Breadsmith
Breadsmith bakeries craft artisan, handmade breads with both European and American recipes to offer customers a range of high-quality, fresh baked goods. Modeled after French neighborhood bakeries, Breadsmith brings a unique and small town feel to each of its locations. Breadsmith bakeries create all of their products from scratch every day, bringing locals fresh, wholesome, staple baked goods free of any additives or preservatives. With over 125 different products to choose from, Breadsmith bakeries are popular with customers of any age or ethnic background. Breadsmith’s unrivaled business model provides franchisees with a time tested formula for success.
| |
Operating Units |
12/31/2008 |
12/31/2009 |
12/31/2010 |
|---|
| | Franchised |
33 |
33 |
34 |
| | % Change | -- |
0.0% |
3.0% |
| | Company-Owned |
1 |
1 |
1 |
| | % Change | -- |
0.0% |
0.0% |
| | Total |
34 |
34 |
35 |
| | % Change | -- |
0.0% |
2.9% |
| | Franchised as % of Total |
97.1% |
97.1% |
97.1% |
Investment Required
The fee for a Breadsmith franchise is $30,000.
Breadsmith provides the following range of investments required to open your initial franchise. The range assumes that all items are paid for in cash. To the extent that you choose to finance any of these expense items, your front-end investment could be substantially reduced.
| |
Item | Established Low Range | Established High Range |
| |
Initial Franchise Fee |
$30,000 |
$30,000 |
| |
Equipment and Small Wares |
$107,000 |
$115,000 |
| |
Leasehold Improvements and Fixtures |
$79,000 |
$100,000 |
| |
Opening Inventory |
$4,000 |
$7,000 |
| |
Signage |
$3,500 |
$7,500 |
| |
Security Deposits |
$2,000 |
$6,000 |
| |
Promotion |
$3,500 |
$5,500 |
| |
Pre-Opening Training |
$4,000 |
$6,000 |
| |
Misc. Opening Costs |
$1,500 |
$10,000 |
| |
Additional Funds (3 Months) |
$4,000 |
$30,000 |
| |
Total Initial Investment |
$238,500 |
$317,000 |
Ongoing Expenses
Breadsmith franchisees pay ongoing royalty fees ranging from 5% to 7% of gross sales. Additional fees payable by the franchisee include training fees.
What You Get—Training and Support
Prior to opening a Breadsmith store, franchisees undergo a three-week initial training program. The training consists of many important modules taught both in the classroom setting and in a fully-operational store setting.
Franchisees spend approximately 86 hands-on hours learning the art of making artisan quality bread. From mixing, to shaping, to baking, franchisees learn how to make Breadsmith’s award-winning breads from scratch. Additionally, the Breadsmith Research & Development Manager spends approximately four hours in the classroom and six hours in the store teaching franchisees advanced dough concepts. Breadsmith franchisees also gain knowledge of Breadsmith’s critical financial operations.
Territory
Breadsmith grants exclusive territories.
Note: The tables and information regarding the number of operating units, investment required, on-going expenses, training and territory grants were taken from the company’s 2011 FDD. The 2011 write-ups will be incorporated into the 2011 Edition of Bond’s Hottest New Franchises publication.
|
