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Below is an in-depth analysis and side-by-side comparison of Taste Of Mediterranean vs La Madeleine including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $99,000 - And Up | $1,249,362 - $3,088,747 |
Franchise Fee | $12,000 - $20,000 | $40,000 |
Royalty Fee | $1,000. a month, Flat Fee. | 5% |
Advertising Fee | 2% | 2.5% |
Year Founded | 2004 | 1983 |
Year Franchised | 2007 | 2011 |
Term Of Agreement | - | Term of agreement not renewable |
Term Of Agreement | - | Term of agreement not renewable |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | • Passionate about the la Madeleine brand and our food • $5 million net worth; liquid assets of $2.5 million • Dedicated to developing multiple restaurants in a given market • Excellent knowledge of the local retail real estate market • Resources to develop and operate at least three (3) bakery cafés in a given territory • Strong track record as a multi-unit restaurant operator • Cultural fit |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/Yes | No/No |
Start-up Costs | -/Yes | No/Yes |
Equipment | -/Yes | No/Yes |
Inventory | -/Yes | No/Yes |
Receivables | -/- | No/Yes |
Payroll | -/- | No/Yes |
Training & Support |
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Training | Full hands on trianing for 2 weeks at one of our location. | • Ongoing field support • Store opening assistance • Continuous training • Extensive six-week training program for Operations Directors, General Managers, and Managers • Ongoing culinary development On-The-Job Training: 416 hours Classroom Training: 64 hours |
Support | - | Real Estate • Market evaluation and planning • Site selection assistance • LOI and contract negotiation assistance • In-house real estate resources • Identifying and securing local representation Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | • Grand opening assistance • Store opening and PR resources • Local marketing support • Creative support for national promotional events Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Email marketing Loyalty program/app |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
Taste of Mediterranean offers great tasting Mediterranean specialty platters, appetizers, sandwiches, pitas, wraps, pizzas, and salads that customers love! We are proud of our great food. Now we are expanding to bring our delicious business opportunity to communities across Canada, USA and Beyond.As a franchisee, we offer you low start up costs, low franchise fees, and low royalties to help you get started with your successful new venture! We offer all our franchisees full training including business management, food management and cooking training. We offer you lease negotiation assistance and store set-up for a successful launch of your restaurant.