Start-Up Costs and Fees |
||
| Corner Bakery Cafe | COBS Bread | |
| Investment | 854000 - 2375000 | 400000 - 750000 |
| Franchise Fee | ||
| Royalty Fee | 5% | 7% |
| Advertising Fee | 3% | |
| Year Founded | 0 | 2003 |
| Year Franchised | 0 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Corner Bakery Cafe | COBS Bread | |
| 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 |
||
| Corner Bakery Cafe | COBS Bread | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Corner Bakery Cafe | COBS Bread | |
| Training | Throughout the 16 week training program, our training consultants will teach you everything you need to know about managing your COBS Bread bakery. This includes how to monitor and manage operations and finance, the full baking process, production planning, stock control, marketing, managing staff and wages, performance and recruitment management, occupational health and safety, and more, including: * Product knowledge and handling. * Bakery team training and customer service. * Marketing and promotions. * Purchasing and inventory control. * Effective management practices. * Bakery staff development. The COBS Bread Franchise Training Program takes place in a bakery environment, at designated bakery locations. It is conducted over three months, following a three week orientation. During this time potential franchisees acquire the necessary competencies required to operate a COBS Bread bakery. In addition to this, they attend off-site additional training on an ongoing basis when the need arises. | |
| Support | COBS Bread train franchisees to operate their business at a profit, offer experienced 'hands-on' group management, proven business procedures and systems. To meet the changing demands of customers, COBS Bread continues to enhance systems, policies, departmental structures and guidelines, to provide franchisees with more streamlined, relevant and timely support. | |
| Marketing | The COBS Bread brand is distinctive - from the delightful service to the high quality freshly baked breads day after day. ‘Real people' baking ‘real bread' while demonstrating ‘real delight,' is the cornerstone of our group marketing strategy. Parent company Bakers Delight, has a strong, recognisable brand. COBS Bread is closely aligned with the Bakers Delight brand, leveraging existing brand awareness. Over time the COBS Bread brand will become more recognisable and continue to grow. Strategic marketing support is offered in the areas of advertising, media, design, product, pricing, public relations, merchandising and market research. Franchisees also have the flexibility to conduct campaigns at a local level. Local marketing supports corporate strategies, leveraging the advertising dollar. | |
| Operations | ||
Expansion Plans |
||
| Corner Bakery Cafe | COBS Bread | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Corner Bakery Cafe | |
| COBS Bread | |
| Franchise Fee | |
| Corner Bakery Cafe | |
| COBS Bread | |
| Royalty Fee | |
| Corner Bakery Cafe | 5% |
| COBS Bread | 7% |
| Advertising Fee | |
| Corner Bakery Cafe | |
| COBS Bread | 3% |
| Year Founded | |
| Corner Bakery Cafe | 0 |
| COBS Bread | 2003 |
| Year Franchised | |
| Corner Bakery Cafe | 0 |
| COBS Bread | 2006 |
| Term Of Agreement | |
| Corner Bakery Cafe | |
| COBS Bread | 10 years |
| Renewal Fee | |
| Corner Bakery Cafe | |
| COBS Bread | |
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 |
| COBS Bread | |
Financing Options |
|
| Franchise Fees | |
| Corner Bakery Cafe | |
| COBS Bread | |
| Start-up Costs | |
| Corner Bakery Cafe | |
| COBS Bread | |
| Equipment | |
| Corner Bakery Cafe} | |
| COBS Bread | |
| Inventory | |
| Corner Bakery Cafe | |
| COBS Bread | |
| Receivables | |
| Corner Bakery Cafe | |
| COBS Bread | |
| Payroll | |
| Corner Bakery Cafe | |
| COBS Bread | |
Training & Support |
|
| Training | |
| Corner Bakery Cafe | |
| COBS Bread | Throughout the 16 week training program, our training consultants will teach you everything you need to know about managing your COBS Bread bakery. This includes how to monitor and manage operations and finance, the full baking process, production planning, stock control, marketing, managing staff and wages, performance and recruitment management, occupational health and safety, and more, including: * Product knowledge and handling. * Bakery team training and customer service. * Marketing and promotions. * Purchasing and inventory control. * Effective management practices. * Bakery staff development. The COBS Bread Franchise Training Program takes place in a bakery environment, at designated bakery locations. It is conducted over three months, following a three week orientation. During this time potential franchisees acquire the necessary competencies required to operate a COBS Bread bakery. In addition to this, they attend off-site additional training on an ongoing basis when the need arises. |
| Support | |
| Corner Bakery Cafe | |
| COBS Bread | COBS Bread train franchisees to operate their business at a profit, offer experienced 'hands-on' group management, proven business procedures and systems. To meet the changing demands of customers, COBS Bread continues to enhance systems, policies, departmental structures and guidelines, to provide franchisees with more streamlined, relevant and timely support. |
| Marketing | |
| Corner Bakery Cafe | |
| COBS Bread | The COBS Bread brand is distinctive - from the delightful service to the high quality freshly baked breads day after day. ‘Real people' baking ‘real bread' while demonstrating ‘real delight,' is the cornerstone of our group marketing strategy. Parent company Bakers Delight, has a strong, recognisable brand. COBS Bread is closely aligned with the Bakers Delight brand, leveraging existing brand awareness. Over time the COBS Bread brand will become more recognisable and continue to grow. Strategic marketing support is offered in the areas of advertising, media, design, product, pricing, public relations, merchandising and market research. Franchisees also have the flexibility to conduct campaigns at a local level. Local marketing supports corporate strategies, leveraging the advertising dollar. |
| Operations | |
| Corner Bakery Cafe | |
| COBS Bread | |
Expansion Plans |
|
| US Expansion | |
| Corner Bakery Cafe | |
| COBS Bread | |
| Canada Expansion | |
| Corner Bakery Cafe | |
| COBS Bread | |
| International Expansion | |
| Corner Bakery Cafe | |
| COBS Bread | |