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Below is an in-depth analysis and side-by-side comparison of Baldinos Giant Jersey Subs vs Corner Bakery Cafe including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $100,000 - $200,000 | $854,000 - $2,375,000 |
Franchise Fee | $10,000 | $25,000 |
Royalty Fee | 4.5% | 5% |
Advertising Fee | 0.5% | - |
Year Founded | 1975 | - |
Year Franchised | 1984 | - |
Term Of Agreement | 15 years +10 | - |
Term Of Agreement | 15 years +10 | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | * $7.5 million net worth * $3 million liquidity (non-borrowed cash availability) * Interest in developing multiple cafes in a market or combination of markets * Relevant multi-unit restaurant / retail experience in market to be developed * Reside in market to be developed * Demonstrated real estate expertise in market * Existing infrastructure in place * Strong cultural fit * History of community involvement * Appreciation of great food * �Best in class� operators within your current system * Employer of choice within your current system |
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 | - | - |
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!
Corner Bakery Cafe has its eyes on more cafes in the Austin market and throughout Central Texas. "Austin is a booming market that has long been on our radar," "The large student population, presence of young business professionals and strong economy of our state capital make it the perfect place to offer our fast-casual dining experience." "We already have 22 thriving franchise and company-owned Corner Bakery locations around the state, and the prospect of adding at least 50 additional cafes in the next eight years is very exciting," said John LaBarge, vice president of franchise business development at Corner Bakery Cafe. Here's what we're looking for: * $7.5 million net worth * $3 million liquidity (non-borrowed cash availability) * Interest in developing multiple cafes in a market or combination of markets * Relevant multi-unit restaurant / retail experience in market to be developed * Reside in market to be developed * Demonstrated real estate expertise in market * Existing infrastructure in place * Strong cultural fit * History of community involvement * Appreciation of great food * "Best in class" operators within your current system * Employer of choice within your current system