Opening a Cinnabon Franchise

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Cinnabon is the world's most popular cinnamon bakery which makes this franchise business an ideal venture for entrepreneurs who want to tap the lucrative market of food industry. In terms of business experience, the Cinnabon is quite lenient: it only requires franchisees to have at least a general experience in business and marketing skills to handle a restaurant chain.

Usually, most global business franchises are stricter when it comes to approving franchisee applicants. So, when you think that you have these characteristics, what are you waiting for?

Cinnabon is the world’s most popular cinnamon bakery which makes this franchise business an ideal venture for entrepreneurs who want to tap the lucrative market of food industry.

Currently, the company has more than 400 US franchisees and approximately 350 abroad - a proof that this business is continuously expanding, growing, and reaching the foreign market.

For people who are considering to have a Cinnabon franchise, the total investment usually starts at $175,000 to $360,000. The exact amount of start-up capital will usually depend on the location, the scale of business, the cost of rent, the number of employees, and other factors that can affect the business.

The company also requires entrepreneurs to pay $30,000 franchise fee that will bind them to a 20 year term of agreement which can also be renewed. Also, franchisees have to pay 6 percent of their annual revenue to Cinnabon.

To become a qualified franchisee, a person should at least have a net worth of more than $300,000 and another $100,000 for cash liquidity.

In terms of business experience, the Cinnabon is quite lenient: it only requires franchisees to have at least a general experience in business and marketing skills to handle a restaurant chain.

To better equip its franchisees with business skills and methods, the company provides training at its headquarters which usually lasts for five days and another three days (or sometimes a week) at the location where the bakery chain will be put up.

Apart from all these training, Cinnabon provides an annual conference to teach franchisees about the latest business strategies, methods, and other helpful techniques that will make their business flourish despite the stiff competition in the food industry.

Meanwhile, the company also assures that people can get ongoing support such as toll-free phone line, regular meetings, newsletter, internet inquiry, assistance during the grand opening, security and safety procedures, among others.

To allow the business to flourish in a highly competitive market, Cinabbon also offers marketing support for investors. These include regional advertising using different media such as television, Internet, radio, newspaper, magazines, and brochures.

For those who want to have a franchise in this bakery but do not have a time to personally manage a business, Cinnabon allows absentee ownership. In fact, almost 10 percent of franchisees have this arrangement.

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Opening a Cinnabon Franchise

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