Breadsmith

Breadsmith

Not Ranked

Initial Investment

LOW: $354,250
HIGH: $399,900

Change in Units

+3.0% +1 UNITS (1 Year)
+3.0% +1 UNITS (3 Years)

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Company Profile

Founded

1993

Franchising Since

1993 (23 Years)

Corporate Address

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

CEO

Tim Malouf

About Breadsmith

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.

Financials

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

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

Franchise 500® Rank History

  • 2012 - 490

* Not all years were ranked

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S.

Operations & Franchisor Support

Training Onsite: 2 weeks

Training at headquarters: 3 weeks

Ongoing Support
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks

Number of employees required to run: 20

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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: September 14th, 2015

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Previous Years Rankings

2016 2015 2014 2013 2012