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Theresa's Bakery
 

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Franchisor Background

Year Established:

  1999

Franchising Since:

  1999

IFA Member



Operating Units:

Franchised Units:10 83.3%  
Company-Owned Units:2 16.7%  
 ______ _____  
Total Operating Units:12 100%  
 

Geographic Distribution:

U.S.:12 100% In 3 States
Canada:0 0% In 0 Canadian Provinces
International:0 0% In 0 Foreign Countries
 ______ _____  
Total:12 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    

Registered in Following Registration States:

  

Financial Requirements

Investment:

Minimum Net Worth:$75
Cash Investment:$20
Total Investment:$80-100
Average Total Investment:$90K
 

Fees:

Initial Franchise Fee:$10,000
Average Franchise Fee:$10K
On-Going Royalty:25
Average Royalty:2%
Advertising Fee:2500

Average Number of Employees:

   2 Full-time, 2 Part-time

Space Needs (in square footage):

   N/A

Preferred Sites:

  

Other Sites:

  

Encourage Conversions?

   Not Applicable

Earnings Claims Provided?

   No

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:Yes
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff:2
Site Selection Assistance?Not Applicable
Lease Negotiation Assistance?Not Applicable
Financial Assistance?No
 

Marketing Support:

Co-Op Advertising:No
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:None Specified
Additional Services:None Specified
Other Marketing Support:None Specified
 

On-Going Support:

Central Data Processing:Not Applicable
Central Purchasing:Not Applicable
Field Operation Evaluation:Not Applicable
Field Training:Not Applicable
Initial Store Opening:Not Applicable
Inventory Control:Not Applicable
Franchisee Newsletter:Not Applicable
Regional or National Meetings:Not Applicable
800 Telephone Hotline:Not Applicable
 

Training:

1. SF, CAtwo weeks
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:2
General Business Experience:2
Specific Industry Experience:2
Formal Education:1
Psychological Profile:1
Personal Interview(s):1

Minority Representation

Units Owned by Minorities:

African-American:N/A
Asian-American:N/A
Hispanic:N/A
Native American:N/A
Other:N/A
Specific Minority:N/A

Terms of Contract

Term of Initial Contract:10 Year(s)
Term of Renewal Period:5 Year(s)
Passive Ownership:Allowed
Area Development Agreements?No
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?No

Expansion Plans

Projected New Units Over Next 12 months:

   5
U.S.:Yes, All States
Canada:No
Overseas:No
 
 
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