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Below is an in-depth analysis and side-by-side comparison of Big Dad's Pies 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 | $220,000 - $250,000 | $854,000 - $2,375,000 |
Franchise Fee | N/A | $25,000 |
Royalty Fee | - | 5% |
Advertising Fee | - | - |
Year Founded | - | - |
Year Franchised | - | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | No special education or prior experience in our type of business is required for a person to be considered as a possible Big Dad�s Pies franchisee. Even if you haven�t worked in retail before, we will ensure you the opportunity to succeed. It is essential that our franchisees become personally involved in every facet of their business. You should be willing and able to perform all sales, on-site production and other functions required on a daily basis. By recruiting, training and retaining quality staff, the individual demands on you can be lessened, but your personal involvement is essential to maximise the potential of your business. | * $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 | - | - |
Support | We provide a comprehensive franchise support program: * Regular support & supervision from the franchise team through site visits and telephone support * Ongoing business advice & coaching on how to operate the franchise and improve your bottom line * Assistance with your individual strategic plan * Local Marketing advise specific to your store * Continual improvements & updates to the Franchisee Operations Manual * Research & development of new products * Regular quality control in shop standards across the total franchise network * Quarterly business operations review for every franchisee * Weekly franchisee newsletter * Latest equipment advice * Negotiating product supply agreements | - |
Marketing | We nurture the Big Dad's brand in a number of ways, including: * Point of sale displays * Cross media advertising including newspapers, radio, billboards & flyers * Production of quality advertising & promotional materials * Good internet presence * Excellent signage at every location * Special offers to customers | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
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