The total estimated investment cost necessary to begin operation of a Corner Bakery Cafe Franchise ranges from $952,000 to $1,952,000. This includes the Corner Bakery Franchise Fee of $40,000 paid to the franchisor. The ongoing Corner Bakery Royalty is 5% of gross sales. The ongoing marketing fund contribution is currently 0.75% of gross sales paid weekly with the royalty. The brand development fee (including national marketing contribution) will not exceed 4.5% of gross sales. The ongoing regional marketing fund contribution is currently 1.75% of gross sales, including the National Fund.
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Corner Bakery Franchise Benefits
This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.
Corner Bakery Franchise Cost
The total estimated initial investment ranges from $952,000 – $1,952,000. Like many other franchises, a large part of these costs is attributable to construction and equipment costs. Here is how the investment breaks down:
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- Pre-construction costs: $25,000 – $144,000
- Construction costs: $372,000 – $750,000
- Front of House Furniture, Fixtures & Equipment: $33,000 – $89,000
- Back of House Furniture, Fixtures & Equipment: $208,000 – $275,000
- Smallwares: $23,000 – $34,000
- Technology System: $34,000 – $50,000
- Catering Equipment: $40,000
- Real Property: Variable
- Initial Franchise Fee: $25,000
- Grand Opening Marketing: $15,000
- Training: $40,000 – $100,000
- Inventory: $10,000 – $20,000
- Security Deposits: $2,000 – $10,000
- Additional Funds: $125,000 – $400,000
- Total Estimated Initial Investment: $952,000 – $1,952,000
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Corner Bakery Franchise Requirements
Corner Bakery Franchise Profit
Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors.
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Corner Bakery Royalty
The ongoing Corner Bakery royalty is 5% of gross sales. This amount is due weekly following the end of each Reporting Period paid by electronic funds transfer. A reporting period is defined as a one-week period commencing on Monday and ending on Sunday, or another period designated by the franchisor periodically. This is swept via EDTA.
How to Apply For Corner Bakery Franchise
To get the franchise first you have to fill the form. Then the company officials will contact you for further details. After that you you can open this franchise.
Corner Bakery Franchise Contact details
Is it profitable or not?
Ans: It is fast moving products, so there is fewer margins but your sale is too high. So, obviously you can make more profit from this business.
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How Much Money can you make with Corner Bakery?
According to the FDD, the average gross sales per location are $2,179,238. On those sales, the average restaurant level EBITDA is $181,352 (8.3%).
Restaurant level margin is typically thought of before paying debt, taxes or for above store management. The other important factors to profitability include labor and food costs (cost of goods) Cost of goods is 29.3% and labor runs around 35% (34.9%)
So far we have shared the basics for this franchise. It is the most profitable franchise. You will never doubt your decision to start this franchise. Go ahead and achieve your goal. If you find more information please feel free to share with us. Share your thoughts and we will definitely contact you with new franchise and opportunities. Stay Tuned for more franchise. Thank you
Disclaimer: The information given in this article like investment may vary from place to place, so we are not sure about the investment part.
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