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Updated RecentlyMy Favorite Muffin vs The Hummingbird Bakery Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of My Favorite Muffin vs The Hummingbird Bakery including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $104,500 - $405,000 | N/A |
| 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 |
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| Experience | - | Previous experience in the food retail sector. Full day to day involvement with company operations, with an infrastructure dedicated to the development of the brand. Access to adequate capital, initial minimum cash investment of £1 million. Strong knowledge of market trends, real estate, governmental issues, distribution (including supply chain) and labour in your chosen market. Franchise partner must have the resources and be willing to send multiple managers and several key bakery employees to London for a 3 month training programme. Cultural ‘fit’ with The Hummingbird Bakery. |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/Yes | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| 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:
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| 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:
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| Marketing | - | - |
| Operations | Average Number of Employees: 3 Full-time, 11 Part-time Passive Ownership: Allowed, But Discouraged | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | - | - |
| International Expansion | Yes | 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.
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 The Hummingbird Bakery
The Hummingbird Bakery is the leader in American style baking in the UK. We always bake on site at each branch, daily and throughout the day to ensure our cakes and cupcakes are always fresh, beautiful and decorative. The Hummingbird Bakery does not franchise in the UK. The Hummingbird Bakery is now considering expansion opportunities in selected markets with experienced food retail franchisees. We require access to adequate capital, initial minimum cash investment of £1 million.