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Updated RecentlyLaMar's Donuts vs Great American Bagel Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of LaMar's Donuts vs Great American Bagel including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $288,500 - $366,500 | $230,000 - $300,000 |
| Franchise Fee | $28,500 | $20,000 |
| Royalty Fee | 5% | 4% |
| Advertising Fee | - | 2% |
| Year Founded | 1960 | 1987 |
| Year Franchised | 1993 | 0 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | As needed | - |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations | - |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
| Operations |
Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About LaMar's Donuts
Ray Lamar found his way into the donut business at the age of 17, working as a fryer at a Kansas City, Missouri, shop. Lamar made his way up to being a partner in the company, but World War II cut the partnership short. Upon his return, Lamar earned a degree in economics and began a career as a stockbroker, but donuts remained the business he truly loved.
In 1960, nearly 30 years after first manning the fryer, Lamar opened his first LaMar's Donuts shop in Kansas City. The company began franchising in 1993 and is now based in Englewood, Colorado.
About Great American Bagel
The Great American Bagel opened its first bagel bakery in 1987 in Westmont, Illinois, a western suburb of Chicago. This store was so well received that within a few short years, The Great American Bagel began opening bagel bakeries throughout Chicago and offering The Great American Bagel franchises to those seeking exciting new business opportunities. Today, The Great American Bagel proudly operates many restaurants across the United States, Ireland, Canada as well as in the Middle East.