Cinnzeo
At a Glance
Products & Services: Cinnamon rolls
Number of Locations:
Total Investment: $214K - 621K
Founded: 1987
Began Franchising: 1998
Private Owned
About Cinnzeo
The founders of Cinnzeo got their start as franchisees for another cinnamon roll company in 1987. In the next 10 years, they opened 20 stores in Western Canada, but grew unhappy with the direction the company was aking. In 1997, the franchisees decided not to renew their contract and instead opened their own company. By 2000 Cinnzeo, now led by president Brian R. Latham, had grown from those original 20 stores to 64, expanding into the Philippines and parts of Southeast Asia.Startup Costs, Ongoing Fees and Financing
Total Investment: $214,000 - $621,000
Franchise Fee: $15,000
Ongoing Royalty Fee: 7%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $15,000
Ongoing Royalty Fee: 7%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $500,000
Liquid Cash Available: $200,000
Operations
Number of employees needed to run franchised unit: 2 - 6. Absentee ownership of franchise is allowed..How This Franchise Supports Franchisees
Training: Available at headquarters: 3 weeks. At franchisee's location: 2 weeks.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations,
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