Multi-Unit Franchisee Magazine 2014 Multi-Unit Buyer's Guide | Page 36

MULTI-UNIT Buyer’s Guide FOOD Qualifications OPPORTUNITY Description Since 1991, Corner Bakery Cafe has emerged as a recognized leader in fast-casual dining. Thanks to an innovative menu, a neighborhood approach to development and exceptional unit-level economics, Corner Bakery Cafe franchises are attracting the industry’s most sophisticated, multi-unit restaurant operators looking for opportunities in the fastest growing segment of the restaurant industry. Offering dine-in, to-go and best-in-class catering service, Corner Bakery Cafe delivers a premier bakery cafe experience in the heart of neighborhoods everywhere. SITE LOCATION Assistance Benefit from our success. Real estate, design and construction support includes: market planning, site evaluation, development orientation, project management support, prototypical documents, complete equipment specifications, design support, construction document review and approval, construction review and site visits, and pre-opening support. Fast Franchise Facts Franchising Since: 2006, founded 1991 Multi-Unit Franchisee Operating Units: 32% Total Franchise Operating Units: 52 (as of 2/3/14) Company Operating Units: 110 Capital Investment: $854,000 - $2,375,000 Franchise Fee (per unit): Total $35,000 (Development Fee = $10,000 + Franchise Fee = $25,000) Royalty Fee (per unit): 5% Advertising Fee (per unit): .75% Earnings Claims: No Build-Out Options: Inline, free standing, malls, urban, office buildings, airports, train stations, and other non-traditional venues Available Territories: AL, ID, IN, IO, KY, ME, MI, MN, MO, MT, NB, NV, NH, NM, NC, NE, OH, OR, SC, SD, TN, VT, WA, WV, WY Limited in: AZ, AR, DE, FL, GA, IL, KS, LS, MD, MA, NY, PA, TX Contact Gregg Koffler VP, Franchise Sales (888) 732-3929 Franchising@ CornerBakeryCafe.com CornerBakeryCafe.com/ Franchise-Information 34 (as of 2/3/14) MULTI-UNIT BUYER’S GUIDE 2014 Here is what we’re looking for in our franchisees: $3 million net worth, $1.5 million liquidity, interest in developing minimum of five cafes in a market, relevant multi-unit restaurant/ retail experience in market to be developed, demonstrated real estate expertise in market, existing infrastructure in place, strong cultural fit, history of community involvement, and best-in-class operators within your current system. Rankings & Awards Largest Revenue Increase (+13.6%) and Largest Growth % in Number of U.S. Units (13.95%) over last year (NRN Top 200: Bakery-Cafe 7/22/13); Ranked Highest by Consumers in Cleanliness (NRN Consumer Picks: Bakery-Cafe 3/25/13) Demographics 3,500 to 4,500 square feet, high exposure end caps in shopping centers with strong lunchtime crowd, easy access for “convenience-driven” guests, abundant parking adjacent to the restaurant, outdoor patio seating area adjacent to the restaurant – 20 to 50 seats desirable, close proximity to white collar employment centers.