The Hummingbird Bakery vs Sprinkles Cupcakes Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of The Hummingbird Bakery vs Sprinkles Cupcakes including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
| Investment |
N/A | $576,000 - $1,075,000 |
| Franchise Fee |
N/A | N/A |
| Royalty Fee |
- | - |
| Advertising Fee |
- | - |
| Year Founded |
- | 2012 |
| Year Franchised |
- | 2020 |
| Term Of Agreement |
- | - |
| Term Of Agreement |
- | - |
| Renewal Fee |
- | - |
Business Experience Requirements |
| Experience |
Previous experience in the food retail sector.
Full day to day involvement with company operations, with an infrastructure dedicated to the development of the brand.
Access to adequate capital, initial minimum cash investment of £1 million.
Strong knowledge of market trends, real estate, governmental issues, distribution (including supply chain) and labour in your chosen market.
Franchise partner must have the resources and be willing to send multiple managers and several key bakery employees to London for a 3 month training programme.
Cultural ‘fit’ with The Hummingbird Bakery.
| - |
Financing Options |
| |
In-House/3rd Party | In-House/3rd Party |
| Franchise Fees |
-/- | -/- |
| Start-up Costs |
-/- | -/- |
| Equipment |
-/- | -/- |
| Inventory |
-/- | -/- |
| Receivables |
-/- | -/- |
| Payroll |
-/- | -/- |
Training & Support |
| Training |
- | - |
| Support |
- | - |
| Marketing |
- | - |
| Operations |
- | - |
Expansion Plans |
| US Expansion |
- | Yes |
| Canada Expansion |
- | - |
| International Expansion |
Yes | Yes |
Company Overviews
About The Hummingbird Bakery
The Hummingbird Bakery is the leader in American style baking in the UK.
We always bake on site at each branch, daily and throughout the day to ensure our cakes and cupcakes are always fresh, beautiful and decorative.
The Hummingbird Bakery does not franchise in the UK.
The Hummingbird Bakery is now considering expansion opportunities in selected markets with experienced food retail franchisees.
We require access to adequate capital, initial minimum cash investment of £1 million.
About Sprinkles Cupcakes
Sprinkles
opened “the world’s first cupcake bakery” in Beverly Hills, as reported
by the Food Network, and is credited by the Los Angeles Times as “the
progenitor of the haute cupcake craze.” Founded by Candace Nelson, judge
on Food Network’s hit show “Cupcake Wars,” and husband Charles,
Sprinkles has inspired long lines of devoted Hollywood stars and serious
epicureans alike. From Tom Cruise to Oprah Winfrey, Blake Lively to
Ryan Seacrest, celebrities are abuzz about Sprinkles!
Baked
fresh in small batches throughout the day, Sprinkles Cupcakes are
handcrafted from the finest ingredients and contain no preservatives,
trans fats or artificial flavors. Sprinkles has locations nationwide, a
traveling Sprinklesmobile - the world’s first cupcake truck, and sells
its cupcake mixes at over 250 Williams-Sonoma stores throughout the US
and Canada.
In
2012, Sprinkles debuted the world’s first Cupcake ATM and continued its
foray into classic American desserts with the launch of Sprinkles Ice
Cream & Cookies.
“The Sprinkles Baking Book” hit the New York Times
Best Sellers list in October, 2016.
The total investment necessary to begin operation of a Production
Bakery is $781,000 to $1,075,000. This includes $40,000 to $43,250 that
must be paid to the franchisor or affiliate.
The total investment
necessary to begin operation of a Pantry Bakery is $576,000 to $895,000.
This includes $40,000 to $43,250 that must be paid to the franchisor or
affiliate. The franchisor and you may choose to sign a Development
Rights Agreement under which you will develop a number of Sprinkles
Cupcakes Bakeries. The franchisor expects the Development Rights
Agreement to cover between 2 and 10 Sprinkles Cupcakes Bakeries.
The
total investment necessary to begin operation under a Development Rights
Agreement is $40,500 to $202,500. This includes $40,000 to $200,000
that must be paid to the franchisor or affiliate.