Breadsmith vs The Hummingbird Bakery Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Breadsmith vs The Hummingbird Bakery including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Breadsmith Franchise
The Hummingbird Bakery Franchise
Investment $380,250 - $454,750N/A
Franchise Fee $30,000N/A
Royalty Fee 7% - 5%-
Advertising Fee --
Year Founded 1993-
Year Franchised 1993-
Term Of Agreement 15 years-
Term Of Agreement 15 years-
Renewal Fee $500-


Business Experience Requirements
 
Breadsmith Franchise
The Hummingbird Bakery Franchise
Experience
  • General business experience
  • Marketing skills helpful but not necessary
    		•  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
     
    Breadsmith Franchise
    The Hummingbird Bakery Franchise
      In-House/3rd PartyIn-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
     
    Breadsmith Franchise
    The Hummingbird Bakery Franchise
    Training On-The-Job Training: 219.5 hours Classroom Training: 51 hours -
    Support Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform -
    Marketing Ad Templates Social media SEO Website development Email marketing-
    Operations 10% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 20

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Breadsmith Franchise
    The Hummingbird Bakery Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion NoYes

    Company Overviews

    About Breadsmith

    While studying in Norway, college student Dan Sterling got his first taste of European bread. Sterling returned to the United States and graduated from Harvard Business School before starting his own company. But he never lost his love of bread, and after volunteering to help a local bakery with its accounting, he decided to launch a bakery of his own. He opened the first Breadsmith location in 1993, and the company began franchising in 1994.

    The total investment necessary to begin operation of a Breadsmith primary franchise store is $380,250 to $449,750 ($377,250 - $451,750 for veterans). This includes $100,000 to $115,000 (less $3,000 if you are a veteran) that must be paid to the franchisor or affiliate.
    An additional investment of $95,500 to $163,500 is necessary if a satellite location is opened in connection with the primary store. This includes $5,000 that must be paid to the franchisor or affiliate.
    Veteran Incentives  10% off franchise fee


    "Entrepreneur
    #333 in Franchise 500 for 2020.
    #333 in Franchise 500 for 2021.



    About The Hummingbird Bakery

    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.