Start-Up Costs and Fees |
||
| Corner Bakery Cafe | Frullati Cafe & Bakery | |
| Investment | 854000 - 2375000 | 145900 - 446000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 6% |
| Advertising Fee | ||
| Year Founded | 0 | 1985 |
| Year Franchised | 0 | 1994 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Corner Bakery Cafe | Frullati Cafe & Bakery | |
| 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 |
Financing Options |
||
| Corner Bakery Cafe | Frullati Cafe & Bakery | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Corner Bakery Cafe | Frullati Cafe & Bakery | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Building sales takes effort on many different levels - from running your business with monitored food costs, to strong operations, to local store marketing, to most importantly ensuring that you give every customer a reason to return. The Frullati Cafe Marketing Team will assist you by creating national marketing initiatives and advertising that are key to building sales. Increasing sales takes diligent effort in all areas of your business. Co-op advertising, Ad slicks, Regional advertising | |
| Operations | Franchisees required to buy multiple units/master licenses; 35% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Corner Bakery Cafe | Frullati Cafe & Bakery | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Corner Bakery Cafe | |
| Frullati Cafe & Bakery | |
| Franchise Fee | |
| Corner Bakery Cafe | |
| Frullati Cafe & Bakery | |
| Royalty Fee | |
| Corner Bakery Cafe | 5% |
| Frullati Cafe & Bakery | 6% |
| Advertising Fee | |
| Corner Bakery Cafe | |
| Frullati Cafe & Bakery | |
| Year Founded | |
| Corner Bakery Cafe | 0 |
| Frullati Cafe & Bakery | 1985 |
| Year Franchised | |
| Corner Bakery Cafe | 0 |
| Frullati Cafe & Bakery | 1994 |
| Term Of Agreement | |
| Corner Bakery Cafe | |
| Frullati Cafe & Bakery | 10 years |
| Renewal Fee | |
| Corner Bakery Cafe | |
| Frullati Cafe & Bakery | 75% of then-current fee |
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 |
| Frullati Cafe & Bakery | Industry experience General business experience |
Financing Options |
|
| Franchise Fees | |
| Corner Bakery Cafe | |
| Frullati Cafe & Bakery | |
| Start-up Costs | |
| Corner Bakery Cafe | |
| Frullati Cafe & Bakery | |
| Equipment | |
| Corner Bakery Cafe} | |
| Frullati Cafe & Bakery | |
| Inventory | |
| Corner Bakery Cafe | |
| Frullati Cafe & Bakery | |
| Receivables | |
| Corner Bakery Cafe | |
| Frullati Cafe & Bakery | |
| Payroll | |
| Corner Bakery Cafe | |
| Frullati Cafe & Bakery | |
Training & Support |
|
| Training | |
| Corner Bakery Cafe | |
| Frullati Cafe & Bakery | |
| Support | |
| Corner Bakery Cafe | |
| Frullati Cafe & Bakery | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Corner Bakery Cafe | |
| Frullati Cafe & Bakery | Building sales takes effort on many different levels - from running your business with monitored food costs, to strong operations, to local store marketing, to most importantly ensuring that you give every customer a reason to return. The Frullati Cafe Marketing Team will assist you by creating national marketing initiatives and advertising that are key to building sales. Increasing sales takes diligent effort in all areas of your business. Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Corner Bakery Cafe | |
| Frullati Cafe & Bakery | Franchisees required to buy multiple units/master licenses; 35% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Corner Bakery Cafe | |
| Frullati Cafe & Bakery | |
| Canada Expansion | |
| Corner Bakery Cafe | |
| Frullati Cafe & Bakery | |
| International Expansion | |
| Corner Bakery Cafe | |
| Frullati Cafe & Bakery | |