Full Answer
What is franchise fee?
What does absentee ownership mean?
What is exclusive territory?
What is a military discount?
What is included in the initial investment?
How long is a franchise agreement?
What is the purpose of royalty fee?
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About this website
How many Cinnabon franchises are there?
With more than 1,100 bakeries in over 55 countries serving baked goods and specialty-blended beverages, our vision is quite simple – to be a global player in the snack industry and a best-in-class bakery and coffee shop franchise.
How many Cinnabon locations are there in the US?
How can I download a list of Cinnabon stores in the United States into Excel? You can download the complete list of 654 Cinnabon locations data as an Excel file, along with geo-coded addresses, phone numbers and open hours from our data store.
Is cinnamon a franchise?
Yes. Currently we are offering both single and multi-unit franchise opportunities. What are the initial franchise fee and royalty fees? Currently our initial franchise fee is $40,000, our on-going royalties are 5%, and our marketing royalties are 2%.
How many Cinnaholic locations are there?
All of our products are fresh-baked and 100% vegan, dairy & lactose-free, egg-free, and cholesterol-free. We look forward to serving you and your loved ones at one of 70+ locations across the U.S. and Canada!
How much does a Cinnabon franchise cost?
The initial franchise fee to open one Cinnabon franchise is $30,000. Additionally, potential Franchise Partners should possess cash liquidity of $120,000 and a net worth of at least $400,000. The current approximate startup cost is about $250,000 (note that startup cost will vary for each individual franchisee).
How much does a Cinnabon franchise make a year?
2021 Cinnabon Median Franchise Sales: $595,413 Based on the median sales provided by Cinnabon's franchise locations, at an average of a 15% profit margin it will take around 7 years to recoup your investment.
What is the cost of a Starbucks franchise?
What are the Financial requirements for a Starbucks licensed store? You need to pay the licensing fee of between $50,000 – $315,000 and you must have over $1,000,000 in liquid assets to be considered for a licensed store by Starbucks.
How much is an Auntie Anne's franchise?
Facts & FiguresLiquid capital required$120,000Net worth required$300,000 - $580,000Investment$100,550 - $503,500Franchise fee$10,500 - $35,500Royalty7.0%4 more rows
What is the cost of McDonald's franchise?
Documents- ID cards, lease documents, etc. Franchise Investment Cost- In India, if anyone wants to start a McDonald's franchise in India, then their net worth should be between INR 10 to 15 Crore. Also, assets worth INR 5 Crore should be in the form of cash or liquid assets.
Did Shark Tank invest in Cinnaholic?
Shannon and Florian Radke opened the first Cinnaholic bakery on Oxford Street in Berkeley, California in July 2010. The husband and wife team appeared on the television show Shark Tank in 2014, which ended in an investment offer.
Is Cinnaholic a good franchise?
Cinnaholic was named to Entrepreneur Magazine's Franchise 500® list in 2021, and a Top New Franchise in 2018! We appeared on ABC's Shark Tank and ABC News, and in countless business, financial and trade publications.
Who invested in Cinnaholic on Shark Tank?
investor Robert HerjavecThroughout 2021, Cinnaholic projects to open 20 locations. When Cinnaholic founders Shannon and Florian Radke pitched their vegan cinnamon roll concept on ABC's reality series “Shark Tank,” they wowed investor Robert Herjavec. He offered the two a deal—$200,000 in exchange for 40 percent equity.
Why are cinnabons only in malls?
This is because Cinnabon is usually found stationed only in crowded areas, such as malls, amusement parks, and airports. According to Mashed, Cinnabon does this so they can be located in high foot traffic areas where people are guaranteed to be, which all comes back to that irresistible smell…
Who is Cinnabon owned by?
Focus BrandsFocus Brands is an American company that is an affiliate of the American private equity firm Roark Capital Group that currently owns the Schlotzsky's, Carvel, Cinnabon, Moe's Southwest Grill, McAlister's Deli, Auntie Anne's and Jamba brands. It is located in Sandy Springs, Georgia, and operates over 5,000 stores.
Who is the CEO of Cinnabon?
Joe GuithJoe Guith serves as the CEO / President of Cinnabon. Reginald Coachman serves as the Vice President Operations of Cinnabon.
What is the secret ingredient in Cinnabon?
MakaraThey use one secret ingredient that entices every customer to buy one of their delicious desserts: cinnamon. Psst: Here's how to make our Cinnabon copycat at home. Clearly cinnamon isn't a secret ingredient in the recipe for cinnamon rolls, but it's the type of cinnamon they use that's key. They call it Makara.
Cinnabon Franchise Costs & Fees
Cinnabon Eyes Missouri For Rapid Expansion Cinnabon, Inc., the snack leader in the bakery-cafe segment, plans to significantly expand its footprint in Missouri, including the greater St. Louis metro area, by opening five mall-based franchise bakeries in the coming months. Cinnabon(R), which currently has 10 locations throughout the state,...
