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Breadsmith
European-style breads and sweets

About
Founded

1993

Franchising Since

1993 (25 Years)

Corporate Address

409 E. Silver Spring Dr.
Whitefish Bay, WI 53217

CEO

Tim Malouf

Financial Requirements
Initial Investment

$354,250 - $399,900

Net-worth Requirement

$300,000

Liquid Cash Requirement

$150,000

Ongoing Fees
Initial Franchise Fee

$30,000 - $30,000

Ongoing Royalty Fee

7-5%

Financing Options

Breadsmith has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Veteran Incentives

10% off franchise fee

Support Options
Ongoing Support

Purchasing Co-ops

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Franchisee Intranet Platform

Marketing Support

Ad Templates

Social media

SEO

Website development

Email marketing

On-The-Job Training:

219.5 hours

Classroom Training:

51 hours

Number of Employees Required to Run:

20

Bio
While studying in Norway, college student Dan Sterling got his first taste of European bread. Sterling returned to the United States and graduated from Harvard Business School before starting his own company. But he never lost his love of bread, and after volunteering to help a local bakery with its accounting, he decided to launch a bakery of his own. He opened the first Breadsmith location in 1993, and the company began franchising in 1994.
Cost
Initial Investment: Low - $354,250 High - $399,900
Units
-3.1%-1 UNITS (1 Year) -3.1%-1 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S.
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: October 2nd, 2017