Start-Up Costs and Fees |
||
| Paradise Bakery & Cafe | Bruegger's | |
| Investment | 480000 - 1205000 | 389600 - 591600 |
| Franchise Fee | ||
| Royalty Fee | 5% | 5% |
| Advertising Fee | ||
| Year Founded | 0 | 1983 |
| Year Franchised | 0 | 1993 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Paradise Bakery & Cafe | Bruegger's | |
| Experience | * Prior experience as a successful multi-unit restaurant owner/operator; * Strong leadership and management skills with a minimum of 5 years in the restaurant industry; * Minimum net worth of $2.5 million with sufficient cash liquidity and financial resources to open and operate a minimum of 5 locations over the next 2-3 years, Paradise Bakery does not sell single-unit franchises;* Entrepreneurial management style that will thrive within the operational guidelines set forth in the Paradise Bakery & Cafe "Ideal Scene";* And you must possess a passion for "great people serving great food"! | Industry experience |
Financing Options |
||
| Paradise Bakery & Cafe | Bruegger's | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Paradise Bakery & Cafe | Bruegger's | |
| Training | ||
| Support | Grand opening, Field operations/evaluations | |
| Marketing | Ad slicks, Regional advertising | |
| Operations | Franchisees required to buy multiple units/master licenses; 95% of all franchisees own more than one unit Absentee ownership of franchise is allowed. (66% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Paradise Bakery & Cafe | Bruegger's | |
| US Expansion | Arizona, California, Colorado, Florida, Georgia, Maryland, Maine, Michigan, Nevada, Rhode Island, Tennessee, Virginia, | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Paradise Bakery & Cafe | |
| Bruegger's | |
| Franchise Fee | |
| Paradise Bakery & Cafe | |
| Bruegger's | |
| Royalty Fee | |
| Paradise Bakery & Cafe | 5% |
| Bruegger's | 5% |
| Advertising Fee | |
| Paradise Bakery & Cafe | |
| Bruegger's | |
| Year Founded | |
| Paradise Bakery & Cafe | 0 |
| Bruegger's | 1983 |
| Year Franchised | |
| Paradise Bakery & Cafe | 0 |
| Bruegger's | 1993 |
| Term Of Agreement | |
| Paradise Bakery & Cafe | 10 years |
| Bruegger's | 10 years |
| Renewal Fee | |
| Paradise Bakery & Cafe | |
| Bruegger's | 25% of then-current franchise fee |
Business Experience Requirements |
|
| Experience | |
| Paradise Bakery & Cafe | * Prior experience as a successful multi-unit restaurant owner/operator; * Strong leadership and management skills with a minimum of 5 years in the restaurant industry; * Minimum net worth of $2.5 million with sufficient cash liquidity and financial resources to open and operate a minimum of 5 locations over the next 2-3 years, Paradise Bakery does not sell single-unit franchises;* Entrepreneurial management style that will thrive within the operational guidelines set forth in the Paradise Bakery & Cafe "Ideal Scene";* And you must possess a passion for "great people serving great food"! |
| Bruegger's | Industry experience |
Financing Options |
|
| Franchise Fees | |
| Paradise Bakery & Cafe | |
| Bruegger's | |
| Start-up Costs | |
| Paradise Bakery & Cafe | |
| Bruegger's | |
| Equipment | |
| Paradise Bakery & Cafe} | |
| Bruegger's | |
| Inventory | |
| Paradise Bakery & Cafe | |
| Bruegger's | |
| Receivables | |
| Paradise Bakery & Cafe | |
| Bruegger's | |
| Payroll | |
| Paradise Bakery & Cafe | |
| Bruegger's | |
Training & Support |
|
| Training | |
| Paradise Bakery & Cafe | |
| Bruegger's | |
| Support | |
| Paradise Bakery & Cafe | |
| Bruegger's | Grand opening, Field operations/evaluations |
| Marketing | |
| Paradise Bakery & Cafe | |
| Bruegger's | Ad slicks, Regional advertising |
| Operations | |
| Paradise Bakery & Cafe | |
| Bruegger's | Franchisees required to buy multiple units/master licenses; 95% of all franchisees own more than one unit Absentee ownership of franchise is allowed. (66% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Paradise Bakery & Cafe | |
| Bruegger's | Arizona, California, Colorado, Florida, Georgia, Maryland, Maine, Michigan, Nevada, Rhode Island, Tennessee, Virginia, |
| Canada Expansion | |
| Paradise Bakery & Cafe | |
| Bruegger's | 0 |
| International Expansion | |
| Paradise Bakery & Cafe | |
| Bruegger's | |