Start-Up Costs and Fees |
||
| Corner Bakery Cafe | Mrs. Powell's Bakery Eatery | |
| Investment | 854000 - 2375000 | 125000 - 160000 |
| Franchise Fee | ||
| Royalty Fee | 5% | 5% |
| Advertising Fee | 3% | |
| Year Founded | 0 | 1984 |
| Year Franchised | 0 | 1986 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Corner Bakery Cafe | Mrs. Powell's Bakery Eatery | |
| 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 | Mrs. Powell's Bakery Eatery | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Corner Bakery Cafe | Mrs. Powell's Bakery Eatery | |
| Training | 1. Head Office 1 Week 2. Franchised Store 1 Week 3. Own Store 1 Week | |
| Support | Field Operation Evaluation Field Training Initial Store Opening Inventory Control Franchisee Newsletter Regional or National Meetings: At Additional Cost | |
| Marketing | ||
| Operations | Average Number of Employees: 2 Full-time, 4 Part-time Passive Ownership: Allowed, But Discouraged | |
Expansion Plans |
||
| Corner Bakery Cafe | Mrs. Powell's Bakery Eatery | |
| 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Corner Bakery Cafe | |
| Mrs. Powell's Bakery Eatery | |
| Franchise Fee | |
| Corner Bakery Cafe | |
| Mrs. Powell's Bakery Eatery | |
| Royalty Fee | |
| Corner Bakery Cafe | 5% |
| Mrs. Powell's Bakery Eatery | 5% |
| Advertising Fee | |
| Corner Bakery Cafe | |
| Mrs. Powell's Bakery Eatery | 3% |
| Year Founded | |
| Corner Bakery Cafe | 0 |
| Mrs. Powell's Bakery Eatery | 1984 |
| Year Franchised | |
| Corner Bakery Cafe | 0 |
| Mrs. Powell's Bakery Eatery | 1986 |
| Term Of Agreement | |
| Corner Bakery Cafe | |
| Mrs. Powell's Bakery Eatery | 10 Years +10 |
| Renewal Fee | |
| Corner Bakery Cafe | |
| Mrs. Powell's Bakery Eatery | |
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 |
| Mrs. Powell's Bakery Eatery | |
Financing Options |
|
| Franchise Fees | |
| Corner Bakery Cafe | |
| Mrs. Powell's Bakery Eatery | |
| Start-up Costs | |
| Corner Bakery Cafe | |
| Mrs. Powell's Bakery Eatery | |
| Equipment | |
| Corner Bakery Cafe} | |
| Mrs. Powell's Bakery Eatery | |
| Inventory | |
| Corner Bakery Cafe | |
| Mrs. Powell's Bakery Eatery | |
| Receivables | |
| Corner Bakery Cafe | |
| Mrs. Powell's Bakery Eatery | |
| Payroll | |
| Corner Bakery Cafe | |
| Mrs. Powell's Bakery Eatery | |
Training & Support |
|
| Training | |
| Corner Bakery Cafe | |
| Mrs. Powell's Bakery Eatery | 1. Head Office 1 Week 2. Franchised Store 1 Week 3. Own Store 1 Week |
| Support | |
| Corner Bakery Cafe | |
| Mrs. Powell's Bakery Eatery | Field Operation Evaluation Field Training Initial Store Opening Inventory Control Franchisee Newsletter Regional or National Meetings: At Additional Cost |
| Marketing | |
| Corner Bakery Cafe | |
| Mrs. Powell's Bakery Eatery | |
| Operations | |
| Corner Bakery Cafe | |
| Mrs. Powell's Bakery Eatery | Average Number of Employees: 2 Full-time, 4 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
|
| US Expansion | |
| Corner Bakery Cafe | |
| Mrs. Powell's Bakery Eatery | 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 | |
| Corner Bakery Cafe | |
| Mrs. Powell's Bakery Eatery | |
| International Expansion | |
| Corner Bakery Cafe | |
| Mrs. Powell's Bakery Eatery | |