FranchiseVerdict
Belle Journée Bakery logo
FV-00275·CAUTIONExcellent81

Belle Journée Bakery

Food & Beverage - BakeryFranchising since 2025Website
Investment
$350K – $900K
64th pct Bakery
Avg revenue
70th pct Bakery
Royalty
6.0%
36th pct Bakery
Units
2
8th pct Bakery
SBA default

Bottom line

  • Total investment $350K – $900K including a $60K franchise fee, 6.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated CAUTION with a risk score of 72/100.
  • No Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.

Item 1 · who you're contracting with

The Franchisor

Legal entity
BELLE JOURNEE FRANCHISING INC.
Parent company
Belle Journee Inc.
Incorporated in
New Jersey
HQ
1040 Wilt Avenue, Ridgefield, New Jersey, 07657
Auditor
DA Advisory Group PLLC
Audited financials

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one Belle Journée Bakery unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: restaurant
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $350K–$900K
Working capital
$
FDD reports $30K–$100K

Unlevered ROIC · per unit

11%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$75K
EBITDA margin
10.0%
Total invested
$690K
Payback
110 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Overview

About

Belle Journée Bakery franchisees operate artisanal bakery retail locations, producing and selling fresh baked goods (breads, pastries, cakes) to walk-in customers and potentially wholesale accounts. Day-to-day operations include early-morning baking, customer service, inventory management, and food safety compliance.

CEO
Sangyun Shin
Founded
2024
FDD year
2025
States available
1

Item 7 · what it costs

The Vitals

Total investment
$350K – $900K
All-in to open one unit
Liquid capital
$30K – $100K
Cash you must have on hand
Franchise fee
$60K
Royalty
6.0%
6% of Net Sales · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
8.0%
vs 9–13% typical

Item 19

Financial Performance

This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.

Item 20 · unit dynamics

The Growth Chart

Total units
2
Opened
0
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
2
Corporate units in the system
% franchised
0%
vs corporate-owned
2023
0±0
Franchised units
2024
0
Franchised units
2025
0
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 17 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 17 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

No SBA loan data available for this brand.

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

72
Risk · 0-100
CAUTION72 / 100

Extreme caution warranted: a 2-unit micro-franchise with no financial disclosure, false going concern status, and opaque profitability metrics represents material capital risk.

Score breakdown · what drove the 72 / 100 rating

  1. 01MEDOnly 2 units in system indicates minimal scale, limited growth track record, and weak franchisor support infrastructure
  2. 02MEDNo Item 19 financial disclosure (Avg Revenue and Net Income not disclosed) prevents validation of $349,500–$900,000 investment ROI
  3. 03HIGHGoing Concern = False signals potential franchisor financial distress or operational instability
  4. 04MINORWide investment range ($550,500 spread) suggests unpredictable costs and unclear unit economics
  5. 05MED6% royalty on undisclosed revenue base makes actual fee burden impossible to assess
  6. 06MINOR10-year term is lengthy commitment with no visibility into franchisor viability or unit profitability

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Radius or Population
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
New Jersey

Item 11

Training & Operations

Classroom training
71 hrs
On-the-job training
73 hrs
POS system
Android cloud system
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

18 numbers

Locked
(804) 371-••••
VA
(212) 416-••••
NY
(608) 266-••••
WI

One-time purchase · CSV download · Validation questions included

FDD download

Belle Journée Bakery · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above