Great Harvest vs Yummy Cupcakes Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Great Harvest vs Yummy Cupcakes including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$69,613 - $704,873 | $185,679 - $325,665 |
Franchise Fee |
$35,000 | $35,000 |
Royalty Fee |
5% | 5% |
Advertising Fee |
2.5% | 1% |
Year Founded |
1976 | 2004 |
Year Franchised |
1978 | 2011 |
Term Of Agreement |
10 years | 10 years |
Term Of Agreement |
10 years | 10 years |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
General business experience | The enjoyment of working in your community, being a contributing community small business and supporting your community. A pride of ownership and sense of social responsibility.
If you have the enthusiasm, drive and commitment to growing your own empire, we want to talk with you. |
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
| Yummy Cupcakes will provide you with all the tools you will need in your business.
*Local and national marketing to include sales, advertising, promotions, public relations as well as local and national press
*Training programs, on-going seminars and conferences
*On-site staff to assist with store openings
*Marketing manuals to assist you in the day-to-day marketing of your business
*A team of Yummy Cupcakes professionals specifically dedicated to supporting your ongoing growth and success
|
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 | Yes |
Canada Expansion |
No | - |
International Expansion |
Yes | 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 Yummy Cupcakes
The "complete cupcake business solution."
Yummy Cupcakes was founded by Executive Chef Tiffini Soforenko with the idea that cupcakes could be enjoyed more often than just special occasions, could be created in gourmet-style, and could be offered in a wide variety of flavors. In March 2004, Tiffini joined forces with husband Nik and mother Brogan, left the corporate world and together created Yummy Cupcakes.
Back then, no one had ever heard of a "cupcake only" bakery, let alone ever visited one. Tiffini, Nik and Brogan introduced Yummy Cupcakes to the world based on a simple premise: be passionate about creating exceptional product, be passionate about guest services, and be passionate about doing things right.
Now, with several years experience operating Yummy Cupcakes, we have developed a solid and successful business model for both Yummy Cupcakes bakeshop owners and Yummy Cupcakes customers. This, combined with our corporate experience in business operations, guest service, franchise operations and marketing, has led us to seek qualified people to join us in growing Yummy Cupcakes worldwide!
If you have the enthusiasm, drive and commitment to growing your own empire, we want to talk with you. We are confident that owning a Yummy Cupcakes franchise is a tremendous opportunity.
As a Yummy Cupcakes Owner/Operator, you'll have the benefit of walking into a ready-made system. We have spent the past few years trying, testing, and refining our business so that it's a business model that works. With your own business experience, drive and energy and our working business model, we have a winning combination!
There are three available programs:
1. Single Bakeshop Program
2. Area Development Program
3. Satellite Development Program