How much does a Cinnabon franchise cost?
How much does a Cinnabon franchise cost?
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. They also offer financing via 3rd party.
How much does a Cinnabon owner make?
(The math: If we are open 11 hours a day, 365 days per year equals 240,900 “selling minutes” divided by one $5 ticket every 3 minutes = 80,300 total tickets – 33,600 “break-even” level tickets = 46,700 net tickets * $5 = $233,500 x 50% profit = $116,750 profit for owner / investor on total revenue of $401,500).
Is Cinnabon a good franchise?
Cinnabon is also ranked number 35 in Entrepreneur’s 2021 Franchise 500 Rank.
How do I start a Cinnabon business?
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).
What is the ongoing royalty fee for Cinnabon?
6.0%
$475,700
| Type of Fee | Amount |
|---|---|
| Royalty | For full bakeries, express bakeries (that are not in a Schlotzsky’s), and concession bakeries, 6.0% of net sales. |
| Advertising Contribution | 1.5% of net sales but the franchisor may adjust this amount up to 3% of net sales. |
Who owns Cinnabon?
Popeyes
Focus BrandsCinnabon International, Inc.
Cinnabon/Parent organizations
How many Cinnabon franchises are there?
There are 942 Cinnabon locations in the United States, of which 2 are corporate units and 940 are franchise units.
What is the net worth of Cinnabon?
From Hooters To Hot Buns: How Kat Cole Turned Cinnabon Into A $1 Billion Brand.
What type of company is Cinnabon?
Cinnabon, Inc. 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.
Does Nestle own Cinnabon?
Focus 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.
Who is the owner of Cinnabon?
Is Cinnabon a public company?
Focus 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….Focus Brands.
| Type | Private |
|---|---|
| Website | www.focusbrands.com |
Why buy a Cinnabon franchise?
Cinnabon began its International journey in Canada in 1987. With its sweet cinnamon aroma, Cinnabon has become a worldwide phenomenon with unparalleled crave appeal. Today we are located in almost 50 countries and look for passionate franchise owners that meet our criteria to continue expanding around the world.
What is the Cinnabon franchise registration number in Minnesota?
RESIDENTS OF MINNESOTA: MN Franchise Registration Numbers: Cinnabon Franchisor SPV LLC: F-8190.
Where can I get a copy of my Cinnabon FDD?
Contact Cinnabon Franchisor SPV LLC, located at 5620 Glenridge Drive, NE, Atlanta, GA 30342, to request a copy of our FDD. RESIDENTS OF NEW YORK: This advertisement is not an offering.