Cinnabon Franchise - How To Open, Cost & Profit - Startupback
Cinnabon Full Bakery: In this franchise offer, the franchisee is given the license to produce and sell a wide range of Cinnabon Cinnabon Express Bakery: In this franchise offer, the franchisee is only given the license to produce and sell a limited range of Cinnabon products. BENEFITS OF BUYING A CINNABON FRANCHISE. A franchisee has the choice to choose between a single or multi-unit franchise.
Cinnabon Franchise (Costs + Fees + FDD) | Franchise Direct
Year Business Began: 1985 Franchising Since: 1986 Headquarters: Atlanta, Georgia Estimated Number of Units: 1,755 Franchise Description: Cinnabon Franchisor SPV LLC, the franchisor, is a wholly-owned subsidiary of FOCUS Brands Systems LLC. Cinnabon bakeries are retail stores that sell fresh baked cinnamon rolls and related products, which may include alcoholic beverages.
Cinnabon Franchise Agreement - Cinnabon Inc. - Sample Contracts and ...
Cinnabon Franchise Agreement - Cinnabon Inc. and Other Business Contracts, Forms and Agreeements. Competitive Intelligence for Investors.
What is franchise fee?
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor.
What does absentee ownership mean?
Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.
What is exclusive territory?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
What is a military discount?
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
What is included in the initial investment?
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
How long is a franchise agreement?
20 years. Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease.
What is the purpose of royalty fee?
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
How much does Cinnabon franchise cost?
Cinnabon has the franchise fee of up to $30,000, with total initial investment range of $185,150 - $330,700.
Where is Cinnabon located?
Please try again later. Cinnabon, LLC owns and operates cinnamon roll bakeries worldwide. The company was founded in 1985 and is based in Atlanta, Georgia.
Who owns cinnamon rolls?
Cinnabon, LLC owns and operates cinnamon roll bakeries worldwide. The company was founded in 1985 and is based in Atlanta, Georgia. It offers cinnamon rolls, other baked goods, and beverages.
What does absentee ownership mean?
Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.
What is the franchise fee?
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
How long is a franchise agreement?
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
What is included in the initial investment?
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
Where is Cinnamonster located?
There are now Cinnamonster locations in malls and shopping centers across the United States.
What is exclusive territory?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
Do franchisors have in-house financing?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
What are the marketing skills of Cinnabon?
Marketing skills "Passion and enthusiasm in being a small business owner, and having the go-getter mentality… You've got to like people to do business at Cinnabon." - Mark Hong, director of franchise development
Is Cinnabon expanding in Missouri?
Cinnabon Eyes Missouri For Rapid Expansion#N#Cinnabon, Inc., the snack leader in the bakery-cafe segment, plans to significantly expand its footprint in Missouri, including the greater St. Louis metro area, by opening five mall-based franchise bakeries in the coming months. Cinnabon (R), which currently has 10 locations throughout the state,...
What would be a success if it was a freshly baked treat?
If success was a freshly baked treat, it would be Cinnabon®.
Do franchisees have to buy multiple units?
Franchisees required to buy multiple units/master licenses; 100% of all franchisees own more than one unit
How many countries does Cinnabon operate in?
Cinnabon has franchise operations in 48 countries which include:
When was Cinnabon first made?
A Cinnabon cinnamon roll in a to-go box. The first Cinnabon opened on December 4, 1985 , Federal Way, Washington at SeaTac Mall, now called The Commons at Federal Way. Cinnabon was an offshoot of the Seattle Based Restaurants Unlimited restaurant chain majority owned by Rich Komen with minority partner and CEO Ray Lindstrom at the helm.
What is a Cinnabon?
Cinnabon. Cinnabon is an American chain of baked goods stores and kiosks, normally found in areas with high pedestrian traffic such as malls, airports and rest stops. The company's signature item is a cinnamon roll (known as a "Cinnabon").
Where is Cinnabon located?
As of December 2017, there are more than 1,200 Cinnabon bakeries operating in 48 countries. Its headquarters are in Sandy Springs, Georgia , United States.
Where is Saul Goodman?
In the AMC television series Better Call Saul, the main character, Saul Goodman, is shown working at a Cinnabon store in Nebraska as he is a fugitive from justice and living under an assumed name. Several comedians, including Louis C.K. and Jim Gaffigan, have admitted to consuming Cinnabons in a self-deprecating way.
Who invented cinnamon rolls?
Komen and Lindstrom wanted to create the perfect cinnamon roll, eventually hiring Jerilyn Brusseau to finalize the recipe since Brusseau was famous for her baking in the Seattle area. The first bakery began by serving only its cinnamon rolls with a sign touting "World Famous Cinnamon Rolls".
Which countries have closed their stores?
Former locations. Austria. Finland (One outlet opened in March 2015, but it was closed in March 2016) Israel (Closed in August 2016) Poland (Closed in March 2021) Romania (Last outlet closed in 2018) Singapore.
What is franchise fee?
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor.
What does absentee ownership mean?
Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.
What is exclusive territory?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
What is a military discount?
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
What is included in the initial investment?
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
How long is a franchise agreement?
20 years. Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease.
What is the purpose of royalty fee?
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
