Great Harvest vs Dreamy Donuts Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Great Harvest vs Dreamy Donuts including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$69,613 - $704,873 | $300,000 - $400,000 |
Franchise Fee |
$35,000 | $60,000 |
Royalty Fee |
5% | 7% |
Advertising Fee |
2.5% | 3% |
Year Founded |
1976 | - |
Year Franchised |
1978 | - |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
General business experience | Whilst experience in the food retail industry will
be looked upon favourably, formal experience is
not always necessary, as our comprehensive
training program is designed to prepare you for
running the business operation. What matters most
to us; is that our franchisees share the same passion and enthusiasm for the Dreamy Donuts business
that we do. |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/Yes | -/- |
Start-up Costs |
No/Yes | -/- |
Equipment |
No/Yes | -/- |
Inventory |
No/No | -/- |
Receivables |
No/No | -/- |
Payroll |
No/No | -/- |
Training & Support |
Training |
On-The-Job Training: 120 hours
Classroom Training: 120 hours
Additional Training: When necessary | - |
Support |
Meetings/Conventions
Toll-Free Line
Grand Opening
Field Operations
Site Selection
Franchisee Intranet Platform
| - |
Marketing |
Ad Templates
Regional Advertising
Social media
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) | - |
Expansion Plans |
US Expansion |
Yes | - |
Canada Expansion |
No | - |
International Expansion |
Yes | - |
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 Dreamy Donuts
Since 2006, The Dreamy Donuts business is a premium donut and coffee franchise operation with stores in Australia and New Zealand and with a view to the world.
We take pride in using the finest ingredients throughout our entire Dreamy Donuts range to make sure we are able to create what we consider to be the best tasting donuts possible. We also have our own premium Dreamy Donuts blend of coffee, delicious cold beverages and can provide donut cakes for special occasions.
There are two things that we never compromise on; quality product and exceptional customer service standards.
The Dreamy Donuts business has become a fast growing franchise in a relative short time. This is not surprising given the demand for our gourmet donut flavours, high quality product and dedication to great customer service. Our success can also be attributed to the hard work and dedication of the 'Dream Team', made up of our staff, our franchisees and their team members.
All Dreamy Donuts franchisees have access to a complete franchise system which comprises site selection, development, fit out and training combined with ongoing management, marketing, operational and other support.
The future looks bright for the Dreamy Donuts business as we grow within Australia and overseas.
As of 2015, Dreamy Donuts had 15 stores throughout Australia and New Zealand.