Grand Traverse vs Michel's Baguette Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Grand Traverse vs Michel's Baguette including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Grand Traverse Franchise
Michel's Baguette Franchise
Investment $400,000 - $500,000$350,000 - $800,000
Franchise Fee $25,000$40,000
Royalty Fee 5%-
Advertising Fee --
Year Founded 1996-
Year Franchised 1996-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $2500-


Business Experience Requirements
 
Grand Traverse Franchise
Michel's Baguette Franchise
Experience --

Financing Options
 
Grand Traverse Franchise
Michel's Baguette Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Grand Traverse Franchise
Michel's Baguette Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Grand Traverse Franchise
Michel's Baguette Franchise
US Expansion --
Canada Expansion -Yes
International Expansion --

Company Overviews

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.

About Michel's Baguette

Michel’s Bakery Café is a café chain found throughout Canada. The main draw is the beverages, both hot (coffee, cappuccino, latte, espresso, and hot chocolate) and cold (smoothies, juices, soft drinks, and bottled water). In addition to drinks, Michel’s Bakery Café also has a sizeable selection of foods. With a menu that includes breads and pastries, sandwiches, soups and salads, and breakfast items, Michel’s Bakery Café is sure to satisfy its customers’ cravings.