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Below is an in-depth analysis and side-by-side comparison of Saint Cinnamon vs Gigi's Cupcakes 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 | $226,700 - $425,500 |
Franchise Fee | $25,000 | $35,000 |
Royalty Fee | 6% | 5% |
Advertising Fee | - | 2.5% |
Year Founded | 1986 | 2007 |
Year Franchised | 1986 | 2008 |
Term Of Agreement | 10 years maximum | 10 years |
Term Of Agreement | 10 years maximum | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | You will need prior experience in running a business, preferably retail. Passion - We want you to be excited and enthusiastic about owning a cupcake shop. Involvement - You are expected be involved in your business on a daily basis, because we find greater success with owners that are actively involved in the operation of their shop. This business requires real commitment, attention to detail, and hard work. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/Yes |
Start-up Costs | No/No | -/Yes |
Equipment | No/No | -/Yes |
Inventory | No/No | -/Yes |
Receivables | No/No | -/Yes |
Payroll | No/No | -/Yes |
Training & Support |
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Training | - | On-The-Job Training: 91 hours Classroom Training: 52 hours |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | 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 slicks, Regional advertising | Ad Templates National Media Social media SEO Email marketing Loyalty program/app |
Operations |
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | No |
Canada Expansion | No | - |
International Expansion | Yes | - |
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.
If you are looking for a great opportunity, and you have the business acumen and financial wherewithal, Gigi's Cupcakes may be the concept and opportunity you have been looking for. We have a business model that yields high volume sales with lower occupancy and build-out costs than what you might expect. We also have lower labor and food costs than typical food service franchises. All this adds up to an opportunity that can change your life. Gigi's is committed to making sure we choose the right people to join us in building Gigi's Cupcakes locations nationally. We have learned what it takes to be a successful Gigi's Cupcakes owner and have summarized those qualifications for your consideration: Capital Requirements - You will need liquid assets of approximately $100,000 and total net worth of $250,000. This can be done individually or with family members or investors that sign on with you. We will provide you with total support along the way including: Site selection Lease review and negotiation Design/Layout and Construction Equipment Sourcing Training Marketing Grand Opening support Ongoing marketing and operational support If you would like to arrange a meeting: For further information go to http://www.gigiscupcakesusa.com/becomeanowner or you could try http://www.thefranchisemall.com/request/