|
Below is an in-depth analysis and side-by-side comparison of The Cheesecake Cafe vs La Madeleine including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | N/A | $1,249,362 - $3,088,747 |
Franchise Fee | N/A | $40,000 |
Royalty Fee | - | 5% |
Advertising Fee | - | 2.5% |
Year Founded | - | 1983 |
Year Franchised | - | 2011 |
Term Of Agreement | - | Term of agreement not renewable |
Term Of Agreement | - | Term of agreement not renewable |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | • Passionate about the la Madeleine brand and our food • $5 million net worth; liquid assets of $2.5 million • Dedicated to developing multiple restaurants in a given market • Excellent knowledge of the local retail real estate market • Resources to develop and operate at least three (3) bakery cafés in a given territory • Strong track record as a multi-unit restaurant operator • Cultural fit |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | No/No |
Start-up Costs | -/- | No/Yes |
Equipment | -/- | No/Yes |
Inventory | -/- | No/Yes |
Receivables | -/- | No/Yes |
Payroll | -/- | No/Yes |
Training & Support |
||
Training | - | • Ongoing field support • Store opening assistance • Continuous training • Extensive six-week training program for Operations Directors, General Managers, and Managers • Ongoing culinary development On-The-Job Training: 416 hours Classroom Training: 64 hours |
Support | - | Real Estate • Market evaluation and planning • Site selection assistance • LOI and contract negotiation assistance • In-house real estate resources • Identifying and securing local representation Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | • Grand opening assistance • Store opening and PR resources • Local marketing support • Creative support for national promotional events Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Email marketing Loyalty program/app |
Operations | - | - |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
As one of Canada's most successful restaurant concepts, limited number of opportunities are now being offered to qualified individuals to become franchisers.The Cheesecake Cafe is a leader in the casual restaurant business. Lunch, brunch, dinner, drinks . . . the cafe meets the expectations of our guests and in return we are rewarded with exceptionally high sales volumes (one of the highest in the country!) Our success can be your success! Your future may be located in one of the markets we have targeted in Canada. Perhaps you presently own, or know of an existing restaurant that could be converted to a The Cheesecake Cafe. As a new franchisee, you will receive training at one of our cafes to teach you The Cheesecake Cafe system. If you already have restaurant management experience, you will appreciate the management system we employ to ensure success.