Start-Up Costs and Fees |
||
| Corner Bakery Cafe | Between Rounds Bakery Sandwich Cafe | |
| Investment | 854000 - 2375000 | 313000 - 416000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 5% -7% |
| Advertising Fee | up to 2% | |
| Year Founded | 0 | 1990 |
| Year Franchised | 0 | 1992 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Corner Bakery Cafe | Between Rounds Bakery Sandwich 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 | Industry experience General business experience Marketing skills |
Financing Options |
||
| Corner Bakery Cafe | Between Rounds Bakery Sandwich Cafe | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Corner Bakery Cafe | Between Rounds Bakery Sandwich Cafe | |
| Training | ||
| Support | Meetings, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 8 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Corner Bakery Cafe | Between Rounds Bakery Sandwich Cafe | |
| US Expansion | Connecticut, Massachusetts, Pennsylvania, West Virginia, | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Corner Bakery Cafe | |
| Between Rounds Bakery Sandwich Cafe | |
| Franchise Fee | |
| Corner Bakery Cafe | |
| Between Rounds Bakery Sandwich Cafe | |
| Royalty Fee | |
| Corner Bakery Cafe | 5% |
| Between Rounds Bakery Sandwich Cafe | 5% -7% |
| Advertising Fee | |
| Corner Bakery Cafe | |
| Between Rounds Bakery Sandwich Cafe | up to 2% |
| Year Founded | |
| Corner Bakery Cafe | 0 |
| Between Rounds Bakery Sandwich Cafe | 1990 |
| Year Franchised | |
| Corner Bakery Cafe | 0 |
| Between Rounds Bakery Sandwich Cafe | 1992 |
| Term Of Agreement | |
| Corner Bakery Cafe | |
| Between Rounds Bakery Sandwich Cafe | 10 years |
| Renewal Fee | |
| Corner Bakery Cafe | |
| Between Rounds Bakery Sandwich Cafe | $3.6K |
Business Experience Requirements |
|
| Experience | |
| 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 |
| Between Rounds Bakery Sandwich Cafe | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Corner Bakery Cafe | |
| Between Rounds Bakery Sandwich Cafe | |
| Start-up Costs | |
| Corner Bakery Cafe | |
| Between Rounds Bakery Sandwich Cafe | |
| Equipment | |
| Corner Bakery Cafe} | |
| Between Rounds Bakery Sandwich Cafe | |
| Inventory | |
| Corner Bakery Cafe | |
| Between Rounds Bakery Sandwich Cafe | |
| Receivables | |
| Corner Bakery Cafe | |
| Between Rounds Bakery Sandwich Cafe | |
| Payroll | |
| Corner Bakery Cafe | |
| Between Rounds Bakery Sandwich Cafe | |
Training & Support |
|
| Training | |
| Corner Bakery Cafe | |
| Between Rounds Bakery Sandwich Cafe | |
| Support | |
| Corner Bakery Cafe | |
| Between Rounds Bakery Sandwich Cafe | Meetings, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Corner Bakery Cafe | |
| Between Rounds Bakery Sandwich Cafe | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Corner Bakery Cafe | |
| Between Rounds Bakery Sandwich Cafe | 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 8 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Corner Bakery Cafe | |
| Between Rounds Bakery Sandwich Cafe | Connecticut, Massachusetts, Pennsylvania, West Virginia, |
| Canada Expansion | |
| Corner Bakery Cafe | |
| Between Rounds Bakery Sandwich Cafe | |
| International Expansion | |
| Corner Bakery Cafe | |
| Between Rounds Bakery Sandwich Cafe | |