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