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Updated RecentlySaint Cinnamon vs Corner Bakery Cafe Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Saint Cinnamon vs Corner Bakery Cafe including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $144,100 - $264,700 | $854,000 - $2,375,000 |
| Franchise Fee | $25,000 | $25,000 |
| Royalty Fee | 6% | 5% |
| Advertising Fee | - | - |
| Year Founded | 1986 | - |
| Year Franchised | 1986 | - |
| Term Of Agreement | 10 years maximum | - |
| Term Of Agreement | 10 years maximum | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | * $7.5 million net worth * $3 million liquidity (non-borrowed cash availability) * Interest in developing multiple cafes in a market or combination of markets * Relevant multi-unit restaurant / retail experience in market to be developed * Reside in market to be developed * Demonstrated real estate expertise in market * Existing infrastructure in place * Strong cultural fit * History of community involvement * Appreciation of great food * �Best in class� operators within your current system * Employer of choice within your current system |
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 | - | - |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | - |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
| Operations |
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Saint Cinnamon
The Saint Cinnamon brand was founded and created by Andy Winter. Andy began his restaurant career in 1973 opening a new Deli franchise called Zeev's. Over the next few years Zeev's grew to over 10 locations and was very successful. During a trip to the US, Andy had seen a new cinnamon bun franchise and was fascinated by the concept but thought he could do better. The US market was buzzing with excitement about the new cinnamon buns being baked everywhere. He loved the idea and decided that this was where he wanted to focus his attention. Upon his return he sold his interest in Zeev's to his partners so he could pursue his dream of developing a brand new Cinnamon Bun concept.
Wanting to create the best Cinnamon Bun in the market, Andy researched and sourced the finest ingredients available. After countless hours baking, Andy developed special dough using Canadian Spring wheat flour. Sourcing the finest cinnamon in the world, he formulated the exclusive Saint cinnamon sugar blend and the Saint Cinnamon bun and brand was born. Later he developed the most decadent cream cheese icing.
At that time, the food menu was strictly cinnamon rolls, complemented with an array of specialty coffees, teas, and cold beverages. Saint Cinnamon was rolling out a lot of stores and soon earned a world-wide reputation for baking and offering the finest cinnamon rolls around the globe.
Saint Cinnamon was awarded for being the fastest growing QRS in Canada from the Food Service and Hospitality magazine. By 1990 it received numerous enquiries from abroad which resulted in the expansion into international markets.
Saint Cinnamon has grown into a franchise with locations in malls, office buildings, gas stations and convenience stores. The menu was expanded to include crepes, wraps, sandwiches, and specialty cold beverages. The Saint Cinnamon model can fit a number of different possible retail, licensing, co-branding locations and special event venues.
Saint Cinnamon's specialty continues to be and will always be the baking of its amazing Saint Cinnamon Rolls.
About Corner Bakery Cafe
Corner Bakery Cafe has its eyes on more cafes in the Austin market and throughout Central Texas. "Austin is a booming market that has long been on our radar," "The large student population, presence of young business professionals and strong economy of our state capital make it the perfect place to offer our fast-casual dining experience." "We already have 22 thriving franchise and company-owned Corner Bakery locations around the state, and the prospect of adding at least 50 additional cafes in the next eight years is very exciting," said John LaBarge, vice president of franchise business development at Corner Bakery Cafe. Here's what we're looking for: * $7.5 million net worth * $3 million liquidity (non-borrowed cash availability) * Interest in developing multiple cafes in a market or combination of markets * Relevant multi-unit restaurant / retail experience in market to be developed * Reside in market to be developed * Demonstrated real estate expertise in market * Existing infrastructure in place * Strong cultural fit * History of community involvement * Appreciation of great food * "Best in class" operators within your current system * Employer of choice within your current system