Start-Up Costs and Fees |
||
| Cinnamon City | WOOPS! | |
| Investment | 79900 - 119900 | 58875 - 390675 |
| Franchise Fee | ||
| Royalty Fee | 6% | 4% |
| Advertising Fee | ||
| Year Founded | 1992 | 2012 |
| Year Franchised | 1996 | 2015 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Cinnamon City | WOOPS! | |
| Experience | General business experience | While you do not need baking experience to franchise with Woops!, we recommend that you have a proven track record of managerial experience, an entrepreneurial spirit and the drive to follow our proven business model as you bring Woops! to your community. |
Financing Options |
||
| Cinnamon City | WOOPS! | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | Yes |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Cinnamon City | WOOPS! | |
| Training | On-The-Job Training: 240 hours | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Ad Templates Social media SEO Website development Email marketing Loyalty program/app |
| Operations | Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Cinnamon City | WOOPS! | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Cinnamon City | |
| WOOPS! | |
| Franchise Fee | |
| Cinnamon City | |
| WOOPS! | |
| Royalty Fee | |
| Cinnamon City | 6% |
| WOOPS! | 4% |
| Advertising Fee | |
| Cinnamon City | |
| WOOPS! | |
| Year Founded | |
| Cinnamon City | 1992 |
| WOOPS! | 2012 |
| Year Franchised | |
| Cinnamon City | 1996 |
| WOOPS! | 2015 |
| Term Of Agreement | |
| Cinnamon City | 5 years |
| WOOPS! | |
| Renewal Fee | |
| Cinnamon City | |
| WOOPS! | |
Business Experience Requirements |
|
| Experience | |
| Cinnamon City | General business experience |
| WOOPS! | While you do not need baking experience to franchise with Woops!, we recommend that you have a proven track record of managerial experience, an entrepreneurial spirit and the drive to follow our proven business model as you bring Woops! to your community. |
Financing Options |
|
| Franchise Fees | |
| Cinnamon City | No |
| WOOPS! | No |
| Start-up Costs | |
| Cinnamon City | |
| WOOPS! | |
| Equipment | |
| Cinnamon City} | |
| WOOPS! | |
| Inventory | |
| Cinnamon City | |
| WOOPS! | |
| Receivables | |
| Cinnamon City | |
| WOOPS! | |
| Payroll | |
| Cinnamon City | |
| WOOPS! | |
Training & Support |
|
| Training | |
| Cinnamon City | |
| WOOPS! | On-The-Job Training: 240 hours |
| Support | |
| Cinnamon City | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations |
| WOOPS! | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| Marketing | |
| Cinnamon City | Co-op advertising, Ad slicks, National media, Regional advertising |
| WOOPS! | Ad Templates Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Cinnamon City | Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
| WOOPS! | |
Expansion Plans |
|
| US Expansion | |
| Cinnamon City | |
| WOOPS! | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Cinnamon City | 0 |
| WOOPS! | |
| International Expansion | |
| Cinnamon City | |
| WOOPS! | |