Cora's vs The Original Pancake House Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Cora's vs The Original Pancake House including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Cora's Franchise
The Original Pancake House Franchise
Investment $550,000 - $900,000$372,500 - $966,250
Franchise Fee $45,000$60,000
Royalty Fee 5% of net-
Advertising Fee 2% National Fund; 1% Local Fund-
Year Founded 19871953
Year Franchised 19941991
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Cora's Franchise
The Original Pancake House Franchise
Experience --

Financing Options

 
Cora's Franchise
The Original Pancake House Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Cora's Franchise
The Original Pancake House Franchise
Training We provide franchisees with 5 weeks of theoretical and practical training.-
Support We support the restaurant with a team of trainers who are on site to help you and your staff. Our dedicated and experienced Operations team works with the franchisee to ensure respect of the Cora processes and high standards. Manuals covering all of the operating, marketing and management processes will be made available for your reference. You will benefit from a customized computer system helping you operate your business, keep track of key metrics, inventory, schedules, etc. We use a proprietary extranet information system which allows, through the Internet, automatic transfer and management of data. This system also offers online multimedia training. Using a touch screen, employees have access to online training related to their position in the restaurant.-
Marketing --
Operations We require franchisees to be owner/operators. You can consider an operating partner; however, you and/or the operating partner must participate in all stages of the franchisee approval process. Your operating partner is required to hold a minimum of 25% of shares within the operating company.-

Expansion Plans

 
Cora's Franchise
The Original Pancake House Franchise
US Expansion -Yes
Canada Expansion NoYes
International Expansion No-

Company Overviews

About Cora's

Motivated by the success of her breakfast concept, Cora and her ambitious family decided to franchise their restaurants. For Cora, developing the breakfast food business niche meant doing it better than anybody had ever done it anywhere. Like any good recipe, success takes time to perfect. Cora, supported by her diligent team, slowly but surely developed more expertise in the business, and her unwavering drive for perfection earned her the title, "Queen of Quebec Breakfasts." Because she loved cooking for a crowd, Cora was continually opening new restaurants until she realized she could teach others her winning recipe. So began her journey into franchising. In 1993, Cora explored the possibility of franchising and was delighted to find that her business formula met all the criteria established by franchising specialists. Her dream of having restaurants throughout Quebec was about to become a reality. Franchising soon became Cora's business strategy to achieve her primary objective. For Cora, franchising allowed her to: offer breakfasts in as many places as possible, as often as possible and to as many guests as possible. Cora soon understood that by franchising, the team would be able to quickly build a strong brand image and dominate the Quebec market. An exciting new chapter for the newly formed Franchises Cora Inc. began in April 1994 when it granted its first franchise to open a restaurant in Pointe-Claire, in Montreal's West Island community. Ten more franchises would follow shortly. Always looking for a challenge, the Cora team's new objective was to open restaurants "all over Canada." In 2000, Cora developed the Cora Franchise Group to target the market in the rest of Canada, and soon opened its first restaurant in Nepean, Ontario. Shortly after, Cora also conquered other Ontario markets as well as markets in the Atlantic Provinces, Manitoba and Alberta. The result of franchising is impressive. The Cora chain now includes 130 restaurants across Canada, with additional restaurants opening their doors in the year to come. Today, the Cora network of restaurants serve 250,000 guests each week and is recognized as the leader in the breakfast industry in Canada. Would you like to join the Cora family? Find out about franchising opportunities http://www.chezcora.com/en/franchise-opportunities

"Top

#75 in Canada's Top franchises.

About The Original Pancake House

"The

The Original Pancake House was founded in Portland, Oregon in 1953 by Les Highet and Erma Hueneke. Drawing upon their many years of experience in the culinary field, and their extensive working knowledge of authentic national and ethnic pancake recipes they were able to offer without compromise their unique and original menu which has gained national acclaim. The Original Pancake House is a second and third generation family business, which takes great pride in maintaining the high standards that make our food so outstanding. We now have over one hundred franchises from coast to coast, which have won local and national acclaim. Our recipes demand only the very finest of ingredients, such as 93 score butter, pure 36% whipping cream, fresh grade AA eggs, hard wheat unbleached flour, and our own recipe sourdough starter. Our batters and sauces are made fresh in each restaurant’s kitchen. Our signature items include the Apple Pancake, a single large pancake smothered with sautéed apples and cinnamon sugar baked to perfection, to create a deliciously rich cinnamon sugar glaze.

The total investment necessary to begin operation of a The Original Pancake House® restaurant franchise is $372,500 to $966,250. This includes $60,303 to $60,606 that must be paid to the franchisor or an affiliate.
If you sign an option agreement with the franchisor to develop additional The Original Pancake House® restaurants, the franchisor will not charge you an additional fee, but they may require you to sign at least two franchise agreements at the same time that you sign the option agreement, in which case, you will pay to the franchisor $60,000 as the initial franchise fee under each franchise agreement you sign at the time you sign the option agreement. The minimum number of franchise agreements you must sign to acquire rights under an option agreement will depend on the size of your market, but will not be less than two franchise agreements.