T.J. Cinnamons Franchise
Thursday, April 22, 2010 at 11:05PM Cinnamon rolls and gourmet bakery
When Ted and Joyce Rice first started selling cinnamon rolls at state fairs and rodeos, they were just looking to make some extra money and add to their retirement fund. Yet the demand for their sticky product was so great they were forced to turn their parttime venture into a fulltime T.J. Cinnamons bakery in Kansas City. The company began franchising and grew to nearly 250 locations in the late 1980s. But by the mid-'90s a declining economy, lower traffic, and inexperienced operators left only 47 bakeries operating. Arby's parent company acquired the business in 1996 and has since revived the bakery concept to be an add-on business that can be combined with any existing restaurant.
Start-up Costs & Franchises Fees
What is the total cost to open a T.J. Cinnamons Franchises?
Total Cost: $22,100-$39,200
Total Franchise Fees: $5,000 USD
Ongoing Royalty Fees: Varies
Ongoing Advertising Fees:
Term of Agreement: 10 years
Franchise Agreement Renewal Fee: Then-current franchise fee
Contact Information for T.J. Cinnamons
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T.J. Cinnamons |
Phone Number: (954)351-5200 |
Historical Expansion
In what year did T.J. Cinnamons begin operations? 1985
When did T.J. Cinnamons begin selling franchises? 1985
Year United States Canada International Corporate 2005 284 0 0 2 2004 292 0 0 3 2003 292 0 0 2 2002 288 0 0 0 2001 350 0 0 0
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No No Initial Start-up Capital No No Plant, Property, and Equipment No No Inventory No No Accounts Receivable No No Payroll No No
Training & Support
Training
Training program provided through manual
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
Ad slicks
Franchise Operation Restrictions
Absentee ownership of franchise is allowed.
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