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Updated RecentlyAu Bon Pain vs The Simple Greek Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Au Bon Pain vs The Simple Greek including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $2,000,000 - $3,000,000 | $318,700 - $651,250 |
| Franchise Fee | $30,000 | $25,000 |
| Royalty Fee | 5% | - |
| Advertising Fee | 2% Marketing commitment | - |
| Year Founded | - | 2015 |
| Year Franchised | - | 2015 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
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 | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Au Bon Pain
Because we want to prepare our franchise partners for optimal success from the beginning, we only sign Area Development Agreements (ADA) based on a territorial market with a minimum unit potential of 10-20 locations. (We do not sell single unit agreements.) This ADA multi-unit potential enables our franchisees to build a significant business in an area with solid earnings potential.
In order to be considered for an Au Bon Pain franchise, you must have the financial and management resources necessary to develop multiple cafes
Criteria include:
* Open cafes in one of the listed expansion areas.
* Offer quality real estate sites in the selected territory.
* Sign an ADA for a minimum of 10 units.
* Have a liquid net worth of $350k per unit, or approximately $2-3M.
* Provide poof of financing from a bank or other financial institution.
* Offer multi-unit restaurant business experience.
* Offer an established management infrastructure within the market you wish to franchise.
* Willingness to adhere to the Au Bon Pain system.
* A strong desire to succeed, work hard and be part of a winning team.
About The Simple Greek
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The Simple Greek is redefining the traditional Greek restaurant with an
interactive concept that combines premium ingredients, open kitchens and
Greek atmosphere in a fast casual setting. Proudly featuring the
authentic flavors and spices of Greece and the Mediterranean seaboard,
the menu features a variety of dishes such as build your own bowls,
salads, pitas and Greek yogurt with a variety of proteins, toppings and
sides to choose from at an affordable price. The Simple Greek prepares
all meats and ingredients daily to ensure the highest level of quality
and freshness. Our interactive ordering process allows you, the customer
to ask questions about the food while being able to see the fresh,
handmade dishes being prepared right in front of you.
The total investment necessary to begin operation of a The Simple Greek franchise ranges from $318,700 to $632,500. This includes $25,000 that must be paid to the franchisor or their affiliates.
The total investment necessary to begin the operation of a The Simple Greek multi-unit development business ranges from $337,450 to $651,250, for a required minimum of 2 The Simple Greek outlets to be developed. This includes a minimum $43,750 that must be paid to the franchisor or their affiliates.