COBS Bread Franchise
Bakery
ABC INC
ABC-CO - NASDAQ
+0.25 (+0.20%)
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How much does it cost to open a COBS Bread Franchise ?
The investment required to open a COBS Bread Franchise is between $400,000 - $750,000 . There is an initial franchise fee of $25,000 which grants you the license to run a business under the COBS Bread name.
Individual Franchise Costs
- Initial Investment:
$400,000 - - Initial Franchise Fee:
$25,000 - Royalty Fee:
7% - Advertising Fee:
3% - Term of Agreement:
10 years
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | N/A | N/A |
| Startup Costs | N/A | N/A |
| Equipment | N/A | N/A |
| Inventory | N/A | N/A |
| Accounts Receivable | N/A | N/A |
| Payroll | N/A | N/A |
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.
COBS Bread Growth History
When did the first COBS Bread open? 2003When did COBS Bread start Franchising ? 2006
| Year | U.S.A. | Canada | International | Corporate |
|---|---|---|---|---|
| 2008 | 0 | 8 | 0 | 48 |
How much money you could make as a COBS Bread Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a COBS Bread Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.
Legal Disclaimer: This information is not a franchise offering for COBS Bread and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing a COBS Bread franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.