J.J Bakery
Date Incorporation: 1996
Franchising Since: 2003
Headquarters: California
Description: The franchisee will bake and sell freshly baked J. J. Bakery products, including specialized buns, pastries, cookies, muffins, croissants, cakes, breads and desserts, as well as sandwiches, salads, beverages and other items.
Franchise Offer: The J. J. Bakery franchise authorizes the franchisee to operate a retail bakery business under the name "J. J. Bakery" and sell freshly baked J. J. Bakery products. Sites for J. J. Bakery include shopping plazas, regional malls, power centers, downtown business districts, and office buildings. The size of a J. J. Bakery ranges from 1,000 to 2,000 square feet.
Financial Assistance: J. J. Gourmet does not offer direct or indirect financing.
Training and Assistance: The initial training will consist of an initial consultation, management, food preparation and food training. The estimated time for the training is 4-6 weeks for the initial consultation, 5 days for the management and food preparation training and 2 days for the shop training.
During the operation of the franchised business, J. J. Gourmet will make available to the franchisee all improvements and additions to the franchise system, will counsel and assist the franchisee on a continuing basis with respect to the management and operation of the J. J. Bakery shop and will also make available and sell to the franchisee advertising materials promoting J. J. Bakery franchise and its products and services.
Territory: The franchisee will receive an exclusive territory within a five-mile radius of their shop. The franchisee will operate from one location only.
Term of Agreement and Renewal: The term of the franchise agreement is 5 years and can be renewed for another 5 years if all the renewal conditions are met.
Obligations and Restrictions: A manager who has successfully completed J. J. Gourmet's training program must directly supervise the J. J. Bakery franchised shop. The franchisee must devote his or her full time and effort to the active management and operation of the shop. The franchisee is to maintain an inventory of J. J. Bakery products that is adequate, to fulfill the public demand in the market for these products.
Total Number of Units: 6 units by year end 2007
Investment Tables:
Initial Investment:
| Expenditures | Low | High |
|---|---|---|
| Franchise Fee | $8,000 | $8,000 |
| Security deposit | $30,000 | $30,000 |
| Travel and living expenses while training | $100 | $1,000 |
| Real estate and improvements | $100,000 | $100,000 |
| Equipment | $100,000 | $100,000 |
| Miscellaneous and opening costs | $10,000 | $15,000 |
| Opening inventory | $10,000 | $10,000 |
| Royalties (3 months) | $2,400 | $2,400 |
| Advertising fees (3 months) | $3,000 | $3,000 |
| Additional working capital | $40,000 | $40,000 |
| Insurance | $1,500 | $2,500 |
| Total | $297,000 | $303,900 |
Ongoing fees:
| Name of Fee | Amount |
|---|---|
| Royalty Fee | $800 |
| Advertising | $1,000 |
| Additional training | $500 per day per person |
| Renewal | $1,000 |
Date of FDD: March 12 2008
The above information has been taken from the UFOC/FDD of J.J. Bakery
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