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Below is an in-depth analysis and side-by-side comparison of LaMar's Donuts vs Bread Poets Baking Company 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 | $166,000 - $259,000 |
Franchise Fee | $28,500 | $24,000 |
Royalty Fee | 5% | 4% |
Advertising Fee | - | - |
Year Founded | 1960 | - |
Year Franchised | 1993 | - |
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 | - |
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.
Thank you for your interest in opening a Bread Poets. Whether you want to "roll” in the dough or just make lots of bread - Bread Poets offers a turn-key system for you to realize the American dream.
Bread Poets provides a unique opportunity to make an incredible tangible product and immediately see the fruits of your labor. Sure it’s hard work but having been in this business for almost 15 years, we can honestly say that it is extremely gratifying!
We take the franchising end of our business very seriously and are committed to giving our franchisees all the tools necessary to succeed. However, with any business venture, the recipe for success falls squarely on the shoulders of the individuals running each location. There’s an old adage in the franchise business: "You’re in business for yourself but not by yourself”. Therein lies the strength of a franchise system. We’ve been through many hardships, constantly refined our systems and recipes, and basically know this business inside and out. You not only invest in the name Bread Poets and our products, but you benefit from the lessons we’ve already learned - giving you the advantage to hit the ground running with a tried and true system that works and a product that will simply amaze your customers!
We hope you’ve had the chance to visit Bread Poets - soaking in the atmosphere of busy bakers hoppin’ around the bakery to an upbeat melody as the fresh bread is being pulled from the oven. The sight, the sound, the smell and the taste leave an indelible impression on all who walk through our doors. The products are unique only to us and the chatter at the bread board affirms that there is nothing quite like Bread Poets bread.
If you should be among the chosen to open a Bread Poets you will spend time in our Bismarck location learning how to run a bakery - from doing the doughs, to baking, to customer service up at the counter. We will cover it all. There will also be office training that covers bookkeeping, recordkeeping, ordering and staffing.