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Updated RecentlyGreat Canadian Bagel vs My Friend's Place Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Great Canadian Bagel vs My Friend's Place including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $85,000 - $350,000 | $156,650 - $260,400 |
| Franchise Fee | $20,000 | $20,000 |
| Royalty Fee | - | 5% |
| Advertising Fee | - | 1% |
| Year Founded | 1993 | 1980 |
| Year Franchised | 1994 | 1980 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| 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 | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | 1. Headquarters 12 Business Days 2. Franchisee Site 12 Business Days |
| Support | - | Field Operation Evaluation Field Training: At Additional Cost Initial Store Opening Inventory Control: At Additional Cost |
| Marketing | - | - |
| Operations | - | Average Number of Employees: 2 Full-time, 2 Part-time Passive Ownership: Not Allowed |
Expansion Plans |
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| 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 My Friend's Place
A quality franchise opportunity for your financial independence and future. Our restaurants cater to the quality-oriented customer interested in a quick, yet light and healthy lunch, specializing in sandwiches, salads, soups and home-made desserts. MY FRIEND'S PLACE is a 'Fresh Food Express!'