Grand Traverse vs Factory Donuts Franchise Comparison

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

Start-Up Costs and Fees
 
Grand Traverse Franchise
Factory Donuts Franchise
Investment $400,000 - $500,000$213,300 - $341,300
Franchise Fee $25,000$20,000
Royalty Fee 5%5%
Advertising Fee -2.5%
Year Founded 19962017
Year Franchised 19962017
Term Of Agreement 10 years10 years +10
Term Of Agreement 10 years10 years +10
Renewal Fee $2500-


Business Experience Requirements
 
Grand Traverse Franchise
Factory Donuts Franchise
Experience --

Financing Options
 
Grand Traverse Franchise
Factory Donuts Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Grand Traverse Franchise
Factory Donuts Franchise
Training --
Support --
Marketing --
Operations -Most Factory Donuts will employ 10-20 employees

Expansion Plans
 
Grand Traverse Franchise
Factory Donuts Franchise
US Expansion -Yes
Canada Expansion --
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 Factory Donuts

Factory Donuts is more than just a business of making great tasting donuts and coffee. It’s a culture. At Factory Donuts you will be part of a family; whether it’s as an employee or as a franchise partner. The founders' background and their beliefs for a well operated, highly efficient, and value oriented business strategy make Factory Donuts a stand out business model that others strive to be. 
The business model at Factory Donuts is about simplicity and efficiency. Donuts are a billion dollar industry and growing. The idea of a fresh, made to order donut along with premium coffee drinks is a segment that Factory Donuts will fill.