |
Royal Waffle King | $20,000 | $434,900-And Up | ||
Scramblers | $25,000 | $438,000-$702,000 | ||
Sunnyside Grill | $25,000 | 4% | 1% | $200,000-$400,000 |
Toastique | $45,000 | $280,750-$482,200 | ||
Tutti Frutti | $25,000 | 5% | $213,075-$479,550 | |
Waffle Brothers | $40,000 | 5% | $161,000-$288,750 | |
Waffy's | $30,000 | 6% | 2% | $116,680-$310,000 |