The Baked Bear is a retail ice cream sandwich store specializing in custom cookie and brownie ice cream sandwiches and a variety of desserts. The franchise offers a range of frozen treats and beverages.
Key Insights
- The Baked Bear was created to bring much-needed innovation and professional standards to an industry that required modernization, focusing on developing scalable systems and processes that ensure consistent quality while adapting to local market conditions and customer preferences.
- Ordering systems integrate user-friendly technology with personalized customer service to create efficient, enjoyable dining experiences that accommodate busy schedules while providing opportunities for menu education and customization based on individual preferences and dietary needs.
- Economic factors support increased consumer spending on services that improve quality of life and provide convenience, creating growth opportunities for businesses that can deliver value while adapting to changing economic conditions and customer priorities.
Franchise Fee and Costs to Open
Exploring the financial picture of The Baked Bear gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $171,239 - $716,030, along with a franchise fee of $28,000 - $35,000.
Financial Performance and Revenue
Training and Resources
The Baked Bear provides comprehensive training for new franchisees. This initial training, lasting approximately two weeks, occurs at their headquarters. The franchisor offers a detailed operations manual and ongoing support resources. The Baked Bear also recommends engagement with their established network of franchisees. This program is designed to equip new owners with operational knowledge.
Legal Considerations
Legal considerations for a The Baked Bear franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
Operating a franchise like The Baked Bear presents considerations regarding local market saturation, requiring a distinct approach to attract customers amidst existing dessert options. The intricate assembly process for customizable treats demands consistent staff training and attention to detail to maintain product quality and service speed. Furthermore, ensuring a reliable and cost-effective supply of specialized ingredients, like premium ice cream and freshly baked cookies, is crucial for consistent operations.
Franchise Datasheet
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