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Below is an in-depth analysis and side-by-side comparison of Paradise Bakery & Cafe vs The Donut Baker including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $480,000 - $1,205,000 | $68,000 - $150,000 |
Franchise Fee | $40,000 | $20,000 |
Royalty Fee | 5% | 6% |
Advertising Fee | - | 2%local +2%Nat'l |
Year Founded | - | - |
Year Franchised | - | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | * Prior experience as a successful multi-unit restaurant owner/operator; * Strong leadership and management skills with a minimum of 5 years in the restaurant industry; * Minimum net worth of $2.5 million with sufficient cash liquidity and financial resources to open and operate a minimum of 5 locations over the next 2-3 years, Paradise Bakery does not sell single-unit franchises; * Entrepreneurial management style that will thrive within the operational guidelines set forth in the Paradise Bakery & Cafe �Ideal Scene�; * And you must possess a passion for �great people serving great food�! | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | The Donut Baker Academy offers a broad range of technical and managerial courses. The training is designed to provide you with the key skills required to run your stores with a passion for quality - a passion your customers will sense and appreciate through their overall experience at the store. The Donut Baker also offers onsite training by its experienced professionals and has a specialized team taht can assist your local team in opening a new store. |
Support | - | The Donut Baker will support you from the moment you sign a contract to the time your store - or stores - open. And the support continues during operation through continuous monitoring of your store, helping you to achieve a consistent high level of customer experience. We also help you promote your business by marketing the brand effectively within your territory. Because our ultimate goal is the same as yours - to generate solid returns on investment by running the business professionally and with the full support of The Donut Baker's proven systems. |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
While the "fast casual" bakery/cafe concept has gained popularity with consumers, developers and investors in recent years, Paradise Bakery & Cafe was one of the pioneers in this segment of the restaurant industry. Since its founding in 1976, the Company has followed a conservative growth strategy, choosing to establish its brand and reputation in the industry before expanding its presence. We have had significant interest in franchising opportunities as Paradise has successful street, downtown, resort, airport and mall locations. We are presently looking to franchise on a very limited basis, and only in certain key geographic markets. For those markets, we are looking for established multi-unit operators to join our passion driven culture as franchisees and make a commitment to high quality, delicious, freshly prepared food served with exceptional customer service in a warm and inviting atmosphere.
Becoming a successful franchisee with The Donut Baker isn't as daunting as it might seem. Naturally, there will be challenges but the basic requirements you need to overcome them and make your franchise work are assets you probably already possess. Essentially, we at The Donut Baker look for highly motivated organizations or entrepreneurs with a sincere commitment to building a retail brand in their territory. More specifically, we believe that to succeed in the franchise business one needs to have the 3 Cs - Capital, Commitment, and Competence. And the same applies to you as an aspiring franchisee.