Cereality Franchising Corp.

Cereal restaurant

Background

Founded: 2001 Franchising since: 2006
Address:
9311 E. Via de Ventura
Scottsdale, Arizona 85258
Phone:
(480)362-4800


Franchisor is a privately-held company with 15 employee(s); 4 employee(s) in franchise department.

Franchise Units
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2007 0 0 0 0
2006 0 0 0 3

Where Seeking Franchisees
Nationwide

Exclusive territories available.
Territory size: 5-20 units over 5-10 year period

Costs and Fees

Total investment: $212,000 - $375,000
Franchise fee: $25,000
Ongoing royalty fee: 6%
Term of agreement: 15 years, renewable


Express/kiosk option available

Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $1,000,000
Cash liquidity requirement: $500,000
Business Experience:
  • Industry experience
  • General business experience
  • Marketing skills
  • Customer service experience & owner-operated orientation

Operations
  • 100% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 12 - 20
  • Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 3 weeks
  • At franchisee's location: 3 days
  • At franchise locations : Varies

Ongoing Support
  • Grand opening
  • Security/safety procedures
  • Field operations/evaluations

Marketing Support
  • Ad slicks

Other marketing support
  • PR

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