COBS BREAD

COBS BREAD

August 12, 2008 09:00 ET

COBS BREAD: New Program Makes Business Ownership a Reality

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 12, 2008) - Leading bakery retailer COBS BREAD launches an innovative recruitment program offering training and funding assistance to young hopefuls keen to run their own business.

The 'Manage to Own Program' is designed to attract a younger market of potential franchisees - possessed with drive and ambition but not necessarily capital to open their own business.

The program has been launched to accommodate the rapid expansion of COBS BREAD the Canadian arm of Bakers Delight, the world's most successful bakery franchise with over 28 years experience and 700 bakeries across three countries.

COBS BREAD plans to expand its portfolio of bakeries by 25 per cent in the next 12 months adding to their 55 strong bakery network. With the launch of the new Manager to Own Program young hopefuls now have the opportunity to take over existing or new bakeries across Canada.

Chris Gurney, President of COBS BREAD, is keen to offer this unique opportunity to energetic individuals who have the motivation to drive a successful business.

"Our goal is to make business ownership a real possibility for ambitious young Canadians. Under this program, where no previous baking or retail experience is required, a young individual could be leasing their own business within a year and potentially move on to become a bakery owner within 1-2 years," Gurney said.

"By helping to fund these applicants into their own business, the COBS BREAD Manage to Own Program makes franchising a viable first career option for young Canadians.

"We have trialled the program and our first candidate, Kevin Ker, is set to take ownership after leasing our Lakshore location for the past 21 months."

For Joe Mahlberg, COBS BREAD Scott 72 location, the program is the business lifeline he was searching for. He had always dreamed of owning his own business, but was unsure how to make this happen or what line of work he wanted to get into.

"COBS has given me the opportunity to fulfil my dreams of owning and operating my own business. Through this leasing program, they have made it possible for the right people to make their dreams a reality," said Joe.

"There's risk, as is with any business venture, but the most important thing is that all the tools you need to succeed are available and it's up to you whether you make them work for you.

"Since I began the Manage to Own Program I have learnt everything from baking fresh bread, to customer service and of course business management.

"COBS has provided me with a career that a little over a year ago seemed unobtainable, I am now fully geared to manage my own business and satisfied in the knowledge that I love coming to work each and every day!"

Further information on the 'Manage to Own Program' is available on the COBS BREAD web site at www.cobsbread.com/careers or by calling the Manage to Own information line 1.866.383.2627.

For more information and/or interviews with Chris Gurney President COBS BREAD please contact Debbie Roque at the number below.

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