|
Below is an in-depth analysis and side-by-side comparison of T.J. Cinnamons vs Don Pan Bakeries including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $22,100 - $39,200 | $150,000 - $800,000 |
Franchise Fee | $5,000 | $35,000 - $58,750 |
Royalty Fee | Varies | 6% |
Advertising Fee | - | 2% |
Year Founded | 1985 | 1995 |
Year Franchised | 1985 | 2001 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | Then-current franchise fee | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | Training program provided through manual | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Ad slicks | - |
Operations |
Absentee ownership of franchise is allowed. | - |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
When Ted and Joyce Rice first started selling cinnamon rolls at state fairs and rodeos, they were just looking to make some extra money and add to their retirement fund. Yet the demand for their sticky product was so great they were forced to turn their parttime venture into a fulltime T.J. Cinnamons bakery in Kansas City. The company began franchising and grew to nearly 250 locations in the late 1980s. But by the mid-'90s a declining economy, lower traffic, and inexperienced operators left only 47 bakeries operating. Arby's parent company acquired the business in 1996 and has since revived the bakery concept to be an add-on business that can be combined with any existing restaurant.
The benefits of Don Pan International Bakery extend beyond the exclusive recipes that we offer. The added value of the brand is the benefit of the experience, knowledge and strategy that we offer you.
Among the advantages is the one that, with adequate opportunity, adopts a method of operations that would take years to develop independently. The opportunity that offers Don Pan International Bakery gives you the scheme needed to undertake a successful business.
The recognition of the brand and an extensive network of support will grant you an immediate and distinguished competitive power against other independent businesses. Partners frequently avoid that expensive period of trial and error that causes many problems for small businesses. A survey by the Department of Labor of the United States suggests that approximately 35% of the independent businesses achieve to overcome that period compared to an index of over 90% for franchise businesses or a multiplied concept such as Don Pan.
You can be part of this history of growth and development if you decide to become a partner of Don Pan International Bakery® We will take your order