Great Harvest vs Breadsmith Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Great Harvest vs Breadsmith including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Great Harvest Franchise
Breadsmith Franchise
Investment $69,613 - $704,873$380,250 - $454,750
Franchise Fee $35,000$30,000
Royalty Fee 5%7% - 5%
Advertising Fee 2.5%-
Year Founded 19761993
Year Franchised 19781993
Term Of Agreement 10 years15 years
Term Of Agreement 10 years15 years
Renewal Fee -$500


Business Experience Requirements

 
Great Harvest Franchise
Breadsmith Franchise
Experience
  • General business experience

  • General business experience
  • Marketing skills helpful but not necessary

  • Financing Options

     
    Great Harvest Franchise
    Breadsmith Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/Yes
    Start-up Costs No/YesNo/Yes
    Equipment No/YesNo/Yes
    Inventory No/NoNo/Yes
    Receivables No/NoNo/Yes
    Payroll No/NoNo/Yes

    Training & Support

     
    Great Harvest Franchise
    Breadsmith Franchise
    Training On-The-Job Training: 120 hours Classroom Training: 120 hours Additional Training: When necessaryOn-The-Job Training: 219.5 hours Classroom Training: 51 hours
    Support Meetings/Conventions Toll-Free Line Grand Opening Field Operations Site Selection Franchisee Intranet Platform Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform
    Marketing Ad Templates Regional Advertising Social media Website development Email marketing Loyalty program/appAd Templates Social media SEO Website development Email marketing
    Operations 10% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 5 - 7

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    10% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 20

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)


    Expansion Plans

     
    Great Harvest Franchise
    Breadsmith Franchise
    US Expansion YesYes
    Canada Expansion NoNo
    International Expansion YesNo

    Company Overviews

    About Great Harvest

    Pete Wakeman had been baking bread most of his life. As a child, he would help his aunt. In high school, he baked for his friends. During summer vacations, he sold bread from the roadside. In 1976, when Wakeman heard about a bakery in Great Falls, Montana, that was going under, he bought it. With the help of his wife, Laura, Wakeman established the Great Harvest Bread Co. and set about baking loaves for people in the Great Falls community. Soon, people from neighboring communities starting asking about setting up their own Great Harvest locations. The first franchise opened in Kalispell, Montana. In 1983, the Wakemans converted their Great Falls bakery into a franchise and moved company headquarters to Dillon, Montana, so they could concentrate on the franchising end of their business. Great Harvest bakeries serve a variety of breads each day including honey whole wheat, white cheddar garlic, sunflower and cranberry orange.

    The total investment necessary to begin operation of a Great Harvest bakery cafe franchise in a “Hub” location is $144,100 to $704,873. This includes $35,000 that must be paid to the franchisor or affiliate.
    The total investment necessary to begin operation of a Great Harvest bakery cafe franchise in a “Spoke” location is $69,613 to $447,536. This includes $15,000 that must be paid to the franchisor or affiliate.
    If you want development rights, you must pay the franchisor a development fee equal to the full initial franchise fee for the first bakery cafe ($35,000) plus a deposit of $7,500 (of the $15,000 initial franchise fee) for each additional bakery cafe you agree to develop. The total investment necessary to begin operation if you acquire development rights is $151,600 to $712,373. This includes $42,500 that must be paid to the franchisor or affiliate.
    Veteran Incentives  15% off franchise fee
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    About Breadsmith

    While studying in Norway, college student Dan Sterling got his first taste of European bread. Sterling returned to the United States and graduated from Harvard Business School before starting his own company. But he never lost his love of bread, and after volunteering to help a local bakery with its accounting, he decided to launch a bakery of his own. He opened the first Breadsmith location in 1993, and the company began franchising in 1994.

    The total investment necessary to begin operation of a Breadsmith primary franchise store is $380,250 to $449,750 ($377,250 - $451,750 for veterans). This includes $100,000 to $115,000 (less $3,000 if you are a veteran) that must be paid to the franchisor or affiliate.
    An additional investment of $95,500 to $163,500 is necessary if a satellite location is opened in connection with the primary store. This includes $5,000 that must be paid to the franchisor or affiliate.
    Veteran Incentives  10% off franchise fee


    "Entrepreneur
    #333 in Franchise 500 for 2020.
    #333 in Franchise 500 for 2021.