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Breadsmith
Breadsmith is a bakery which boasts of having their recipes and baking practices similar to those of French bakers, which date back centuries. At Breadsmith customers are treated to bread made the traditional way. Each loaf of bread is hand made from scratch every day. The bakery has teams of mixers, production crew and bakers each contributing since early morning to create new fresh bread each day. The bakery emphasizes a lot on the aroma and atmosphere created and tries to emulate the European styles in its US franchises. There are currently over 30 Breadsmith stores across the country.
Facts & figures
To open a location, you should have $150,000 available as liquid capital. You need to have a total net worth of $300,000 if you want to become an owner. 5% is the royalty that you would expect to pay back to the franchisor as you operate your location. $382,300 is the minimum that someone opening a location should expect to invest. $456,000 is the maximum that someone opening a location should expect to invest. $30,000 is the franchise fee new franchisees pay the franchisor. The company was originally founded in 1993. Franchising as a means of location growth started in 1993. There is currently a total of 32 units in operation.