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Below is an in-depth analysis and side-by-side comparison of Great American Bagel 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 |
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Investment | $230,000 - $300,000 | $125,000 - $160,000 |
Franchise Fee | $20,000 | $25,000 |
Royalty Fee | 4% | 5% |
Advertising Fee | 2% | 3% |
Year Founded | 1987 | 1984 |
Year Franchised | 0 | 1986 |
Term Of Agreement | - | 10 Years +10 |
Term Of Agreement | - | 10 Years +10 |
Renewal Fee | - | - |
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 | - | 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 |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
The Great American Bagel opened its first bagel bakery in 1987 in Westmont, Illinois, a western suburb of Chicago. This store was so well received that within a few short years, The Great American Bagel began opening bagel bakeries throughout Chicago and offering The Great American Bagel franchises to those seeking exciting new business opportunities. Today, The Great American Bagel proudly operates many restaurants across the United States, Ireland, Canada as well as in the Middle East.
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.