Wednesday
Apr282010
Cinnabon Franchise
Wednesday, April 28, 2010 at 12:31AM Cinnamon roll bakery
Since 1969, malls throughout the world have been filled with the scent of Cinnabon. Each bakery serves fresh and prepackaged cinnamon rolls, Pecanbons (cinnamon rolls topped with pecans and caramel frosting), coffees and other drinks.
Start-up Costs & Franchises Fees
What is the total cost to open a Cinnabon Franchises?
Total Cost: $175,500-$362,960
Total Franchise Fees: $30,000 USD
Ongoing Royalty Fees: 5%
Ongoing Advertising Fees: Not Available
Term of Agreement: 10-20 years
Franchise Agreement Renewal Fee: 50% of current franchise fee
Contact Information for Cinnabon
|
Cinnabon Inc. |
Phone Number: (404)255-3250 |
Cinnabon In the Press
No results at this time.Historical Expansion
In what year did Cinnabon begin operations? 1969
When did Cinnabon begin selling franchises? 1986
Year United States Canada International Corporate 2005 388 27 199 0 2004 401 28 217 0 2003 361 23 149 83 2002 327 20 110 101 2001 227 20 63 165
Future Expansion
Countries of Interest:
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No Yes Initial Start-up Capital No Yes Plant, Property, and Equipment No Yes Inventory No Yes Accounts Receivable No No Payroll No No
Training & Support
Support
In the Pressletter, Meetings, Toll free phone number, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Cooperative advertising, Ad slicks, Regional advertising support
Franchise Operation Restrictions
Franchise business owners required to buy multiple units/master licenses; 100% of all franchise business owners own more than one franchise location.Number of employees needed to run franchised unit: 8 - 10
Absentee ownership of franchise is allowed. (90% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
Industry experience General business experience Sales & marketing experience
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes