Great Harvest vs Cinnaholic Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Great Harvest vs Cinnaholic including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$69,613 - $704,873 | $178,000 - $308,500 |
Franchise Fee |
$35,000 | $35,000 |
Royalty Fee |
5% | 5% |
Advertising Fee |
2.5% | 2% |
Year Founded |
1976 | 2010 |
Year Franchised |
1978 | 2014 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
General business experience | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/Yes | -/Yes |
Start-up Costs |
No/Yes | -/Yes |
Equipment |
No/Yes | -/Yes |
Inventory |
No/No | -/Yes |
Receivables |
No/No | -/Yes |
Payroll |
No/No | -/Yes |
Training & Support |
Training |
On-The-Job Training: 120 hours
Classroom Training: 120 hours
Additional Training: When necessary |
On-The-Job Training: 40 hours+
Classroom Training: Varies
|
Support |
Meetings/Conventions
Toll-Free Line
Grand Opening
Field Operations
Site Selection
Franchisee Intranet Platform
| Purchasing Co-ops
Newsletter
Meetings/Conventions
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
|
Marketing |
Ad Templates
Regional Advertising
Social media
Website development
Email marketing
Loyalty program/app | 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 Allowed
Number of Employees Required to Run: 4 - 10 |
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 Cinnaholic
Join one of the fastest growing bakery franchises!
We’re not your typical dessert shop. Cinnaholic exploded onto the scene in 2010 with our award-winning, gourmet cinnamon rolls. We believe in serving fresh, scratch-made cinnamon rolls and other bakery products that meet the growing consumer demand for non-traditional, plant-based food alternatives. All our products are 100% dairy and lactose-free, egg-free and cholesterol-free.Our product is a craft of love, passion and dedication. When you open a Cinnaholic franchise, you become part of the Cinnaholic family. Our franchise partners benefit from a flexible business model, relatively low operating costs and high-quality, delicious products that consumers come back for time and time again. Cinnaholic was named to Entrepreneur Magazine’s Franchise 500® list in 2019, and a Top New Franchise in 2018! We appeared on ABC’s Shark Tank and ABC News, and in countless business, financial and trade publications.
Are you ready to trade in your desk job for a chance to make people smile and make mouths water?
Come join us!
Veteran Incentives 20% off franchise fee
#477 in Franchise 500 for 2020.