- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$408K - $487K
- Units as of 2023
-
30 11% over 3 years
Founded in 1993 and headquartered in Whitefish Bay, Wisconsin, Breadsmith focuses on creating hand-crafted European-style bread baked daily using high-quality ingredients without preservatives or additives. The bakery has production crew members, mixers, and bakers who make fresh bread each day. The bakery attempts to imitate European styles in all its franchises with Breadsmith flair and originality.
Breadsmith began franchising in the same year as its founding and has grown to more than 30 franchise units across the United States. Breadsmith has also emerged as a leading artisan bakery in the United States with a myriad of rewards on local and national levels to its credit.
Why You May Want to Start a Breadsmith Franchise
Starting your Breadsmith franchise may not be limited to only offering pastries and bread to consumers. You'll be able to enter into wholesale distribution agreements with specialty stores and local supermarkets. It is also probable that you will supply cafes and restaurants with freshly baked goods. Depending on the baking capacity and store location, you may be asked to service national or regional accounts. This way, you may be more likely to increase your business's growth strategy.
Due to its focus on time-tested recipes, natural ingredients, and expert baking, Breadmith franchises could receive accolades from review sites and food magazines. As a result of its organic ingredients and farm-to-table products, Breadsmith franchises may be popular in their areas.
The franchisor provides training to franchisees, assists in choosing a suitable location, and provides preventive maintenance inspections. Breadsmith also always tries to arrange for supplier prices on behalf of franchisees.
What Might Make a Breadsmith Franchise a Good Choice?
To be part of the Breadsmith team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include royalty and renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
Breadsmith has partnered with third-party financial lenders that may help cover the costs of the franchise fee, startup, equipment, inventory, accounts receivable, and payroll.
The ideal candidate for a Breadsmith franchisee is passionate about baking fresh European-style bread from scratch while actively serving their community. Franchisees interested in human interaction and charitable giving may find operating a Breadsmith franchise to be rewarding.
How To Open a Breadsmith Franchise
To begin the process of opening a Breadsmith franchise, you should first submit an inquiry form. One of the company's team members may contact you to discuss the business model further and determine whether you are a good fit.
Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. Speak to existing franchisees and ask the Breadsmith team questions. Suppose your net worth and available liquid capital match the brand's requirements. In that case, you may qualify to open a Breadsmith franchise, and you can get started with an initial investment and relevant training.
Get what you 'knead' and get started with your Breadsmith franchise.
Company Overview
About Breadsmith
Industry | Food |
---|---|
Related Categories | Miscellaneous Baked Goods, Baked Goods |
Founded | 1993 |
Parent Company | Breadsmith Franchising Inc. |
Leadership | Tim Malouf, President & CEO |
Corporate Address |
409 E. Silver Spring Dr. Whitefish Bay, WI 53217 |
Social | Facebook, Twitter, Instagram |
Business Overview
Franchising Since | 1993 (31 years) |
---|---|
# of employees at HQ | 9 |
Where seeking |
This company is offering new franchises in the following US states: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming |
# of Units | 30 (as of 2023) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Breadsmith franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$30,000 |
---|---|
Initial Investment
|
$408,250 - $487,250 |
Net Worth Requirement
|
$300,000 |
Cash Requirement
|
$150,000 |
Veteran Incentives
|
10% off franchise fee |
Royalty Fee
|
7%-5% |
Ad Royalty Fee
|
to 2% |
Term of Agreement
|
15 years |
Is franchise term renewable? | Yes |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 115.5 hours |
---|---|
Classroom Training | 26 hours |
Ongoing Support |
Purchasing Co-ops
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Site Selection
|
Marketing Support |
Ad Templates
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
# of employees required to run | 20 |
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where Breadsmith landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Breadsmith ranked on other franchise lists? Find out below.
Sign Up for Our Franchise Newsletter
Stay up to date on the latest news and trends affecting the franchise industry.
Related Franchises
Are you eager to see what else is out there? Browse franchises that are similar to Breadsmith.
Chem-Dry Carpet & Upholstery Cleaning
- description
- Carpet, upholstery, wood floor, and area rug cleaning, tile and stone care, granite countertop renewal
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
Are Franchises in the Clear After the Expanded Joint Employer Rule Was Struck Down? Industry Experts Answer 2 Critical Questions About What's Next.
Despite franchise industry successes in Congress and federal court, the expanded Joint Employer Rule is not completely dead. The IFA will outline its current status in a webinar on April 23.
'Fueled by a Hunger For New Challenges' — The 5 Types of Entrepreneurs You Want as Franchisees
Franchising is well known as a pathway to entrepreneurial success, offering individuals the opportunity to build their own business under the umbrella of an established brand.
I Built a $1 Million Business While Overcoming a Disability — Here's How I Did It
When facing struggles and setbacks, dream big, embrace your true self, and disregard any limits others impose on you. Ultimately, what truly counts is the effort you put into achieving your goals.
The Franchise Industry is on The Verge of Massive Change With Private Equity's Potential $8 Billion Acquisition of Jersey Mike's
Two iconic brands, Subway and Jersey Mike's, may sell to private equity after years of being closely held. Heavyweight PE firms are an increasing force within the franchising sector, marking a strategic shift and altering the industry landscape.
3 Ways to Get on The Road to Franchising — And How to Find the Right Business For You
Although franchising contributes significantly to the US economy, most US business schools lack dedicated franchising curriculums. These three sources will help you get started and find out which franchise is right for you.
Looking for a Spotless Investment Opportunity? Discover the Best Cleaning Franchises to Own in 2024.
From sparkling floors to polished windows, clean your way to success with the best cleaning franchises, according to the 2024 Franchise 500 Ranking.