Start-Up Costs and Fees |
||
| Corner Bakery Cafe | Nothing Bundt Cakes | |
| Investment | 854000 - 2375000 | 431587 - 600387 |
| Franchise Fee | ||
| Royalty Fee | 5% | 5% |
| Advertising Fee | 4% | |
| Year Founded | 0 | 1997 |
| Year Franchised | 0 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Corner Bakery Cafe | Nothing Bundt Cakes | |
| 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 | Nothing Bundt Cakes | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Corner Bakery Cafe | Nothing Bundt Cakes | |
| Training | On-The-Job Training: 4 weeks Classroom Training: 4 weeks | |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations | |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising | |
| Operations | Number of Employees Required to Run: 15 - 20 | |
Expansion Plans |
||
| Corner Bakery Cafe | Nothing Bundt Cakes | |
| 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Corner Bakery Cafe | |
| Nothing Bundt Cakes | |
| Franchise Fee | |
| Corner Bakery Cafe | |
| Nothing Bundt Cakes | |
| Royalty Fee | |
| Corner Bakery Cafe | 5% |
| Nothing Bundt Cakes | 5% |
| Advertising Fee | |
| Corner Bakery Cafe | |
| Nothing Bundt Cakes | 4% |
| Year Founded | |
| Corner Bakery Cafe | 0 |
| Nothing Bundt Cakes | 1997 |
| Year Franchised | |
| Corner Bakery Cafe | 0 |
| Nothing Bundt Cakes | 2006 |
| Term Of Agreement | |
| Corner Bakery Cafe | |
| Nothing Bundt Cakes | |
| Renewal Fee | |
| Corner Bakery Cafe | |
| Nothing Bundt Cakes | |
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 |
| Nothing Bundt Cakes | |
Financing Options |
|
| Franchise Fees | |
| Corner Bakery Cafe | |
| Nothing Bundt Cakes | |
| Start-up Costs | |
| Corner Bakery Cafe | |
| Nothing Bundt Cakes | |
| Equipment | |
| Corner Bakery Cafe} | |
| Nothing Bundt Cakes | |
| Inventory | |
| Corner Bakery Cafe | |
| Nothing Bundt Cakes | |
| Receivables | |
| Corner Bakery Cafe | |
| Nothing Bundt Cakes | |
| Payroll | |
| Corner Bakery Cafe | |
| Nothing Bundt Cakes | |
Training & Support |
|
| Training | |
| Corner Bakery Cafe | |
| Nothing Bundt Cakes | On-The-Job Training: 4 weeks Classroom Training: 4 weeks |
| Support | |
| Corner Bakery Cafe | |
| Nothing Bundt Cakes | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| Marketing | |
| Corner Bakery Cafe | |
| Nothing Bundt Cakes | Co-op Advertising Ad Templates National Media Regional Advertising |
| Operations | |
| Corner Bakery Cafe | |
| Nothing Bundt Cakes | Number of Employees Required to Run: 15 - 20 |
Expansion Plans |
|
| US Expansion | |
| Corner Bakery Cafe | |
| Nothing Bundt Cakes | 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 | |
| Nothing Bundt Cakes | 0 |
| International Expansion | |
| Corner Bakery Cafe | |
| Nothing Bundt Cakes | |