Cinnaholic franchise
2024 filing · April 30, 2024GrowingShares sales figures
Cinnaholic at a glance
A bakery serving custom gourmet cinnamon rolls and other desserts. At the end of 2023 there were 81 Cinnaholic locations in the US, 80 franchised and 1 company-owned.
The business
- Franchisor
- Cinnaholic Franchising, LLC
- The company that sells the franchises
- Typical size
- 700–1,200 sq ft
What you pay
- Cost to open
- $241K–$527K
- Fee, build-out and opening working capital
- Franchise fee
- $40,000
- Paid once, when you sign
- Royalty
- 5%
- 5% of gross sales, paid weekly
- Brand fund
- 2%
- 2% of gross sales, paid with the royalty
- Renewal fee
- See terms
- 50% of the amount of the then-current initial franchise fee
- Agreement length
- 10 years
- Territory
- None
- No exclusive territory
- Franchisor financing
- None offered
Where it is
- US locations, 2023
- 81
- Franchised and company-owned
- Franchised
- 80
- Company-owned
- 1
- Change in 2 years
- +36
- Franchised locations, 2021–2023
From Cinnaholic Franchising, LLC’s 2024 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Cinnaholic among all franchises with the same figure.
| Figure | Cinnaholic | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $383,832 | Costs more than 53% of franchises |
| Franchise feePaid once, when you sign | $40,000 | Lower than 46% of franchises |
| RoyaltyShare of sales paid to the franchisor | 5% | Lower than 69% of brands with a set rate |
| US locationsFranchised and company-owned | 81 | More than 73% of franchises |
| Sales per locationYearly, as the brand reports it | $375,101 | Lower than 83% of brands that share sales figures |
| Sales against cost to openYearly sales over the cost midpoint | 1.0× | Lower than 78% of brands that share sales figures |
How much a Cinnaholic franchise costs
Opening one Cinnaholic costs an estimated $241,082 to $526,582. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are leased real estate and improvements ($75,000 to $220,000) and furnishings, fixtures, equipment and decorating ($75,000 to $150,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $40,000 | ||
| Rent | $5,000 | $10,000 | |
| Security Deposit | $3,000 | $10,000 | |
| Project Management Fee | $1,795 | ||
| Leased Real Estate and Improvements | $75,000 | $220,000 | |
| Travel and Living Expenses while Training | $3,000 | $10,000 | |
| Furnishings, Fixtures, Equipment and Decorating | $75,000 | $150,000 | |
| Signage | $3,000 | $7,500 | |
| Opening Inventory | $3,000 | $5,000 | |
| Computer Hardware/Software | $1,000 | $2,000 | |
| Grand Opening | $5,000 | $7,000 | |
| Professional Fees | $4,000 | $15,000 | |
| Insurance | $1,000 | $2,000 | |
| Miscellaneous Opening Costs | $5,000 | $15,000 | |
| Additional Funds – 3 months | $15,000 | $30,000 | |
| Total | $241,082 | $526,582 | |
Source: Cinnaholic Franchising, LLC, 2024 filing, page 17
Cinnaholic franchise fee
The franchise fee is $40,000. You pay it when you sign the franchise agreement.
Source: Cinnaholic Franchising, LLC, 2024 filing, page 11
Royalty and ongoing fees
| Royalty | 5% of gross sales, paid weekly. |
|---|---|
| Brand or marketing fund | 2% of gross sales, paid with the royalty. |
| Technology Fee | $250 per month |
| Renewal Fee | 50% of the amount of the then-current initial franchise fee |
| Local Advertising | A minimum of 2% of Gross Sales |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Cinnaholic Franchising, LLC, 2024 filing, page 13
Other fees as filed, from pages 13–15. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures Cinnaholic publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
- Average revenue
- $375,101
- Median revenue
- $350,797
Yearly figures for 2023, covering franchised units open all 12 months of 2023 (58 locations). The average is about 1 times the midpoint of the cost to open.
Sales are what a location takes in before rent, payroll, royalties and other costs, not what its owner keeps.
Source: Cinnaholic Franchising, LLC, 2024 filing, pages 50–51
SBA loans to Cinnaholic franchisees
Lenders approved 57 SBA 7(a) loans for Cinnaholic franchisees from 2017 to 2026, $15.6M in all. Of the 17 that have ended, 16 were paid in full and 1 was charged off. The other 40 haven’t ended yet.
A charged-off loan is one written off as uncollectible. See SBA franchise loans for how 7(a) and 504 loans work.
Source: SBA 7(a) and 504 loan data, as of September 30, 2026
How Cinnaholic compares
Of the 112 bakery franchises on this site, Cinnaholic is the 36th cheapest to open and the 30th largest by number of locations.
| Figure | Cinnaholic | Typical bakery brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $241K | $341K | $222K |
| Cost to open, high end | $527K | $720K | $477K |
| Franchise fee | $40K | $40K | $40K |
| Royalty | 5% | 6% | 6% |
| Brand fund | 2% | 2% | 2% |
| Sales per location | $375K | $792K | $794K |
| US locations | 81 | 16 | 21 |
| Closed or left per year | 10% | 3.9% | – |
| Change in franchised locations, 2 yrs | +81.8% | +4.3% | – |
| Shares earnings figures | Yes | 74 of 112 | 2,147 of 3,352 |
Typical is the median across the 112 brands in bakery franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2020 | 44 (+15) | 0 | – | – |
| 2021 | 51 (+7) | 1 | +9 | −2 |
| 2022 | 65 (+14) | 2 | – | – |
| 2023 | 80 (+15) | 1 | +25 | −10 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Over 4 years, from the start of 2020 to the end of 2023, franchised locations went from 29 to 80 (+51, +176%). The earlier years come from the brand's 2023 filing.
Source: Cinnaholic Franchising, LLC, 2024 filing, page 54
2020: Cinnaholic Franchising, LLC, 2023 filing, page 54
Who owns Cinnaholic?
Cinnaholic franchises are sold by Cinnaholic Franchising, LLC. Its filing names no parent company.
From Cinnaholic Franchising, LLC’s 2024 filing, page 6.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | Yes. The filing describes past or pending cases involving the franchisor, its affiliates or its executives on pages 9–11. |
|---|---|
| Bankruptcy | No bankruptcy of the franchisor. It discloses that one or more of its executives led or worked at another company that went through bankruptcy. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Cinnaholic Franchising, LLC, 2024 filing, litigation on pages 9–11, bankruptcy on page 11
Cinnaholic filings
A franchisor files a new disclosure each year it sells franchises. The figures on this page come from Cinnaholic Franchising, LLC’s 2024 filing, issued April 30, 2024; the earlier ones below are on record with the Minnesota Department of Commerce and the NASAA Electronic Filing Depository and fill in older location counts.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2024 filing | April 30, 2024 | Minnesota | Costs, fees and locations, 2021–2023 |
| 2023 filing | – | NASAA depository | Locations, 2020 |
Each link opens the filing as a PDF. See the newest filings across all brands.
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