Grand Traverse vs Mrs. Powell's Bakery Eatery Franchise Comparison

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

Start-Up Costs and Fees
 
Grand Traverse Franchise
Mrs. Powell's Bakery Eatery Franchise
Investment $400,000 - $500,000$125,000 - $160,000
Franchise Fee $25,000$25,000
Royalty Fee 5%5%
Advertising Fee -3%
Year Founded 19961984
Year Franchised 19961986
Term Of Agreement 10 years10 Years +10
Term Of Agreement 10 years10 Years +10
Renewal Fee $2500-


Business Experience Requirements
 
Grand Traverse Franchise
Mrs. Powell's Bakery Eatery Franchise
Experience --

Financing Options
 
Grand Traverse Franchise
Mrs. Powell's Bakery Eatery Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Grand Traverse Franchise
Mrs. Powell's Bakery Eatery Franchise
Training -1. Head Office 1 Week 2. Franchised Store 1 Week 3. Own Store 1 Week
Support -Field Operation Evaluation

Field Training

Initial Store Opening

Inventory Control

Franchisee Newsletter

Regional or National Meetings: At Additional Cost
Marketing --
Operations -Average Number of Employees: 2 Full-time, 4 Part-time

Passive Ownership: Allowed, But Discouraged

Expansion Plans
 
Grand Traverse Franchise
Mrs. Powell's Bakery Eatery Franchise
US Expansion -Yes
Canada Expansion --
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 Mrs. Powell's Bakery Eatery

Mrs. Powell's has been in business since 1984.  We specialize in Cinnamon Rolls, but we do much more than that! We have white and wheat bread, dinner rolls, sugar cookies, chocolate chip cookies, brownies, soup, sandwiches and so much more.  What we really do is take care of one of the things you don't have time for anymore - baking. We cater and are always up for custom creations.