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Entrepreneur: Start & Grow Your Business

Cianci European Eatery

Crepes, sandwiches, salads, soups, smoothies, coffee

Background

Founded: 1998 Franchising since: 2005
331 Newman Springs Rd., Bldg. 1, 4th Fl., #143
Red Bank, New jersey 07701
Phone:
(732)784-2882


Franchisor is a privately-held company with 6 employee(s)

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2005 0 0 0 2

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, Nebraska, North carolina, New hampshire, New jersey, New mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South carolina, Tennessee, Texas, United states, Utah, Vermont, West virginia, Wyoming

Exclusive territories available.
Territory size: based on BPI, traffic and other factors

Costs and Fees

Total investment: $356K-533K
Franchise fee: $25K
Ongoing royalty fee: 5%
Term of agreement: 20 years, renewable


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

Third-party financing source(s): Diamond Financial

Qualifications
Net worth requirement: $450K
Cash liquidity requirement: $200K
Business Experience:
  • General business experience

Operations
  • Number of employees needed to run franchised unit: 15 - 15
  • Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 2 weeks
  • At franchisee's location: 1 week

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

Marketing Support
  • Co-op advertising
  • Ad slicks