Cobs Bread opened its 100th Canadian bakery in Chestermere, Alberta, at the end of November. Since the bakery franchise’s first opening in North Vancouver, B.C., in 2003, Cobs Bread has opened bakeries throughout B.C., Alberta, Saskatchewan and Ontario.
Bakery numbers 101 and 102 will follow shortly and open before the end of 2017 in Grande Prairie and Ottawa, respectively. Cobs Bread will also be expanding into Manitoba in early 2018, opening in Winnipeg at St. Vital Square with a local franchisee.
Cobs Bread is part of Bakers Delight Holdings Ltd, established in 1980 and operating as Bakers Delight in Australia and New Zealand and Cobs Bread in Canada and the United States. Together they have grown to become the world’s most successful bakery franchise with more than 700 bakery locations worldwide, with plans to grow to 250 locations in Canada in the next five years.
The investment required to open a Cobs Bread franchise is between $400,000 and $750,000. There is an initial franchise fee of $25,000. There is also a 7 per cent royalty fee and a 3 per cent advertising fee.
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