Cinnaholic Franchise Cost & Profit Opportunity Review

March 27, 2019


If you’re going to franchise a business, you better make sure that you go about it the right way. So, what is the right way exactly? First, you need to make sure that you research. And then research some more. And when you finally feel like you know enough about the company – research again.

 

The industry that you choose is also important. Make sure that it’s one that you feel passionate about and comfortable with. The food industry is easily one of the fastest growing industries around right now. And that’s why, today, we are talking about the Cinnaholic franchise opportunity.

 

So, what is Cinnaholic and what does this opportunity mean for you? In short, this establishment serves custom and delicious cinnamon rolls that are designed just the way the customer likes it.

 

As a franchise owner for this company, there are certainly a few perks and benefits that you receive. Along with the fact of knowing that you have an endless amount of cinnamon rolls. Just don’t eat all of your profit.

 

Besides that, there are a few more factors to consider with this franchise business. Some of it may sway you either way. But will the positives outweigh the negatives? Or will it be a big pass from you?

 

And while you may be thinking that there is already enough cinnamon buns in this world. Wait. You’re not really thinking that, are you? Because there will never be enough of this deliciousness in the world. So how about we check out what this company is about to see if you fit the requirements.

 

Let’s dive in deep on these franchise details for Cinnaholic to find out if it’s worth your time and money.

The Cinnaholic Adventure

It all began back in 2009 when couple Florian and Shannon Radke developed an exciting and new experience for ways to enjoy the cinnamon roll.


With this unique experience, customers would get the chance to choose from a variety of different frosting flavors. Thus, giving them the opportunity to create their very own custom and gourmet cinnamon roll. It doesn’t get much better than that.

 

This concept soon went viral in 2014 after the married couple pitched this brilliant idea for the hit show, ‘Shark Tank’. The rest was history. Even though it’s safe to say that when they opened their first storefront in 2010 that it was a huge success from the start.

 

Imagine going to an establishment and being able to design and choose your own cinnamon bun. With any flavor frosting that you desire. You can change it up with every visit to match your cravings. Or stick with your favorite. No judgment here.

 

With this kind of company, it’s easy to see why it’s been so successful. People love making their own decisions when it comes to their food and drinks. Give them something that is tasty and custom-made and they will be flocking into your business.

 

It is the perfect opportunity for a great franchise business. Or is it? You’ll have to keep reading to find out the details to see if it truly is a remarkable franchise opportunity.

Details on the Franchise Opportunity

When you are looking into a franchise opportunity, one of the key points that you need to check out is the amount of growth (or lack thereof) that the company has experienced over the years. Sometimes it’s a huge amount of growth. While other times, the company seems to be falling faster than a school girl in love.

 

When it comes to Cinnaholic, luckily they are one of the many that have experienced a decent amount of growth since opening the franchise opportunity in 2014.

 

In fact, just four years later by the end of 2018, they had a total of 20 franchise outlets operating for the company. The Cinnaholic franchise has shown a steady increase in growth; which is a great sign that this opportunity is popular and successful.

 

I think one of the many reasons as to why this franchise opportunity is so well-loved is that the company treats everyone like family. Everyone supports one another and encourages each other to become better each and every day. That’s not something that you can normally find in any type of business. But with Cinnaholic, you can be sure that they truly care about you and your business.

 

They even offer a generous amount of financial transparency to help you with your business. As a franchise owner for Cinnaholic, you will receive data on detailed expenses, historical data from previous years, the sales numbers from locations owned by affiliates, and information on specific individual locations.

 

With these extra details and the fact that you receive proper training, you are bound to have a more successful and efficient journey in your business. And I believe that is something that can truly be appreciated by anyone looking to start a new business.

Franchise Requirements and Cost

Owning any type of business is going to run you a pretty penny. So much, in fact, that you may begin to hyperventilate a little bit. But when it comes to franchising a business, there are even more fees and requirements that you have to worry about.

The initial franchise fee for Cinnaholic is actually pretty average for this industry. It’s a total of $35,000 when you sign up as a franchise owner for the company. And while the company itself does not offer finance options, they do partner with a third party so that you can receive financing if needed.

 

However, you also have to consider the entire investment cost. By the time everything is said and done, you can end up shelling out between $178,000 and $308,500 for this franchise business. And you must have a net worth of at least $400,000 to $1,000,000 before they will even consider your application.

 

But once you are accepted, the good news is that it should only take between 6-12 months to open your new Cinnaholic franchise business from the time you sign your agreement.

 

But remember, there are always a few more hidden fees involved when it comes to franchising a business. And although these fees aren’t exactly hidden, not everyone expects them to be required.

 

There are ongoing royalty and advertising fees that this company requires you to pay based on your gross sales. The 5% royalty fee and 2% advertising fee must be paid whenever they require it for the entire term of your agreement.

 

But honestly, these fees are pretty much average for the industry and not too costly. So if you’re feeling intrigued, by all means, take this opportunity and run with it.

Concluding the Review

You may be feeling either a little overwhelmed or filled with excitement right now. Heck, you’re probably feeling a mixture of both. And that’s totally normal. After all, you are considering a huge investment and life change right now. Especially if you are new to the whole entrepreneur game.

 

When it comes to the Cinnaholic franchise opportunity, I believe that it looks like a pretty great chance or a new business. The cost is decent and the perks are great. Especially when it comes to the amount of financial transparency that they are willing to provide.

 

This company actually cares about the people that franchise with them. And that’s not something you can say about every company out there. However, with Cinnaholic, you will be treated like family. And that’s pretty awesome if you ask me.

 

So, if you are considering the food industry for your new franchise business, I suggest giving Cinnaholic a try. Or at least find out some more information if you meet the requirements for this franchise.

 

They have a good thing going here, and it would be a shame to miss out on this amazing concept. Contact the company to have your questions answered and get started on the application for your new franchise business.

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