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Below is an in-depth analysis and side-by-side comparison of Bread Poets Baking Company 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 | $166,000 - $259,000 | $226,700 - $425,500 |
Franchise Fee | $24,000 | $35,000 |
Royalty Fee | 4% | 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 | - | On-The-Job Training: 91 hours Classroom Training: 52 hours |
Support | - | 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 | - | - |
Thank you for your interest in opening a Bread Poets. Whether you want to "roll” in the dough or just make lots of bread - Bread Poets offers a turn-key system for you to realize the American dream.
Bread Poets provides a unique opportunity to make an incredible tangible product and immediately see the fruits of your labor. Sure it’s hard work but having been in this business for almost 15 years, we can honestly say that it is extremely gratifying!
We take the franchising end of our business very seriously and are committed to giving our franchisees all the tools necessary to succeed. However, with any business venture, the recipe for success falls squarely on the shoulders of the individuals running each location. There’s an old adage in the franchise business: "You’re in business for yourself but not by yourself”. Therein lies the strength of a franchise system. We’ve been through many hardships, constantly refined our systems and recipes, and basically know this business inside and out. You not only invest in the name Bread Poets and our products, but you benefit from the lessons we’ve already learned - giving you the advantage to hit the ground running with a tried and true system that works and a product that will simply amaze your customers!
We hope you’ve had the chance to visit Bread Poets - soaking in the atmosphere of busy bakers hoppin’ around the bakery to an upbeat melody as the fresh bread is being pulled from the oven. The sight, the sound, the smell and the taste leave an indelible impression on all who walk through our doors. The products are unique only to us and the chatter at the bread board affirms that there is nothing quite like Bread Poets bread.
If you should be among the chosen to open a Bread Poets you will spend time in our Bismarck location learning how to run a bakery - from doing the doughs, to baking, to customer service up at the counter. We will cover it all. There will also be office training that covers bookkeeping, recordkeeping, ordering and staffing.
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/