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Home >> Fast Food Restaurants >> Soups and Salad Shops
| Michel's Baguette (Canada) 16251 Dallas Pkwy. Addison, TX 75001 |
Submit an online form to receive information from Michel's Baguette (Canada).
|
Business Description
European bakery/caf�, featuring authentic European breads, rolls, and pastries. In addition, we offer gourmet soups, salads, sandwiches, and hot entrees. We also serve a variety of beverages including espresso, gourmet coffee, teas and fruit juices. In addition to our full store, we have a "grab 'n' go" version as well.
Franchisor Background
Year Established: 1980
Franchising Since: 1984
North America:
States/Provinces with the largest number of operating units:
Registered in Following Registration States: Alberta
Financial Requirements
Average Number of Employees: 10 Full-time, 8-12 Part-time
Space Needs (in square footage): 4,000
Preferred Sites: Storefront, Strip Center, Regional Mall
Other Sites:
Encourage Conversions? Yes
Earnings Claims Provided?: No
European bakery/caf�, featuring authentic European breads, rolls, and pastries. In addition, we offer gourmet soups, salads, sandwiches, and hot entrees. We also serve a variety of beverages including espresso, gourmet coffee, teas and fruit juices. In addition to our full store, we have a "grab 'n' go" version as well.
Franchisor Background
Year Established: 1980
Franchising Since: 1984
| Operating Units: | |||||||||||||||||||||||||||||||
Franchised Units: | 13 | 72.2% | | ||||||||||||||||||||||||||||
| Company-Owned Units: | 5 | 27.8% | |||||||||||||||||||||||||||||
Total Operating Units: | 18 | 100.0% | |||||||||||||||||||||||||||||
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States/Provinces with the largest number of operating units:
| Density | Units |
| 1. Alberta | 3 |
| 2. British Columbia | 1 |
| 3. Ontario | 13 |
Registered in Following Registration States: Alberta
Financial Requirements
| Investment: | |
| Minimum Net Worth: | $500K |
| Cash Investment: | $300K+ |
| Total Investment: | $750-800K |
| Average Total Investment: | $775K |
| Fees: | |
| Initial Franchise Fee: | $40K |
| Average Franchise Fee: | $40K |
| On-Going Royalty: | 6% |
| Average Royalty: | 6% |
| Advertising Fee: | 0.5% |
Space Needs (in square footage): 4,000
Preferred Sites: Storefront, Strip Center, Regional Mall
Other Sites:
Encourage Conversions? Yes
Earnings Claims Provided?: No
| Franchisee Qualifications | |||||||||
Ranked from 1 (unimportant) to 5 (important): | |||||||||
| Financial Net Worth: | 5 | ||||||||
| General Business Experience: | 4 | ||||||||
| Specific Industry Experience: | 3 | ||||||||
| Formal Education: | 3 | ||||||||
| Psychological Profile: | 4 | ||||||||
| Personal Interview(s): | 5 | ||||||||
| Terms of Contract | |||||||||
| Term of Initial Contract: | 10 Year(s) | ||||||||
| Term of Renewal Period: | 10 Year(s) | ||||||||
| Passive Ownership: | Not Allowed | ||||||||
| Area Development Agreements? | Yes, for 1 Year(s) | ||||||||
| Sub-Franchising Contracts? | Yes | ||||||||
| Franchisees Allowed to Expand Within Territory? | Yes | ||||||||
| Support and Training | |||||||||
| International Franchise Association: | No | ||||||||
| Canadian Franchise Association: | No | ||||||||
| Franchisee Association/Member: | No | ||||||||
| Size of Corporate Staff: | 35 | ||||||||
| Site Selection Assistance? | Yes | ||||||||
| Lease Negotiation Assistance? | Yes | ||||||||
| 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: | Included in Fees | ||||||||
| Central Purchasing: | Included in Fees | ||||||||
| Field Operation Evaluation: | Included in Fees | ||||||||
| Field Training: | Included in Fees | ||||||||
| Initial Store Opening: | Included in Fees | ||||||||
| Inventory Control: | Included in Fees | ||||||||
| Franchisee Newsletter: | Included in Fees | ||||||||
| Regional or National Meetings: | At Additional Cost | ||||||||
| 800 Telephone Hotline: | Not Applicable | ||||||||
| Training: | |||||||||
| 1. Toronto, ON or Dallas, TX | 3 Months | ||||||||
| Expansion Plans | |||||||||
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Submit an online form to receive information from Michel's Baguette (Canada).
|
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