Cinnzeo

Founded: 1987 Franchising since: 1998
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.

2140 Pagasus Rd. N.E. Calgary, Alberta T2E 8G8

Phone: (403)255-4556

Franchisor is a privately-held company with 12 employee(s); 3 employee(s) in franchise department.

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Exclusive territories available.

Special Programs
Cinnzeo supports the Alberta ChildrenÂ’s Hospital Foundation.

Total investment: $214K-621K Franchise fee: $15K

Ongoing royalty fee: 7% Term of agreement: 10 years, renewable

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: $500K
Cash liquidity requirement: $200K
Business Experience:

• Industry experience
• General business experience
• Marketing skills

Operations

• Number of employees needed to run franchised unit: 2 - 6
• Absentee ownership of franchise is allowed.

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