COBS Bread

Franchise Information

Analyzed filing: NY · File #202422

FDD issued: Oct 24, 2024

FDD Issued: Oct 24, 2024

Extracted: May 1, 2026

Analyzed

Franchisor Details

Name: COBS USA INC.

Parent: Bakers Delight Holdings Ltd.

Address: Suite 210, 1100 Melville Street, Vancouver, British Columbia, Canada, V6E 4A6

Phone: (604) 296-3500

Website: www.cobsbread.com

Franchising Since: 2014

Industry & Qualifications

Industry

Food & Beverage

Franchise Fee

$25,000

Royalty

7.0%

Ad Fund: 3.0%

Total Investment

$927K - $1.27M

Initial Term

10 years

Renewable

Outlet Information

Total Outlets

179

Franchised

171

Company-Owned

Opened (Last Year)

+16

Closed (Last Year)

-4

Churn Breakdown (Last Year)

Terminations

Non-Renewals

Ceased Ops

Transfers

Reacquired

Exclusive Territory

Yes

Franchisee operates within a specified Territory; franchisor may have right to c...

Item 19 (Financial Performance)

Disclosed

Data from Canadian franchisee-owned outlets for fiscal year ending June 30, 2024...

Financial Performance (Item 19)

Avg Unit Volume

$1,245,917

Median

$1,340,793

Top 25% Avg

$1,657,269

Bottom 25% Avg

$917,239

Highest

$2,067,576

Lowest

$673,809

Sample Size

171 units

Unit Economics

EBITDA

15.5%

Gross Margin

74.2%

Labor Cost

36.3%

COGS

25.8%

Rent/Occupancy

5.7%

Legal History

Litigation: None

Bankruptcy: None

Number	File name	Source State	Filing Date	Actions
202422	462940_Franchise__COBS_Bread_EFDID__462940_New York_202422.pdf Canonical 2024 analysis · newest filing	NY	Oct 24, 2024 FDD issue date	Restricted
122738	462940_Franchise__COBS_Bread_EFDID__462940_New York_122738.pdf Canonical 2023 analysis	NY	Oct 24, 2023 FDD issue date	Restricted
48087	462940_Franchise__COBS_Bread_EFDID__462940_New York_48087.pdf Canonical 2022 analysis	NY	Oct 12, 2022 FDD issue date	Restricted

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