|
Below is an in-depth analysis and side-by-side comparison of Mrs. Powell's Bakery Eatery vs Yummy Cupcakes including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $125,000 - $160,000 | $185,679 - $325,665 |
Franchise Fee | $25,000 | $35,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | 3% | 1% |
Year Founded | 1984 | 2004 |
Year Franchised | 1986 | 2011 |
Term Of Agreement | 10 Years +10 | 10 years |
Term Of Agreement | 10 Years +10 | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | The enjoyment of working in your community, being a contributing community small business and supporting your community. A pride of ownership and sense of social responsibility. If you have the enthusiasm, drive and commitment to growing your own empire, we want to talk with you. |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | 1. Head Office 1 Week 2. Franchised Store 1 Week 3. Own Store 1 Week | - |
Support | Field Operation Evaluation Field Training Initial Store Opening Inventory Control Franchisee Newsletter Regional or National Meetings: At Additional Cost | Yummy Cupcakes will provide you with all the tools you will need in your business. *Local and national marketing to include sales, advertising, promotions, public relations as well as local and national press *Training programs, on-going seminars and conferences *On-site staff to assist with store openings *Marketing manuals to assist you in the day-to-day marketing of your business *A team of Yummy Cupcakes professionals specifically dedicated to supporting your ongoing growth and success |
Marketing | - | - |
Operations | Average Number of Employees: 2 Full-time, 4 Part-time Passive Ownership: Allowed, But Discouraged | - |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | Yes | Yes |
Mrs. Powell's has been in business since 1984. We specialize in Cinnamon Rolls, but we do much more than that! We have white and wheat bread, dinner rolls, sugar cookies, chocolate chip cookies, brownies, soup, sandwiches and so much more. What we really do is take care of one of the things you don't have time for anymore - baking. We cater and are always up for custom creations.