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Cinnabon Inc. Franchise System
06/08/2011, 12:44:13
Yorum: #1
Cinnabon Inc. Franchise System
Cinnabon Inc. is a wholly-owned subsidiary of Cinnabon International, Inc, which is a wholly-owned subsidiary of Focus Brands Inc.

Franchise Offer: There are two types of franchises offered:

Cinnabon Full Bakery is where the franchisee will produce and sell a full range of Cinnabon products.
Cinnabon Microbakery is where the franchisee will produce and sell only selected Cinnabon products.
Financial Assistance: Cinnabon Inc. does not offer financing for trade fixtures, opening inventory, or any other purpose. In certain circumstances, Cinnabon Inc. will permit the franchisee to pay some of the Initial Franchise Fee on the due date that they and Cinnabon Inc. negotiate. In this case, the franchisee must sign a promissory note. Under this note, the franchisee will not pay any interest unless they default on the note, at which time they must pay interest at 12% per year. Cinnabon Inc. does not require any security interest under this note. Cinnabon Inc. may refer a franchisee to leasing or financing companies not affiliated with Cinnabon Inc.

Training and Assistance: If the franchisee is an individual and will act as the full-time manager of the Bakery, they and any other persons the franchisor designates must attend and successfully complete the basic Cinnabon Bakery Manager Training Program. The franchisor may periodically make available to the franchisee and their employees, additional training programs that the franchisor chooses to conduct. Attendance at these training programs may be mandatory. The Cinnabon Full Bakery In-Store training program lasts for 10 to 17 days in a regionally approved live training bakery/location. It is considered the first step in a two step training process. The second step is to attend Focus Brands University, a five-day Business Management course. The franchisee must successfully complete Focus Brands University and In-line training before the Franchisee can open their Bakery.

Territory: The Franchise Agreement does not give the franchisee any territorial rights or protections in any geographic area. The Franchise Agreement licenses the franchisee to manufacture and sell Cinnabon products at retail only from a specific Full Bakery or Cinnabon Microbakery location that Cinnabon Inc. accepts.

Term of Agreement and Renewal: The term of the franchise agreement is 20 years with an option to renew for an additional 20 years if certain requirements are meet. The fee for renewal is the then-current initial franchise fee

Obligations and Restrictions: The franchisee must personally supervise the operation of the Bakery, unless the franchisee otherwise permits in writing. The franchisee must offer and sell all services, products, and programs that the franchisor requires the franchisee to sell and that are part of the Cinnabon System, or that the franchisor incorporates into the Cinnabon System in the future. The franchisor may add to, delete from, or modify the services, products, and programs that the franchisee can and must offer.

Total Number of Units: Over 760 units.

Investment Tables:

Initial Investment for Full Bakery:

Name of Fee Low High
Initial Franchise Fee $30,000 $30,000
Real Estate Varies Varies
Leasehold Improvements $80,000 $120,000
Furniture, Fixtures, Equipment and Signs $62,000 $90,000
Initial Training $1,000 $7,000
Opening Supplies $6,200 $14,000
Insurance $2,000 $5,000
Utility Deposits N/A N/A
Business Licenses and Professional Fees $6,000 $10,000
Additional Funds - 3 Months $5,000 $5,000
Grand Opening Advertising $0 $3,000
Total $192,200 $284,000
Initial Investment for Cinnabon Microbakery:

Name of Fee Low High
Initial Franchise Fee $15,000 $15,000
Real Estate Varies Varies
Leasehold Improvements $15,000 $20,000
Furniture, Fixtures, Equipment and Signs $62,000 $90,000
Initial Training $1,000 $7,000
Opening Supplies $3,000 $10,000
Insurance $2,000 $5,000
Utility Deposits N/A N/A
Business Licenses and Professional Fees $1,500 $5,000
Additional Funds - 3 Months $5,000 $5,000
Total $108,500 $157,000 BAYİLİK BAŞVURUSU

             
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22/08/2011, 04:09:16
Yorum: #2
 
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