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Below is an in-depth analysis and side-by-side comparison of Cookie Factory Bakery vs Great American Bagel including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $98,000 - $237,500 | $230,000 - $300,000 |
Franchise Fee | $15,000 | $20,000 |
Royalty Fee | 5% | 4% |
Advertising Fee | - | 2% |
Year Founded | 1970 | 1987 |
Year Franchised | 1991 | 0 |
Term Of Agreement | 15 years | - |
Term Of Agreement | 15 years | - |
Renewal Fee | 1/4 of then-current 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 | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/Yes | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | - |
Support | Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | - |
Marketing | Ad slicks | - |
Operations |
25% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
NO LONGER FRANCHISING
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.