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Below is an in-depth analysis and side-by-side comparison of T.J. Cinnamons vs The Hummingbird Bakery 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 | N/A |
Franchise Fee | $5,000 | N/A |
Royalty Fee | Varies | - |
Advertising Fee | - | - |
Year Founded | 1985 | - |
Year Franchised | 1985 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | Then-current franchise fee | - |
Business Experience Requirements |
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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 |
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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 | - |
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 | Yes |
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 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.