Great Harvest vs Hurts Donut Company Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Great Harvest vs Hurts Donut 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 | $553,000 - $1,076,000 |
Franchise Fee |
$35,000 | $35,000 |
Royalty Fee |
5% | 7% |
Advertising Fee |
2.5% | 2% |
Year Founded |
1976 | 2013 |
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 | -/- |
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 | 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 Hurts Donut Company
Who is Hurts Donut?! How did it get started?! Well, the running joke is that Tim said it would be cheaper to open a donut shop than support my donut addiction! November 17th 2013, THE DAY BEFORE WE OPENED, we made our very first donut! The VERY FIRST donut either of us had ever made and it was just twelve hours before we opened our doors to the public... (that's not a typo!) We learned how to make donuts on YOUTUBE, bought all of our equipment on Craigslist and didn't even know if any of it would turn on. (Irresponsible? Maybe... Crazy passionate, motivated and fearless attitude!! DEFINITELY!!)We had less than $7 left in our bank account when we opened the doors to the public, and now there are 16 stores in the US! (The best part is, we are just getting started!!)In 2016 and 2017 we won an award that makes me exceptionally emotional... Hurts Donut received the Economic Impact of the year award for 1-5 years in business. WE SHARED THE STAGE WITH BASS PRO AND PRIME TRUCKING!!! (Are you serious?!) Prime did 1.8 BILLION dollars in revenue last year. And our little donut shop, less than 4 years old, was honored on the SAME STAGE as the most incredible businesses in Springfield. Their stories inspirational beyond measure. How could we possibly be in such good company?! Never, in my wildest dreams, did I think we would be where we are today.I'm so astronomically in love and thankful for my husband who is intelligent, business minded, hard working and selfless. Tim attributes our growth to his diagnosis of multiple sclerosis, it was the start of our model for giving back to those in need. We truly, truly, believe that you get what you GIVE. So we promised ourselves whenever we get, we give!! I remember feeling misplaced years before this, my heart was built for giving and I could never give enough. This business has given us so much purpose and your support gives us the means to give back to the community in an unimaginable way. We have been able to share our blessings and help so many people in need. Franchising was absolutely terrifying to me. I'm so passionate about my business and I couldn't imagine anyone loving Hurts Donut the way I do!! Our franchises have brought amazing people close in my life!! It is the best thing, being able to call someone every day that can truly relate and understand my immense JOYS. They have by far exceeded our expectations and I am BEYOND proud of the hard work and success our franchisees have brought to our name!! I know every one of us will continue to pray and dream and work ourselves NUMB!! I owe the most colossal thank you to our outstanding employees, whose personalities are as colorful as the donuts in our case! Our over-willing managers and trainers who are so extremely talented and hard working! There's definitely a sense of family. Shout out to two very special employees, Misty and Ian who have been employed with us from day one and are still going strong today!! We started with SIX employees the day Hurts OG opened in Springfield!! Our Tulsa store sold 24,000 donuts opening day and had 112 employees the day they opened if that gives you an idea of how far we have come!!!