Start-Up Costs and Fees |
||
| Bakers Delight | Corner Bakery Cafe | |
| Investment | 380000 - 999999 | 854000 - 2375000 |
| Franchise Fee | ||
| Royalty Fee | 6.50% | 5% |
| Advertising Fee | 2% | |
| Year Founded | 0 | 0 |
| Year Franchised | 0 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Bakers Delight | Corner Bakery Cafe | |
| Experience | * $7.5 million net worth * $3 million liquidity (non-borrowed cash availability) * Interest in developing multiple cafes in a market or combination of markets * Relevant multi-unit restaurant / retail experience in market to be developed * Reside in market to be developed * Demonstrated real estate expertise in market * Existing infrastructure in place * Strong cultural fit * History of community involvement * Appreciation of great food * "Best in class" operators within your current system * Employer of choice within your current system | |
Financing Options |
||
| Bakers Delight | Corner Bakery Cafe | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Bakers Delight | Corner Bakery Cafe | |
| Training | The 16-20 week competency based training includes extensive in-house practical and written training, from baking, production management, marketing, purchasing and inventory to accounting and management practices. | |
| Support | Point of Sale - cash flow, reporting and customer loyalty programs. Human Resources - industrial relations, employee relations and relevant legislation. Operations - over 55 operations staff across Australia/New Zealand acting as a business partner. Product safety and occupation health and safety standards. Property - locating viable precincts and negotiating leases directly with landlords. Purchasing - group purchasing arrangements. The opportunity to network with other franchisees and benchmark results provides an invaluable support system to the 700 strong bakery networks. | |
| Marketing | Advertising, public relations, sponsorship, local marketing, research, design and product development. | |
| Operations | ||
Expansion Plans |
||
| Bakers Delight | Corner Bakery Cafe | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Bakers Delight | |
| Corner Bakery Cafe | |
| Franchise Fee | |
| Bakers Delight | |
| Corner Bakery Cafe | |
| Royalty Fee | |
| Bakers Delight | 6.50% |
| Corner Bakery Cafe | 5% |
| Advertising Fee | |
| Bakers Delight | 2% |
| Corner Bakery Cafe | |
| Year Founded | |
| Bakers Delight | 0 |
| Corner Bakery Cafe | 0 |
| Year Franchised | |
| Bakers Delight | 0 |
| Corner Bakery Cafe | 0 |
| Term Of Agreement | |
| Bakers Delight | |
| Corner Bakery Cafe | |
| Renewal Fee | |
| Bakers Delight | |
| Corner Bakery Cafe | |
Business Experience Requirements |
|
| Experience | |
| Bakers Delight | |
| Corner Bakery Cafe | * $7.5 million net worth * $3 million liquidity (non-borrowed cash availability) * Interest in developing multiple cafes in a market or combination of markets * Relevant multi-unit restaurant / retail experience in market to be developed * Reside in market to be developed * Demonstrated real estate expertise in market * Existing infrastructure in place * Strong cultural fit * History of community involvement * Appreciation of great food * "Best in class" operators within your current system * Employer of choice within your current system |
Financing Options |
|
| Franchise Fees | |
| Bakers Delight | |
| Corner Bakery Cafe | |
| Start-up Costs | |
| Bakers Delight | |
| Corner Bakery Cafe | |
| Equipment | |
| Bakers Delight} | |
| Corner Bakery Cafe | |
| Inventory | |
| Bakers Delight | |
| Corner Bakery Cafe | |
| Receivables | |
| Bakers Delight | |
| Corner Bakery Cafe | |
| Payroll | |
| Bakers Delight | |
| Corner Bakery Cafe | |
Training & Support |
|
| Training | |
| Bakers Delight | The 16-20 week competency based training includes extensive in-house practical and written training, from baking, production management, marketing, purchasing and inventory to accounting and management practices. |
| Corner Bakery Cafe | |
| Support | |
| Bakers Delight | Point of Sale - cash flow, reporting and customer loyalty programs. Human Resources - industrial relations, employee relations and relevant legislation. Operations - over 55 operations staff across Australia/New Zealand acting as a business partner. Product safety and occupation health and safety standards. Property - locating viable precincts and negotiating leases directly with landlords. Purchasing - group purchasing arrangements. The opportunity to network with other franchisees and benchmark results provides an invaluable support system to the 700 strong bakery networks. |
| Corner Bakery Cafe | |
| Marketing | |
| Bakers Delight | Advertising, public relations, sponsorship, local marketing, research, design and product development. |
| Corner Bakery Cafe | |
| Operations | |
| Bakers Delight | |
| Corner Bakery Cafe | |
Expansion Plans |
|
| US Expansion | |
| Bakers Delight | |
| Corner Bakery Cafe | |
| Canada Expansion | |
| Bakers Delight | |
| Corner Bakery Cafe | |
| International Expansion | |
| Bakers Delight | |
| Corner Bakery Cafe | |