House of Bread vs Corner Bakery Cafe Franchise Comparison

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

Start-Up Costs and Fees

 
House of Bread Franchise
Corner Bakery Cafe Franchise
Investment $157,000 - $347,000$854,000 - $2,375,000
Franchise Fee $35,000$25,000
Royalty Fee 6%5%
Advertising Fee --
Year Founded 1996-
Year Franchised 1998-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $5K-


Business Experience Requirements

 
House of Bread Franchise
Corner Bakery Cafe Franchise
Experience
  • General business 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

     
    House of Bread Franchise
    Corner Bakery Cafe Franchise
      In-House/3rd PartyIn-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

     
    House of Bread Franchise
    Corner Bakery Cafe Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising, Ad slicks, Regional advertising-
    Operations 25% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 8

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    House of Bread Franchise
    Corner Bakery Cafe Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About House of Bread

    After spending six years as a lawyer, Sheila McCann decided to do something different with her life. At Harvard Business School, she researched several business ideas before settling on a bread bakery. McCann had fond memories of baking with her grandmother as a child in Montana. Inspired by her grandmother's spirit of independence and endurance, she founded House of Bread in San Luis Obispo in 1996.

    The company targets its specialty breads to young professionals, health-conscious consumers and baby boomers looking to increase fiber in their diets. House of Bread lets customers sample its healthful, whole-grain breads and watch the bread being made. All stores feature on-site milling.

    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