Nestle Toll House Cafe by Chip vs Grand Traverse Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Nestle Toll House Cafe by Chip vs Grand Traverse including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$43,900 - $499,100 | $400,000 - $500,000 |
Franchise Fee |
$30,000 | $25,000 |
Royalty Fee |
6% | 5% |
Advertising Fee |
1.5% | - |
Year Founded |
2000 | 1996 |
Year Franchised |
2000 | 1996 |
Term Of Agreement |
- | 10 years |
Term Of Agreement |
- | 10 years |
Renewal Fee |
- | $2500 |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/Yes | -/- |
Start-up Costs |
No/Yes | -/- |
Equipment |
No/Yes | -/- |
Inventory |
No/Yes | -/- |
Receivables |
No/Yes | -/- |
Payroll |
No/Yes | -/- |
Training & Support |
Training |
- | - |
Support |
Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | - |
Marketing |
Ad slicks, Regional advertising | - |
Operations |
50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6
- 10
Absentee ownership of franchise is allowed. (60% of current franchisees are owner/operators) | - |
Expansion Plans |
US Expansion |
- | - |
Canada Expansion |
No | - |
International Expansion |
No | - |
Company Overviews
About Nestle Toll House Cafe by Chip
Ziad S. Dalal and Doyle P. Liesenfelt founded Nestle Toll House Caf'y Chip in 2000 to serve cookies and a variety of other Nestle products. Each cafe' menu features muffins, croissants, scones, rolls, cookies, cakes, biscotti, iced and hot coffees, and other chocolate treats.
The total investment necessary to begin operation of a Nestle Toll House
Café by Chip franchise is $214,350 to $499,100 for a dine-in unit,
$149,350 to $424,750 for an in-line unit, $145,400 to $311,700 for a
kiosk and $43,900 to $112,400 for a non-baking satellite cart or kiosk.
This includes $37,500 ($18,750 for a non-traditional venue) that must be
paid to the franchisor or affiliate. This also includes an additional
$7,500 if a satellite location is included that must be paid to the
franchisor or affiliate. If you are acquiring franchise development
rights, you will pay the farnchisor a development fee equal to$37,500
for the first Café to be developed and $18,750 for each additional Café
to be developed.
About Grand Traverse
The Grand Traverse Pie Company is a restaurant and pie shop which began in
Traverse City, Michigan, and now has 15 locations in Michigan and
Indiana. We offer more than just amazing pie, we also serve breakfast,
lunch, and dinner. Customers love our sandwiches, salads, soups, quiche,
pot pies, pasties, baked goods, and coffee. We also serve as a WiFi
cafe destination in our communities.
The Grand Traverse Pie Company
strives to support Michigan business by using Michigan products,
ingredients, and vendors.