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Below is an in-depth analysis and side-by-side comparison of LaMar's Donuts vs Bagel 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 | $170,000 - $425,000 |
Franchise Fee | $28,500 | $20,000 - $25,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | - | 2% |
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 | - | 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.
Bagel Bagel Cafe opened its first location in Tallahassee, Florida-July 1991 as Bagel Bagel,
"A Place So Nice We Named It Twice".
John Stout, founder of the concept, created the idea by utilizing skills he attained while working and managing a diverse number of restaurants in various regions of the country. John's experiences have allowed him to create an eclectic menu with unique cooking techniques that makes Bagel Bagel Cafe the success it is today. Bagel Bagel Cafe is growing rapidly, and is looking for Franchisees who: * Want to own an exciting restaurant concept * Prefer normal business hours vs. traditional dinner restaurants * Are looking for a concept with experienced franchise support without the unreasonable costs * Have at least $150,000 available to open their store Bagel Bagel Cafe is currently reviewing applications for new franchisees. Many of our locations are only open for breakfast and lunch, allowing operators a more flexible schedule.