- 2024 Franchise 500 Rank
-
#49 Ranked #49 last year
- Initial investment
-
$255K - $674K
- Units as of 2024
-
1,984 12.3% over 3 years
Company Overview
About Cinnabon
Industry | Food |
---|---|
Related Categories | Miscellaneous Baked Goods, Baked Goods, Cinnamon Rolls, Breakfast/Brunch Restaurants |
Founded | 1985 |
Parent Company | GoTo Foods |
Leadership | Tracey Young, Chief Brand Officer |
Corporate Address |
5620 Glenridge Dr. N.E. Atlanta, GA 30342 |
Social | Facebook, Twitter, LinkedIn, Instagram, TikTok |
Business Overview
Franchising Since | 1986 (38 years) |
---|---|
# of employees at HQ | 119 |
Where seeking |
This company is offering new franchises throughout the US. This company is offering new franchises in the following international regions: Africa, Asia, Australia/New Zealand, Middle East, Europe (Eastern), Europe (Western), Central America, Canada, South America, Mexico |
# of Units | 1,984 (as of 2024) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Cinnabon franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$30,500 |
---|---|
Initial Investment
|
$254,750 - $674,400 |
Net Worth Requirement
|
$300,000 |
Cash Requirement
|
$120,000 |
Veteran Incentives
|
$10,500 off full-bakery franchise fee ($30,500) |
Royalty Fee
|
6% |
Ad Royalty Fee
|
2.5% |
Term of Agreement
|
5-20 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | Cinnabon has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 50 hours |
---|---|
Classroom Training | 25 hours |
Ongoing Support |
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Ad Templates
National Media
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where Cinnabon landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Cinnabon ranked on other franchise lists? Find out below.
Ranked #1 in Miscellaneous Baked Goods in 2024
Best of the Best
Ranked #49 in 2024
Franchise 500
Ranked #9 in 2023
Top Home-Based & Mobile Franchises
Ranked #22 in 2024
Top Global Franchises
Ranked #1 in Miscellaneous Baked Goods in 2022
Top Food Franchises
Ranked #3 in 2024
Top Franchises for Less Than $100,000
Ranked #32 in 2024
Top Brands for Multi-Unit Owners
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