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Below is an in-depth analysis and side-by-side comparison of LaMar's Donuts vs Rise Biscuits & Donuts 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 | N/A |
Franchise Fee | $28,500 | N/A |
Royalty Fee | 5% | - |
Advertising Fee | - | - |
Year Founded | 1960 | 2012 |
Year Franchised | 1993 | 2014 |
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.
“Before opening his tiny biscuit and doughnut shop in 2012, chef Tom Ferguson drove cross-country to sample the best of both comfort foods and came back inspired. His huge, flaky biscuits are served with usual combinations of local toppings like fried green tomatoes and pimento cheese, or Big Spoon Roasters peanut butter with Farmer’s Daughter jam. Daily sandwich specials (coq au vin, country-fried steak with gravy) usually sell out early.”