Great Canadian Bagel vs Nothing Bundt Cakes Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Great Canadian Bagel vs Nothing Bundt Cakes including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Great Canadian Bagel Franchise
Nothing Bundt Cakes Franchise
Investment $85,000 - $350,000$431,587 - $600,387
Franchise Fee $20,000$35,000
Royalty Fee -5%
Advertising Fee -4%
Year Founded 19931997
Year Franchised 19942006
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Great Canadian Bagel Franchise
Nothing Bundt Cakes Franchise
Experience --

Financing Options

 
Great Canadian Bagel Franchise
Nothing Bundt Cakes Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/Yes
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/Yes
Payroll -/--/Yes

Training & Support

 
Great Canadian Bagel Franchise
Nothing Bundt Cakes Franchise
Training -On-The-Job Training: 4 weeks Classroom Training: 4 weeks
Support -Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations
Marketing -Co-op Advertising Ad Templates National Media Regional Advertising
Operations -Number of Employees Required to Run: 15 - 20

Expansion Plans

 
Great Canadian Bagel Franchise
Nothing Bundt Cakes Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About Great Canadian Bagel

In April, 1993 "The Great Canadian Bagel, Ltd." began operations with an initial store in Metropolitan Toronto. Featuring 24 varieties of fresh baked bagels, 21 flavours of cream cheese spreads and a selection of soups, salads, and made-to-order sandwiches, the store was an immediate success.
At The Great Canadian Bagel all bagels are baked fresh from recipes calling for only the finest natural ingredients with no preservatives. The majority of stores are equipped with an on-premise bakery enabling customers to watch the bagels being made and smell the aroma as they are taken from the oven. This combination of high quality product, attractive store atmosphere and their constant focus on providing the highest level of customer service all work together to set The Great Canadian Bagel a notch above the competition in the fast growing Bagel segment of the Foodservice market.

About Nothing Bundt Cakes

"So Yummy You'll Wish It Didn't Have a Hole!"

Nothing Bundt Cakes is a retail bakery offering 10 unique flavors of moist delicious bundt cake in 3 sizes. Cascading down each cake is our velvety cream cheese and butter signature frosting, a true testimony to premium ingredients and homespun care. The cakes are then C'round with lovely decorations celebrating a special moment or occasion. Cake platters, balloons, candles, and cards are a perfect complement to your exceptional gift.

The total investment necessary to begin operation of a Nothing Bundt Cakes® Bakery is $431,587 to $600,387, excluding extension fees. This includes $63,800 to $65,800 that must be paid to the franchisor and its affiliate.
The franchisor also offers an Area Development Agreement for the establishment and operation of multiple Nothing Bundt Cakes® Bakeries in a specified development area. The Area Development Fee is $35,000 for the first Bakery developed under the Area Development Agreement and $25,000 for each additional bakery developed under the Area Development Agreement.
The total investment necessary to begin operation of the first Bakery under an area development business is $456,587 to $650,387, excluding extension fees. This includes $88,800 to $113,800 that must be paid to franchisor or an affiliate in connection with opening the first Bakery.

"Entrepreneur

#45 in Franchise 500 for 2020.
#16 in Franchise 500 for 2021.