Grand Traverse vs Peace, Love & Little Donuts Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Grand Traverse vs Peace, Love & Little Donuts including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$400,000 - $500,000 | $121,200 - $235,100 |
Franchise Fee |
$25,000 | $40,000 |
Royalty Fee |
5% | 6% |
Advertising Fee |
- | 1% |
Year Founded |
1996 | 2009 |
Year Franchised |
1996 | 2016 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
$2500 | - |
Business Experience Requirements |
Experience |
- |
Net-worth Requirement $500,000
Liquid Cash Requirement $150,000
|
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/Yes |
Start-up Costs |
-/- | -/Yes |
Equipment |
-/- | -/Yes |
Inventory |
-/- | -/Yes |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
- |
On-The-Job Training: 40 hours
Classroom Training: 20 hours
|
Support |
- | Purchasing Co-ops
Newsletter
Meetings/Conventions
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing |
- | Co-op Advertising
Ad Templates
Social media
Website development
Email marketing
Loyalty program/app
|
Operations |
- | - |
Expansion Plans |
US Expansion |
- | - |
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 Peace, Love & Little Donuts
In 2009 Ron and Marci open the first Peace, Love, and Little Donuts in
one of America's most livable cities, Pittsburgh, Pennsylvania; Located
Directly in the Strip District. In creating our Groovy, Far Out and Funkadelic flavors we knew that we
could n't lose the incredible taste of our old fashion cake donut.
With that in mind each donut was created so that with every bite you
would taste our fresh, warm donut, the subtle flavor of our
frostings and our crazy selection of Funkadelic toppings; with no one
flavor overwhelming the others. All of our stores work hard to make
sure that you enjoy those flavors as we intended them from the
beginning.
Veteran Incentives 20% off franchise fee