Great Canadian Bagel vs Nothing Bundt Cakes Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Great Canadian Bagel vs Nothing Bundt Cakes including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$85,000 - $350,000 | $431,587 - $600,387 |
Franchise Fee |
$20,000 | $35,000 |
Royalty Fee |
- | 5% |
Advertising Fee |
- | 4% |
Year Founded |
1993 | 1997 |
Year Franchised |
1994 | 2006 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/Yes |
Start-up Costs |
-/- | -/Yes |
Equipment |
-/- | -/Yes |
Inventory |
-/- | -/Yes |
Receivables |
-/- | -/Yes |
Payroll |
-/- | -/Yes |
Training & Support |
Training |
- | On-The-Job Training: 4 weeks
Classroom Training: 4 weeks
|
Support |
- | Purchasing Co-ops
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
|
Marketing |
- | Co-op Advertising
Ad Templates
National Media
Regional Advertising |
Operations |
- | Number of Employees Required to Run: 15 - 20 |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
- | - |
International Expansion |
- | - |
Company Overviews
About Great Canadian Bagel
In April, 1993 "The Great Canadian Bagel, Ltd." began operations
with an initial store in Metropolitan Toronto. Featuring 24 varieties of
fresh baked bagels, 21 flavours of cream cheese spreads and a selection
of soups, salads, and made-to-order sandwiches, the store was an
immediate success.
At The Great Canadian Bagel all bagels are baked
fresh from recipes calling for only the finest natural ingredients with
no preservatives. The majority of stores are equipped with an on-premise
bakery enabling customers to watch the bagels being made and smell the
aroma as they are taken from the oven. This combination of high quality
product, attractive store atmosphere and their constant focus on
providing the highest level of customer service all work together to set
The Great Canadian Bagel a notch above the competition in the fast
growing Bagel segment of the Foodservice market.
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 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.
#45 in Franchise 500 for 2020.
#16 in Franchise 500 for 2021.