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Below is an in-depth analysis and side-by-side comparison of Great American Cookie Company vs Lox of Bagels including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $177,700 - $476,135 | $135,000 - $165,000 |
Franchise Fee | $15,000 - $35,000 | $19,000 |
Royalty Fee | 6% | - |
Advertising Fee | 1.5% | - |
Year Founded | 1977 | 1986 |
Year Franchised | 1977 | 1995 |
Term Of Agreement | Concurrent with lease | 5 years +5 |
Term Of Agreement | Concurrent with lease | 5 years +5 |
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/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | On-The-Job Training: 37 hours Classroom Training: 36.5 hours | On-Site 4 Days |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection | Field Operation Evaluation Field Training Initial Store Opening Inventory Control 800 Telephone Hotline |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
Operations |
Absentee ownership of franchise is allowed. | Average Number of Employees: 3 Full-time, 3 Part-time Passive Ownership: Allowed |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | No |
International Expansion | No | Yes |
Beginning an establishment is an interest in your vocation AND your group! Don't you need to be the one to convey the treat cake to your neighborhood?
Retail bagel bakery with gourmet coffees, espresso, juices and specialty breads.