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Updated RecentlyGreat Harvest vs Nothing Bundt Cakes Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Great Harvest vs Nothing Bundt Cakes including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $69,613 - $704,873 | $431,587 - $600,387 |
| Franchise Fee | $35,000 | $35,000 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 2.5% | 4% |
| Year Founded | 1976 | 1997 |
| Year Franchised | 1978 | 2006 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | -/Yes |
| Start-up Costs | No/Yes | -/Yes |
| Equipment | No/Yes | -/Yes |
| Inventory | No/No | -/Yes |
| Receivables | No/No | -/Yes |
| Payroll | No/No | -/Yes |
Training & Support |
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| Training | On-The-Job Training: 120 hours Classroom Training: 120 hours Additional Training: When necessary | On-The-Job Training: 4 weeks Classroom Training: 4 weeks |
| Support | Meetings/Conventions Toll-Free Line Grand Opening Field Operations Site Selection Franchisee Intranet Platform | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| Marketing | Ad Templates Regional Advertising Social media Website development Email marketing Loyalty program/app | Co-op Advertising Ad Templates National Media Regional Advertising |
| Operations |
10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 - 7
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Number of Employees Required to Run: 15 - 20 |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Great Harvest
Pete Wakeman had been baking bread most of his life. As a child, he would help his aunt. In high school, he baked for his friends. During summer vacations, he sold bread from the roadside. In 1976, when Wakeman heard about a bakery in Great Falls, Montana, that was going under, he bought it. With the help of his wife, Laura, Wakeman established the Great Harvest Bread Co. and set about baking loaves for people in the Great Falls community. Soon, people from neighboring communities starting asking about setting up their own Great Harvest locations. The first franchise opened in Kalispell, Montana. In 1983, the Wakemans converted their Great Falls bakery into a franchise and moved company headquarters to Dillon, Montana, so they could concentrate on the franchising end of their business. Great Harvest bakeries serve a variety of breads each day including honey whole wheat, white cheddar garlic, sunflower and cranberry orange.
The total investment necessary to begin operation of a Great Harvest
bakery cafe franchise in a “Hub” location is $144,100 to $704,873. This
includes $35,000 that must be paid to the franchisor or affiliate.
The
total investment necessary to begin operation of a Great Harvest bakery
cafe franchise in a “Spoke” location is $69,613 to $447,536. This
includes $15,000 that must be paid to the franchisor or affiliate.
If
you want development rights, you must pay the franchisor a development
fee equal to the full initial franchise fee for the first bakery cafe
($35,000) plus a deposit of $7,500 (of the $15,000 initial franchise
fee) for each additional bakery cafe you agree to develop. The total
investment necessary to begin operation if you acquire development
rights is $151,600 to $712,373. This includes $42,500 that must be paid
to the franchisor or affiliate.
Veteran Incentives 15% off franchise fee
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#4 on Franchise Rankings.com
About Nothing Bundt Cakes
"So Yummy You'll Wish It Didn't Have a Hole!"
Nothing Bundt Cakes is a retail bakery offering 10 unique flavors of moist delicious bundt cake in 3 sizes. Cascading down each cake is our velvety cream cheese and butter signature frosting, a true testimony to premium ingredients and homespun care. The cakes are then C'round with lovely decorations celebrating a special moment or occasion. Cake platters, balloons, candles, and cards are a perfect complement to your exceptional gift.
The total investment necessary to begin operation of a Nothing Bundt Cakes® Bakery is $431,587 to $600,387, excluding extension fees. This
includes $63,800 to $65,800 that must be paid to the franchisor and its
affiliate.
The franchisor also offers an Area Development Agreement for the establishment and operation of multiple Nothing Bundt Cakes® Bakeries in a specified development area. The Area Development Fee is $35,000 for the first Bakery developed under the Area Development Agreement and $25,000 for each additional bakery developed under the Area Development Agreement.
The franchisor also offers an Area Development Agreement for the establishment and operation of multiple Nothing Bundt Cakes® Bakeries in a specified development area. The Area Development Fee is $35,000 for the first Bakery developed under the Area Development Agreement and $25,000 for each additional bakery developed under the Area Development Agreement.
The total investment necessary to begin operation of the
first Bakery under an area development business is $456,587 to $650,387,
excluding extension fees. This includes $88,800 to $113,800 that must
be paid to franchisor or an affiliate in connection with opening the
first Bakery.
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#45 in Franchise 500 for 2020.
#16 in Franchise 500 for 2021.