EXPERIENCE THE SWEET REWARDS OF BECOMING A CINNABON FRANCHISE PARTNER
Initial fee: | $30,000 |
Royalty fee: | 6% + Advertising 1.5%-3% |
Total investment: | $191,800 - $392,989 |
Term of agreement: | 20 years, renewable |
Branch: | Food: Cinnamon rolls, coffee & baked goods |
Delicious cinnamon buns with rich creamy frosting and flavorful specialty drinks with coffee, chocolate, vanilla and fruits-this is why people stop so often at Cinnabon. Cinnabon is one of the world’s most famous brands for baked goodies and specialty-blend beverages. The recipe for Cinnabons was created in 1985 and since then nearly 1,000 franchises have opened in 40 countries.
Entrepreneurs who want to join Cinnabon and share their success can choose between single, multi-unit ownership and co-branded franchise. restaurant management background is not required but it surely helps new franchisees. Nearly 100% of all franchisees own more than one Cinnabon location.
The initial franchise fee for a full Cinnabon bakery is $30,000 and the royalty fees are 6% of net sales. The investments for a Cinnabon Express bakery include $7,500 franchise fee and $15.00 - $20.00 per case of freezer to oven rolls purchased from designated suppliers. Full bakery owners have additional advertising expenses of up to 3% of net sales while these expenses do not apply to Express bakery owners.
A team of experts assists new franchisees with operations, development, training, marketing and advertising. Help is present every step of the way. New candidates without experience go through a three-day internship program where they receive orientation training. In addition to this, they attend the Cinnabon WoW University training program where they learn everything else they need to know to operate a Cinnabon franchise.
Business consultants assist with the Grand Opening of each new franchise. Additional aid manuals and bulletins provide an extra source of information. Regular at-site consultations and visits from experts guarantee franchisees have a good time while managing a great business.
Cinnabon is one of the world’s best known bakeries and coffee shops. It stands for rich frosted cinnamon buns and flavorful specialty drinks. You can find Cinnabon bakeries in high-traffic locations like malls and airports. Cinnabon exists for over 25 years and has spread to over 40 countries worldwide.