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2021 Franchise 500 Rank
#333 Ranked #333 last year
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Initial investment
$380K - $455K
Units as of 2020
34 9.7% over 3 years

Company Overview

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.

About Breadsmith

Industry
Food
Founded
1993
Leadership
Tim Malouf, President & CEO

Franchising Overview

Franchising Since
1993 (28 years)
# of employees at HQ
8
Where seeking

This company is seeking new franchisees throughout the US.

# of Units
34 (as of 2020)

Franchisor Information

Social
Facebook, Twitter
Corporate Address
409 E. Silver Spring Dr.
Whitefish Bay, WI 53217

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
$380,250 - $454,750
Net Worth Requirement
$300,000
Cash Requirement
$150,000
Veteran Incentives
10% off franchise fee
Royalty Fee
7-5%
Term of Agreement
15 years
Is franchise term renewable?
Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

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

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
Marketing Planning & Support
Social Media
SEO
Website Development
Email Marketing

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

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021