About us
The Symposium Café “niche” is
the fastest growing and most
sought after food service
segment in the world today.
The Symposium Café is a unique concept with some similarities to Panera Bread, Cosi restaurant, and has elements that you will find in a typical coffee house chain such as Starbucks. Our niche is one of the fastest growing segments currently in the United States.
Area Developer Attributes
The Symposium Café is looking
for experienced restaurant
operators who have the
experience, drive, ambition and
resources to develop multi unit
restaurants in an entire region.
You must have a
minimum five
years restaurant/retail
experience and a minimum of
$600,000 to $1,500,000 U.S.
liquid cash (depending on the
size of the region) to invest
into this opportunity.
Statistics on Current operations
The following are
some basic facts on financial
criteria for a typical cafe.
The Symposium Cafe ideal size is 3500 square feet, with 90 to 110 seats.
The ideal cafe also has
potential to build out large
patio areas with minimum of 500
square feet, has large windows
on all sides of the building,
and is an "end cap" or
freestanding building.
The ideal location would have
potential for all time
periods.... that is breakfast,
lunch, dinner, late night, and
weekends.
Demand generators we look for
are; being near a university
area, a shopping area, near
entertainment type retail such
as movie theaters, near hotels
to attract the tourist market,
some office or business area
near by, and a strong
residential surrounding area.
The Symposium Cafe is a
"convenient type" cafe for the
morning and lunch business
relying on walk by and drive by
traffic, but for evenings and
weekends we are a "destination
type" cafe with guests traveling
to come to our unique cafes in
the evening's and weekends.
Most of our cafes have line ups
in the late evenings from 9 pm
to 12 midnight. It is quite the
site to see.
Approximate costs for Initial
Cafe
In regards to costs will range between $375,000 to $500,000 (U.S. Dollars) to build out the cafe. Costs will fluctuate depending on region. Costs above this will include;
- A one-time fee of $75,000 (North America) to $150,000 (International) to our group to set up the first café (amount depends on geographical location), and ongoing royalty fees of 5% of sales.
-
Opening inventory of all of
your products approximately
$10,000.
-
First and last month rent
-
Possible utility deposits
with the local hydro and gas
companies.
5. Training costs for all your
staff for two weeks prior to
opening of the cafe. Also staff
hiring costs, which may include
an ad in the local newspaper.
6. Legal costs in setting up of
the legal structure of the cafe,
in lease preparation, etc.
7. Your bookkeeping costs in
setting up of the accounting
structure of the company.
8. Your travel and lodging costs to come to our training centers in Canada or the Durham, NC for 4 to 6 week training prior to opening your first café.
9. Marketing costs to promote
your store opening.
10. Marketing literature costs
including cost to print your
menus, posters, leaflets, etc.
11. Licenses and permits needed
for the opening of the cafe.
These costs can be broken down
in greater detail, but this
should give you a general idea
on what is involved.
Documents you will receive
(a) hard copies and
computer disks of all legal
document forms (e.g. license
agreements, franchise
agreements, commercial leases
and sub-leases) currently
existing and in the possession
and control of our group
regarding the development and
promotion of the Symposium Café.
(b)
architectural plans,
specifications, construction
schedule of values, for the
construction of a Symposium
Café.
(c)
accounting, financial and
management programs for the
operation and growth of a
Symposium Café restaurant and
corporate head office,
(exclusive of cash register
software programs owned by third
parties).
(d)
promotional materials for
marketing Symposium Café
restaurants including print
media and display advertising.
(e)
operational materials for
Symposium Café restaurant,
including but not limited to,
employee training manuals,
policy and procedure manuals,
employee schedule/staffing
programs, menus and recipes.
(f) all of
its marketing materials,
operating manuals, forms,
reports and legal agreements and
related documents in connection
with the Licensed Business.
(g) the
schematics, trade secrets,
marketing and promotional
information and other
information, which would be
material to a proper
understanding and operation of
the Licensed Business;
The Symposium Café obligations
to your group
1)
Training
We will provide up to six (6)
weeks of training and
instruction in the operation of
the Licensed Business at a
specified location in the United
States or Canada utilizing
several employees of our group
specializing in different
functions, with the majority of
the training to be done by
designated key individuals.
Your group may make available up
to two of its employees for such
training and instruction. Your
group shall pay all traveling,
living and other expenses
incurred by and compensation
payable to its employees in
connection with such training
and instruction.
2)
Onsite Support
We shall also provide up to 3 employee's for up to 3 months of onsite operating assistance and support at the Initial Café. We shall pay all traveling, living and other expenses incurred by and compensation payable to said employee's of our group in connection with said onsite support.
Please complete the attached
application form if you have a
further interest.
|
