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Updated RecentlyGreat American Bagel vs WOOPS! Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Great American Bagel vs WOOPS! 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 | $58,875 - $390,675 |
| Franchise Fee | $20,000 | $15,000 - $25,000 |
| Royalty Fee | 4% | 4% |
| Advertising Fee | 2% | - |
| Year Founded | 1987 | 2012 |
| Year Franchised | 0 | 2015 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | While you do not need baking experience to franchise with Woops!, we recommend that you have a proven track record of managerial experience, an entrepreneurial spirit and the drive to follow our proven business model as you bring Woops! to your community. |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/Yes |
| Start-up Costs | -/- | -/Yes |
| Equipment | -/- | Yes/- |
| Inventory | -/- | -/Yes |
| Receivables | -/- | -/Yes |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | On-The-Job Training: 240 hours |
| Support | - | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| Marketing | - | Ad Templates Social media SEO Website development Email marketing Loyalty program/app |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Great American Bagel
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.
About WOOPS!
WOOPS! was born in 2012 from a simple idea: Why not make money by
opening a pop-up shop at the bustling Holiday Shops at Bryant Park in
New York City - sharing delicious, specialty macarons with shoppers? The
response let the founders know they were onto something, and they
wasted no time in looking into how they could build a business on the
idea that macarons make wonderful and special gifts as well as a
day-brightening treat for oneself.