Sofi's Crepes opens first franchise location in Annapolis
Date AddedJune 22, 2009 08:10:37 AM
Author
CategorySpecialty & Gourmet Foods
Sofi's Crepes, a hot spot next to the Charles Theater in Baltimore, has added a new location in Annapolis.
The creperie franchise opened its third store and first franchise on 1 Craig St. on Annapolis' docks. Sofi's Crepes opened a second location in September 2007, on the ground floor at the Women's Industrial Exchange at 333 N. Charles St. downtown. Stephanie Hans, owner of the Annapolis franchise, spent about $100,000 to open the 600-square-foot Annapolis location, including franchising fees and build-out.
Hans met Ann Costlow of Sofi's Crepes at the second location and worked with Costlow as a manager of that store with the intent of opening a franchise. After working with consultants at Chicago-based Francorp, Costlow became a legal franchisor in Maryland in February, and Hans was able to pursue a franchise.
The process of looking at spaces and build-out work took about two years, Costlow said, and cost about $150,000 to start a franchise between marketing and creating an operations manual.
Costlow said she also has received interest to open more locations locally and to expand in New England, but has not yet decided the site of the next location.
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