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. Initial investments: $185,150 - $330,700
Full Answer
How much money do you need to buy a Cinnabon franchise?
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. They also offer financing via 3rd party. *. Request Free Information.
What is Cinnabon franchise?
At Cinnabon ®, we're dedicated to the success of our Franchise Partners and are focused on providing world-class support and service based on respect and trust. When you join the Cinnabon family, you'll be working with experienced professionals who have extensive brand building, marketing, development and operational experience in all functions of the foodservice and bakery and coffee shop franchise industries.
How long has Cinnabon been serving?
Cinnabon has been serving delicious goodies for more than 25 years and seeks Franchise Partners who are passionate about owning their own Cinnabon Bakery franchise to continue expansion and create lasting memories for their Guests.
What is Cinnabon owner?
Cinnabon owners are people who excel in the foodservice environment and enjoy giving back to their community. We all share the same goal - to help make you successful and happy each and every day. Cinnabon offers Franchise Partners: Single, multi-unit and co-branding Bakery franchise opportunities An opportunity to be part of a world-famous brand Efficient, customizable Bakery designs to maximize return on investment Access to a dedicated and passionate Franchise Support Team
How many Cinnabon bakeries are there?
Cinnabon is an escape, a mini vacation, the frosting of life. With more than 1,100 bake ries 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.
What is Cinnabon's motto?
The Cinnabon ® motto represents our world-famous goodies, but more than that, it's also our very reason to exist. We provide balance in life – to Moms with kids and shopping bags, travelers with suitcases or anyone who wants to indulge. Cinnabon is an escape, a mini vacation, the frosting of life.
How much does a "Cinnabon" franchise cost?
The minimum amount required for a franchisee to invest is $61,100 and can go all the way up to $158,350.
What is a Cinnabon bakery?
You will operate a Cinnabon® retail bakery (a “Bakery”). Bakeries are retail stores that sell fresh
What is a N/A in Cinnabon?
“N/A” or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable. When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.
What is franchise failure?
Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.
What is franchise percentage?
The percentage change of total franchise units from one year to the next.
Is Cinnabon a SBA franchise?
Vetted Biz has reviewed the SBA Loan Data for Cinnabon. Cinnabon is available for SBA financing. Cinnabon's SBA Franchise Identifier Code was issued on October 1, 2017. Cinnabon also meets the Federal Trade Commission's definition of a franchise.
What is Cinnabon franchise?
At Cinnabon®, we're dedicated to the success of our Franchise Partners and are focused on providing world-class support and service based on respect and trust. When you join the Cinnabon family, you'll be working with experienced professionals who have extensive brand building, marketing, development and operational experience in all functions of the foodservice and bakery and coffee shop franchise industries.
How long has Cinnabon been around?
Cinnabon has been serving delicious goodies for more than 25 years. Together, we can create memories – for you, your family and most importantly, for your Guests. Make your dream a reality and experience the sweet rewards of becoming a Cinnabon Franchise Partner!
What is Cinnabon's motto?
The Cinnabon® motto represents our world-famous goodies, but more than that, it's also our very reason to exist. We provide balance in life – to Moms with kids and shopping bags, travelers with suitcases or anyone who wants to indulge. Cinnabon is an escape, a mini vacation, the frosting of life.
Background
The food and restaurant industry is a billion-dollar industry that has added countless jobs to the economy. Even during the COVID-19 pandemic, the industry has continued to boom and has adapted to the changing global economy. A change that is here to stay is that health and safety a top priority. This rings true for the Cinnabon franchise.
Support and Training Offered By Cinnabon
In terms of support and training, the franchisee can expect 36 hours worth of on-the-job training. Additionally, the franchise provides classroom training that lasts for 20 hours.
Franchises Similar to Cinnabon
The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises.
How has Cinnabon changed the game?
Cinnabon has completely changed the game for the way that people enjoy cinnamon rolls.
Why do franchise owners terminate?
Although in most cases, franchise owners terminate because they aren’t doing well or making enough profit, many times it could just indicate that the owner lost interest or passion for the business.
Does turnover affect franchise?
The turnover rate for a franchise opportunity can clue us into whether or not the company is healthy or not. Many times, franchise owners terminate their contract or decide on not renewing their contract because of certain circumstances. Unfortunately, these incidents affect the turnover rate.
Can you finance Cinnabon?
There are no finance options available, nor refunds or discounts on purchasing multiple outlets. So you’ll have to find some way to make that money if you really are loving the thought of owning your very own Cinnabon.
Is Cinnabon a franchise?
Cinnabon offers more than just a tasty treat for everyone to enjoy on any occasion, but they also provide an excellent franchise opportunity with training and financial transparency available. It’s a wonderful chance for aspiring entrepreneurs to put their love for cinnamon rolls to good use and make money from it.
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.
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.
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.
