FAQs
Common questions about becoming a COBS Bread franchisee
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What is the cost of a franchise?
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The average outlay to establish a new COBS Bread bakery is approximately $500,000. The price of existing bakeries is determined by their profitability and range between an average of $300,000 to $750,000.
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Do I need to be a baker?
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No, our fully accredited training program covers all aspects of the business including baking. Successful franchisees come from many different backgrounds.
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What qualities do I need?
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A franchisee needs to display the following qualities:
- Team player
- Hard worker
- Possess a desire to achieve
- Willing to follow the COBS Bread system
- Good communication skills
- Self-discipline and tenacity
- Superior organisational skills
- Willingness to learn
- Show integrity
- People management
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What is the term of the agreement and initial fees?
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The franchise agreement is for up to a 10 year period. Initial fees equate to $25,000 (that is, $2,500 per year for ten years).
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What is the royalty payment and marketing levy?
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Presently, COBS Bread has a franchise royalty of 7.0% of weekly sales and an advertising and training contribution of 3.0%.
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Will COBS Bread assist with financing?
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We expect all applicants to discuss financing with their financial planner or financial institution.
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Am I able to choose my own location?
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There are many existing as well as potential new opportunities available, and it is our desire to match each applicant with the most appropriate location.