My Favorite Muffin vs Big Dad's Pies Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of My Favorite Muffin vs Big Dad's Pies including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$104,500 - $405,000 | $220,000 - $250,000 |
Franchise Fee |
$25,000 | N/A |
Royalty Fee |
5% | - |
Advertising Fee |
3% | - |
Year Founded |
1987 | - |
Year Franchised |
1988 | - |
Term Of Agreement |
10 years +10 | - |
Term Of Agreement |
10 years +10 | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | No special education or prior experience in our type of business is required for a person to be considered as a possible Big Dad�s Pies franchisee. Even if you haven�t worked in retail before, we will ensure you the opportunity to succeed.
It is essential that our franchisees become personally involved in every facet of their business. You should be willing and able to perform all sales, on-site production and other functions required on a daily basis.
By recruiting, training and retaining quality staff, the individual demands on you can be lessened, but your personal involvement is essential to maximise the potential of your business. |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/Yes | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
Our Training Sets Your Business Apart!
Our goal is to help you achieve excellence in every aspect of your business. Towards that ambitious goal, you and your key personnel will receive intensive training that covers all areas of the operation. Our training program, comprised of hands-on learning in our company-owned location and classroom instruction includes:
Day-to-day restaurant operations
Hiring, training, and retaining good employees
Maintaining financial controls
Orientation to your Marketing team that will coordinate your local advertising
Operational training at your location as you open
| - |
Support |
Our Support Sets Your Business Apart!
As a franchisor, BAB Systems, Inc. has always focused heavily on the level of support it provides to its franchisees and the importance of open lines of communication to foster strong franchisee relationships. Franchisees know they can count on us to watch our position within the industry and do what it takes to keep up with ever-changing consumer preferences and innovations in franchise support.
Of course, since the first franchise, technological advancements have changed the face of franchising. Accordingly, as its product offering has evolved, so has its franchise support program, which now includes an exclusive franchise intranet web site.
As a BAB Systems, Inc. franchisee, you'll receive guidance and assistance with the key steps involved in getting your new business up and running. Pre-opening support includes:
Site selection assistance.
Restaurant layout and design.
Coordination with national and regional suppliers.
Equipment, merchandise and services at negotiated rates.
Grand Opening marketing campaign.
Full seasonal marketing strategies, complete with compact disc for local production of advertising and other marketing materials.
E-Mail subscription program, through which participating franchisees are kept informed up to the minute on important breaking news as well as surveyed for their feedback.
A password-protected BAB Franchisee Intranet featuring a download center, on-line sales reporting, resource center and trading post.
The BAB Systems, Inc. franchise program is designed to help franchise owners reach their individual growth potential. Whether you are interested in owning one or several BAB Systems, Inc. stores, we'll work with you to determine the growth options that are right for you. | We provide a comprehensive franchise support program:
* Regular support & supervision from the franchise team through site visits and telephone support
* Ongoing business advice & coaching on how to operate the franchise and improve your bottom line
* Assistance with your individual strategic plan
* Local Marketing advise specific to your store
* Continual improvements & updates to the Franchisee Operations Manual
* Research & development of new products
* Regular quality control in shop standards across the total franchise network
* Quarterly business operations review for every franchisee
* Weekly franchisee newsletter
* Latest equipment advice
* Negotiating product supply agreements
|
Marketing |
- | We nurture the Big Dad's brand in a number of ways, including:
* Point of sale displays
* Cross media advertising including newspapers, radio, billboards & flyers
* Production of quality advertising & promotional materials
* Good internet presence
* Excellent signage at every location
* Special offers to customers
|
Operations |
Average Number of Employees: 3 Full-time, 11 Part-time Passive Ownership: Allowed, But Discouraged | - |
Expansion Plans |
US Expansion |
Yes | - |
Canada Expansion |
- | - |
International Expansion |
Yes | - |
Company Overviews
About My Favorite Muffin
There's More In Store Than Ever Before!
"Our success begins with fresh, made-from-scratch, premium bakery and baked goods...bagels, breads, muffins, and more. And, because the majority of our restaurants are both manufacturing and retail units, we have a streamlined distribution and operating system. Our unique approach in offering fresh, made-from-scratch food to our customers - coupled with a low initial investment level - is a formula for success. Success from scratch that is..."
-- Michael W. Evans
President and Chief Executive Officer
Since 1993, BAB, Inc. has grown into a nationally-known franchisor of a restaurant concept with complementary products, a reasonable investment level, and an inherent competitive advantage as the low-cost producer in our segment.
"We hope you will enjoy browsing our web site for more information about our business, the strength of our franchise organization, specialty holiday and year-round gift-giving opportunities, and investment opportunities. Today and always at BAB...there is more in store than ever before!"
As a MY FAVORITE MUFFIN franchisee, you get to create and sell over 300 varieties of our special muffins in both regular and fat-free varieties. Where applicable, you can add BIG APPLE BAGELS and BREWSTER'S COFFEE to complement your wonderful muffins.
The total initial investment necessary to begin operation of your first
BAB Production Store ranges from $298,000 - $405,000, including $32,500
you must pay the franchisor or its affiliates.
The total initial
investment necessary to begin operation of your first BAB Satellite
Store ranges from $104,250 - $283,000, including $18,000 you must pay
the franchisor or its affiliates.
The total investment necessary to begin operation of your franchised BAB
Area Development business is from $45,000 to $205,000, all of which you
must pay the franchisor. That investment is in addition to the initial
investment for your BAB Store. Under the Area Development Agreement, you
must open a minimum of 2 BAB Stores.
About Big Dad's Pies
Over the last few years, Big Dad's Pies has been developing the business with an increased emphasis in establishing well-branded and easily accessed Pie Shops.
National expansion plans are now a reality with the recently completed Heathwood manufacturing facility, which includes five large SNAP freezers. The SNAP freezers (a $500 000 investment), which were commissioned in December 2008, will enable products to be produced in advance and stored in the freezers so that not only will product shortage never be a problem, but now products can be delivered to stores at greater distances away from the manufacturing facility. Previously stores had to be located within a 20 km radius to the manufacturing facility to ensure a fresh product could be delivered each day. Now product can be produced, frozen and then delivered via freezer trucks to stores around Australia.
Benefits of owning a Big Dad's Pie Shop
* Excellent range of products
* No trade qualifications needed
* Low operating costs
* Strong, yet managed growth
* Operate out of sites from 60m2
* Work well as both stand alone and strip mall sites without the demands of shopping centre food courts
* High customer service standards
* Excellent well managed branding
* Upfront and ongoing training
* Benefits of group purchasing
* Site identification, lease negotiation & store design
* Excellent support & leadership
* Ready to bake products
* Is a turn-key operation
* Standardised products & systems
* Cash based takings
* Professionally developed franchise system
* Comprehensive operations manual
* Modern well-equipped new store
* Ongoing research and development
* Touch screen Point of Sale system with excellent reporting capabilities