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Le Croissant Shop

227 W. 40th St.
New York, NY 10018
800#:
Tel: (212) 719-5940
Fax: (212) 944-0269
E-Mail: [email protected]
Web Site: www.lecroissantshop.com
Contact: Mr. Arnaud Thieffry, Vice President


French bakery cafe - specialty croissants, bread, soups, french sandwiches and gourmet salads. Breakfast-Lunch-Dinner.


Franchisor Background

Established: 1981; First Franchise: 1984
Franchise Units: 12
Company-Owned Units: 3
Total Units: 15
Distribution: U.S. -- 15; Canada -- 0; International -- 13
> North America -- Operations in 3 States
> States/Provinces with Greatest Density: 12 in NY, 1 in PA, 1 in FL
Projected New Units Over Next 12 months: 2-3
Franchisee Qualifications: 4, 4, 3, 3, 3, 5 (for an explanation click here)
Registered in Following Registration States: FL,IL,MD,NY,VA
Average Number of Employees: 10 FT (FT = Full Time, PT = Part Time)
Space Needs: 500-2,000 SF; FS, SF, SC, RM (for abbreviations click here)

Financial Requirements

Cash Investment: $1/3 Invest.
Total Investment: $140-576K; Average Total Investment: $358K
Minimum Net Worth: $NR
Fees: Franchise: $22.5K; Average Franchise Fee: $22K
Royalty: 5%
Advertising: NR

Provide Earning Claim Statement: No

Terms of Contract

Term of Contract (Years): 10/5/5
Passive Ownership: Allowed
Encourage Conversions: No
Area Development Agreements: Yes/10
Sub-Franchising Contracts: No
Expand In Territory: Yes

Franchisor Support and Training Provided

Financial Assistance: No (D = Direct; I = Indirect; B = Both)
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Cooperative Advertising: N/A
Franchisee Assoc. / Member: No
Size Of Corporate Staff: 6
On-Going Support: C,D,E (for an explanation click here)
Training: 2 Weeks Headquarters in New York.

Franchisor's Specific Expansion Plans

U.S.: East Coast
Canada: No
Overseas: South America, India, Asia

Note: NR = No Response by Franchisor.

For a sample questionnaire click here.