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Below is an in-depth analysis and side-by-side comparison of T.J. Cinnamons vs Fiasco Gelato including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $22,100 - $39,200 | $150,000 |
Franchise Fee | $5,000 | $25,000 |
Royalty Fee | Varies | 6% |
Advertising Fee | - | 4$ |
Year Founded | 1985 | 2005 |
Year Franchised | 1985 | 0 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | Then-current franchise fee | 50% of the then current franchise fee |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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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 |
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Training | Training program provided through manual | 7 days at corporate office up to 14 days onsite at franchise location |
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 |
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US Expansion | - | - |
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.
Italian-inspired, Fiasco Gelato is designed to satisfy the increased consumer demand for healthier, refreshing treats and a cool, sophisticated European atmosphere. With a range of delicious gelato and sorbetto desserts that are healthier and more flavor-filled than traditional ice-cream, Fiasco Gelato attracts a wide variety of consumers - from parents and children looking for healthier desserts to students and young professionals looking for a fresh alternative to the same old, same old. Fiasco combines delicious, high-quality, health-conscious desserts and a refined, hip aesthetic. From storefronts situated in high-traffic, downtown thoroughfares, to funky Fiasco kiosks placed in suburban shopping districts, the Fiasco Gelato brand proves irresistible to passers-by. As a new brand with high-growth potential that thrives in diverse commercial contexts, we're looking to expand Fiasco Gelato into a variety of new locations. If you're an ambitious, passionate entrepreneur with experience in food operations and a taste for hands-on management, pick up the phone and call FranWorks to find out more about exciting Fiasco Gelato opportunities.