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Below is an in-depth analysis and side-by-side comparison of Cinnabon vs Croissant Plus including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $23,100 - $430,900 | $175,000 - $500,000 |
Franchise Fee | $30,000 | $30,000 - $40,000 |
Royalty Fee | 6% | - |
Advertising Fee | 1.5% | - |
Year Founded | 1969 | 1979 |
Year Franchised | 1986 | 1980 |
Term Of Agreement | 10-20 years | - |
Term Of Agreement | 10-20 years | - |
Renewal Fee | 50% of 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/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | On-The-Job Training: 40 hours Classroom Training: 40 hours Additional Training: Additional training annually | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
Operations |
Franchisees required to buy multiple units/master licenses; 100% of all franchisees own more than one unit Number of employees needed to run franchised unit: 8 - 10
Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | Yes | Yes |
Come carry on an European bistro involvement with Croissant Plus. Our determination of naturally heated cakes, scones and biscuits will fulfill your yearning for luxuries. Our different selections of espressos beyond any doubt to invigorate your faculties. Croissant Plus additionally offers full-seasoned sandwiches, servings of mixed greens and dinners, all readied with new and quality fixings. Croissant Plus, Experience the distinction!
At Croissant Plus, a fine grouping of croissants, danish cakes, treats and biscuits will tempt the most separating of taste buds. Enjoy one of our many fine rich-tasting gourmet espressos. We join exemplary European conventions with present day flavors for the contemporary sense of taste.