Great Harvest vs Great American Cookie Company Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Great Harvest vs Great American Cookie Company including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$69,613 - $704,873 | $177,700 - $476,135 |
Franchise Fee |
$35,000 | $15,000 - $35,000 |
Royalty Fee |
5% | 6% |
Advertising Fee |
2.5% | 1.5% |
Year Founded |
1976 | 1977 |
Year Franchised |
1978 | 1977 |
Term Of Agreement |
10 years | Concurrent with lease |
Term Of Agreement |
10 years | Concurrent with lease |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
General business experience | Industry experience General business experience Marketing skills |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/Yes | No/Yes |
Start-up Costs |
No/Yes | No/Yes |
Equipment |
No/Yes | No/Yes |
Inventory |
No/No | No/Yes |
Receivables |
No/No | No/No |
Payroll |
No/No | No/No |
Training & Support |
Training |
On-The-Job Training: 120 hours
Classroom Training: 120 hours
Additional Training: When necessary | On-The-Job Training: 37 hours
Classroom Training: 36.5 hours |
Support |
Meetings/Conventions
Toll-Free Line
Grand Opening
Field Operations
Site Selection
Franchisee Intranet Platform
| Purchasing Co-ops
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Field Operations
Site Selection
|
Marketing |
Ad Templates
Regional Advertising
Social media
Website development
Email marketing
Loyalty program/app |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing
Loyalty program/app
|
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) |
Absentee ownership of franchise is allowed. |
Expansion Plans |
US Expansion |
Yes | - |
Canada Expansion |
No | No |
International Expansion |
Yes | No |
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
#4 on Franchise Rankings.com
About Great American Cookie Company
Beginning an establishment is an interest in your vocation AND your group! Don't you need to be the one to convey the treat cake to your neighborhood?
Our ease establishment opportunity is an incredible alternative for any individual who is searching for an approach to begin a profession as an entrepreneur! Every open door is distinctive, so whether you open your establishment in a shopping center, at an air terminal, or anyplace else in the middle of, you can alter your establishment for YOU!
Great American Cookies opened its first store in Atlanta's Perimeter Mall in 1977. From one family chocolate treat formula, it included an entire line of treats and brownies and started diversifying in 1978. Notwithstanding normal treats, most stores highlight extensive plate-or dish estimated treats with customized messages for gatherings or unique events.
On August 24, 1998, Mrs. Fields Original Cookies Inc. procured the organization. Mrs. Fields Famous Brands incorporates The Original Cookie Company, Pretzel Time, Hot Sam, Pretzelmaker and Mrs. Fields Cookies
Franchisor is seeking new franchise units throughout the U.S., Africa, Asia, Australia/New Zealand, Canada, Central America, Middle East, Mexico, South America
Veteran Incentives 25% off first-store franchise fee
#70 on Franchise Rankings.com
#136 in Franchise 500 for 2020.