Franchise FAQ

how much does a cinnaholic franchise owner make

by Maudie Marks Published 1 year ago Updated 1 year ago
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The average ‍Cinnaholic franchise owner makes an annual salary of around ‍$45,000. However, this number can vary depending on the size and location of the franchise.Aug 31, 2022

Full Answer

Why choose a Cinnaholic franchise?

Our product is a craft of love, passion and dedication. When you open a Cinnaholic franchise, you become part of the Cinnaholic family. Our franchise partners benefit from a flexible business model, relatively low operating costs and high-quality, delicious products that consumers come back for time and time again.

Who is Cinnaholic?

We’re not your typical dessert shop. Cinnaholic exploded onto the scene in 2010 with our award-winning, gourmet cinnamon rolls. We believe in serving fresh, scratch-made cinnamon rolls and other bakery products that meet the growing consumer demand for non-traditional, plant-based food alternatives.

What are the benefits of being a franchise partner?

Our franchise partners benefit from a flexible business model, relatively low operating costs and high-quality, delicious products that consumers come back for time and time again. Our business model works when franchise partners work the business.

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Who is the owner of Cinnaholic?

Shannon and Florian RadkeShannon 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. The company adopted a franchise business model in 2015. Cinnaholic Franchising, LLC.

How much does it cost to open a Cinnabon franchise?

What Does a Cinnabon Franchise Cost? To buy a franchise with Cinnabon, you'll need to have at least $120,000 in liquid capital and a minimum net worth of $400,000. Franchisees can expect to make a total investment of $142,333 - $365,700.

Is cinnamon a franchise?

Cinnabon bakeries are retail stores that sell fresh baked cinnamon rolls and related products, which may include alcoholic beverages. There are five types of franchises offered: Full Bakery: A bakery where the franchisee produces and sells a full range of Cinnabon products.

Is Cinnaholic all vegan?

At Cinnaholic, we believe everyone has the power to make a positive change in the world—for our people, the animals and the planet. All our products are made with the highest quality ingredients, and are 100% vegan, dairy & lactose-free, egg-free, and cholesterol-free.

Is Cinnabon a good investment?

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. This is longer than other franchise opportunities. You may not get a 15% profit margin which would elongate getting a return on your investment.

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 Cinnaholic net worth?

What Is the Net Worth of Cinnaholic? The valuation of Cinnaholic was $1 million when it appeared on Shark Tank. The net worth of Cinnaholic is $20 million as of 2022.

What is the franchise fee for Dunkin Donuts?

Here is a breakdown and ranges of the financial requirements to open a Dunkin' franchise: Total investment range: $97,500 to $1.7 million. Initial franchise fee: $40,000 to $90,000 (varies by location) Net worth: $500,000 minimum.

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!

Was Cinnaholic on Shark Tank?

Throughout 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.

How many calories are in a Cinnaholic?

There are 650 calories in 1 roll (5 oz) of Cinnaholic Cinnamon Roll.

Is Cinnaholic cookie dough safe to eat?

Our dough is egg free and we use heat treated flour so it's safe to eat raw and it can be frosted and topped like our cinnamon rolls! 💜Call ahead for large orders please!

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.

Who owns Cinnabon?

PopeyesFocus BrandsCinnabon Internation... Inc.Cinnabon/Parent organizations

What is the cost of McDonald's franchise?

The Franchise fee of McDonald's goes for around 30 lakhs INR; however, this fee is also attached with a 4 % monthly royalty fee as service fees to the brand. The actual investment amount differs, a business owner needs to keep a rough estimate of around 6 to 14 Crores.

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 a Cinnaholic?

Franchise Facts. Cinnaholic is a casual, full-service specialty bakery featuring custom gourmet cinnamon rolls, and other food products and beverages.

How many franchise locations do they have?

As of the 2020 Franchise Disclosure Document, there are 29 franchised Cinnaholic locations in the USA.

What does it mean to find the best franchise?

Finding the best franchise means comparing several brands to determine the ideal fit for you.

When did they begin franchising?

They began franchising in 2014. The average Bakery franchise began franchising in 2007.

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