|
Below is an in-depth analysis and side-by-side comparison of Au Vieux Duluth Express vs La Madeleine including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $175,000 - $500,000 | $1,249,362 - $3,088,747 |
Franchise Fee | $30,000 - $40,000 | $40,000 |
Royalty Fee | - | 5% |
Advertising Fee | - | 2.5% |
Year Founded | 1979 | 1983 |
Year Franchised | 2002 | 2011 |
Term Of Agreement | - | Term of agreement not renewable |
Term Of Agreement | - | Term of agreement not renewable |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | • Passionate about the la Madeleine brand and our food • $5 million net worth; liquid assets of $2.5 million • Dedicated to developing multiple restaurants in a given market • Excellent knowledge of the local retail real estate market • Resources to develop and operate at least three (3) bakery cafés in a given territory • Strong track record as a multi-unit restaurant operator • Cultural fit |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | No/No |
Start-up Costs | -/- | No/Yes |
Equipment | -/- | No/Yes |
Inventory | -/- | No/Yes |
Receivables | -/- | No/Yes |
Payroll | -/- | No/Yes |
Training & Support |
||
Training | - | • Ongoing field support • Store opening assistance • Continuous training • Extensive six-week training program for Operations Directors, General Managers, and Managers • Ongoing culinary development On-The-Job Training: 416 hours Classroom Training: 64 hours |
Support | - | Real Estate • Market evaluation and planning • Site selection assistance • LOI and contract negotiation assistance • In-house real estate resources • Identifying and securing local representation Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | • Grand opening assistance • Store opening and PR resources • Local marketing support • Creative support for national promotional events Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Email marketing Loyalty program/app |
Operations | - | - |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | Yes | Yes |
At Au Vieux Duluth Express you will discover one of a kind dishes, liberal bits and fantastic quality nourishments. Rich in Greek convention cooking is conveyed to you quick, crisp and warmly. Remarkable in flavor, our flame broiled huge, succulent, marinated bits of meat, chicken, pork, fish and claim to fame brochettes, all charbroiled to flawlessness, are certain to fulfill your craving. We likewise offer a decision of delightful side things making an elegantly important plate. Your prosperity is our goal. Our dedicated and enthusiastic group is focused on creating and proposing programs that will give you a chance to take advantage of your organization. That commitment gives our framework its extraordinary reputation for proficiency and productivity. When you join the MTY group, you take advantage of a wellspring of expert support, skill and know-how that has guaranteed the accomplishment of several establishments throughout the years. We offer persistent support and expert direction all through the establishment procedure, from the improvement of your eatery through to opening day and past. Au Vieux Duluth Express - A scrumptious culinary affair!