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Updated RecentlyGrand Traverse vs Lox of Bagels Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Grand Traverse vs Lox of Bagels including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $400,000 - $500,000 | $135,000 - $165,000 |
| Franchise Fee | $25,000 | $19,000 |
| Royalty Fee | 5% | - |
| Advertising Fee | - | - |
| Year Founded | 1996 | 1986 |
| Year Franchised | 1996 | 1995 |
| Term Of Agreement | 10 years | 5 years +5 |
| Term Of Agreement | 10 years | 5 years +5 |
| Renewal Fee | $2500 | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | On-Site 4 Days |
| Support | - | Field Operation Evaluation Field Training Initial Store Opening Inventory Control 800 Telephone Hotline |
| Marketing | - | - |
| Operations | - | Average Number of Employees: 3 Full-time, 3 Part-time Passive Ownership: Allowed |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | No |
| International Expansion | - | Yes |
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 Lox of Bagels
Retail bagel bakery with gourmet coffees, espresso, juices and specialty breads.