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Below is an in-depth analysis and side-by-side comparison of LaMar's Donuts vs A Grande Finale 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 | $125,938 - $237,750 |
Franchise Fee | $28,500 | $35,000 - $60,000 |
Royalty Fee | 5% | 5%-6% |
Advertising Fee | - | 2% local 1% corp. |
Year Founded | 1960 | 1999 |
Year Franchised | 1993 | 2007 |
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 | - | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
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.
NO LONGER FRANCHISING
A Grande Finale Patisserie Franchise Owner
* Become part of a growing franchise with a proven operating system.
* Use of trademark, logo and photos.
* Decadent desserts and beverages made with quality ingredients and skill.
* Proprietary and proven recipes of our gourmet desserts and sauces. (If full patisserie is awarded)
* Complete Operations Manual.
* Assistance with site selection and lease negotiations.
* Comprehensive marketing and merchandising program.
* Outstanding training and ongoing franchise support to help you achieve your goals.
* Incredible branded product line with focus on keeping it exciting and delightful to our customers.
* Commitment from a Franchisor who is truly devoted to the success of every Franchise owner.