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Below is an in-depth analysis and side-by-side comparison of Bountiful Bread vs Gigi's Cupcakes including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $750,000 - $1,200,000 | $226,700 - $425,500 |
Franchise Fee | $37,500 | $35,000 |
Royalty Fee | - | 5% |
Advertising Fee | - | 2.5% |
Year Founded | - | 2007 |
Year Franchised | - | 2008 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | You will need prior experience in running a business, preferably retail. Passion - We want you to be excited and enthusiastic about owning a cupcake shop. Involvement - You are expected be involved in your business on a daily basis, because we find greater success with owners that are actively involved in the operation of their shop. This business requires real commitment, attention to detail, and hard work. |
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 | -/- | -/Yes |
Training & Support |
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Training | # 4 week training program # Systems Guides including Training Manuals # Interviewing and hiring procedures # Food preparation and customer service training | On-The-Job Training: 91 hours Classroom Training: 52 hours |
Support | A franchisee of Bountiful Bread LLC will have the full support and assistance from a team that understand all aspects of running a successful Bountiful Bread bakery cafe.
# National purchasing benefits with major suppliers # Systems Guides for daily operations # Point of Sale system advice | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | Ad Templates National Media Social media SEO Email marketing Loyalty program/app |
Operations | - | - |
Expansion Plans |
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US Expansion | - | No |
Canada Expansion | - | - |
International Expansion | - | - |
NO LONGER FRANCHISING
Bountiful Bread was invented by David White and Mark Burgasser in Albany, NY in 1998. It was initially a bread operation with only 1600 square feet. After an incredible reception and great customer feedback, the concept grew into sandwiches, soups, and deserts. In May 2004, Bountiful Bread in Albany opened in a new space with 4800 square feet. Since then, annual sales have grown to almost $2.6 million and continue their upward climb. All of this is in the face of other bakery cafe competitors that are located within 1 mile away. The customer responses have been clear " Bountiful Bread is the gold standard for the bakery cafe business and is a clear winner with customers, staff and management.
Through relationships developed in the restaurant business over many years, we have established an incredible leadership team. The team represents over 150 years of experience in the restaurant business.
We have an energy for making crisp bread without any preparation with just the best neighborhood fixings. It's unmistakable to us that our energy is clear to our clients - we convey bread each day, with the exception of Sunday, to many fine eateries.
Each morning, our newly prepared breads and rolls are conveyed for conveyances all through Albany's encompassing locales. At present, our prepared breads go to Saratoga Springs, Delmar, Albany, Clifton Park, and even similarly as Lake George - yet we aren't restricted to these areas.
The request continues developing, thus does our affection for what we do! Whether you are searching for something exceptional to add to your eatery or to buy bread for an expansive scale occasion, consider Bountiful Bread's discount choice to hold your visitors returning for additional.
If you are looking for a great opportunity, and you have the business acumen and financial wherewithal, Gigi's Cupcakes may be the concept and opportunity you have been looking for. We have a business model that yields high volume sales with lower occupancy and build-out costs than what you might expect. We also have lower labor and food costs than typical food service franchises. All this adds up to an opportunity that can change your life. Gigi's is committed to making sure we choose the right people to join us in building Gigi's Cupcakes locations nationally. We have learned what it takes to be a successful Gigi's Cupcakes owner and have summarized those qualifications for your consideration: Capital Requirements - You will need liquid assets of approximately $100,000 and total net worth of $250,000. This can be done individually or with family members or investors that sign on with you. We will provide you with total support along the way including: Site selection Lease review and negotiation Design/Layout and Construction Equipment Sourcing Training Marketing Grand Opening support Ongoing marketing and operational support If you would like to arrange a meeting: For further information go to http://www.gigiscupcakesusa.com/becomeanowner or you could try http://www.thefranchisemall.com/request/