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Michel's Baguette

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Michel's Baguette
16251 Dallas Pkwy.
Addison, TX 75001
800#:
Tel: (972) 687-4091
Fax: (972) 687-4062
E-Mail: [email protected]
Web Site: www.mmmuffins.com
Contact: Ms. Irene La Cota, Chief Executive Officer


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


Established: 1980
First Franchise: 1984
Franchise Units: 13
Company-Owned Units: 5
Total Units: 18

Distribution:
U.S. -- 0; Canada -- 15; International -- 0
�North America -- Operations in 3 Provinces
�States/Provinces with Greatest Density: 13 in ON, 3 in AB, 1 in BC

Projected New Units Over Next 12 months:10
Franchisee Qualifications:5, 4, 3, 3, 4, 5
(Click here for an explanation)

Registered in Following Registration States: AB
Average Number of Employees: 10 FT, 8-12 PT (FT = Full Time, PT = Part Time)
Space Needs: 4,000 SF; SF, SC, RM (Click here for abbreviations)
Encourage Conversion: Yes


Financial Requirements

Cash Investment: $300K+
Total Investment: $750-800K
Average Total Investment: $775.0K
Minimum Net Worth: $500K

Fees
�Franchise: $40K;
�Average Franchise Fee: $40.0K
�Royalty: 6%
�Average Royalty: 6.0%
�Advertising: 0.5%

Provide Earning Claim Statement: No


Terms of Contract

Term of Contract (Years): 10/10
Passive Ownership: Not Allowed
Area Development Agreements: Yes (Int'l.)
Sub-Franchising Contracts: Yes
Expand In Territory: Yes


Franchisor Support and Training Provided

Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: No
Cooperative Advertising: Yes
Franchisee Association / Member: No
Size Of Corporate Staff: 35
On-Going Support: A,B,C,D,E,F,G,h (Click here for an explanation)
Training: 3 Months Toronto, ON or Dallas, TX.


Franchisor's Specific Expansion Plans

U.S.: N/A
Canada: All Canada
Overseas: Middle East, Europe, South America

Note: NR = No Response by Franchisor.
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