Great Canadian Bagel vs The Submarine Station Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Great Canadian Bagel vs The Submarine Station including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Great Canadian Bagel Franchise
The Submarine Station Franchise
Investment $85,000 - $350,000N/A
Franchise Fee $20,000$8,000
Royalty Fee -$500/mo
Advertising Fee --
Year Founded 1993-
Year Franchised 1994-
Term Of Agreement -5 years
Term Of Agreement -5 years
Renewal Fee --


Business Experience Requirements
 
Great Canadian Bagel Franchise
The Submarine Station Franchise
Experience --

Financing Options
 
Great Canadian Bagel Franchise
The Submarine Station Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Great Canadian Bagel Franchise
The Submarine Station Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Great Canadian Bagel Franchise
The Submarine Station Franchise
US Expansion --
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 The Submarine Station

As a company grows there are three main methods of growth to choose from: sole proprietorship, joint venture, or franchising. The franchise system is an exciting model because of the common shared interest in the founding company (the Franchisor) and the small business owner (the Franchisee) that both want the system to work. The problem with most franchising models is that a Franchisee is under such stringent restrictions from the Franchisor. Understandably, the Franchisor has a huge interest in protecting the brand. This interest in protecting the brand has inherent drawbacks that now become the Franchisee's issues. A few of these drawbacks are: real estate long-term leasing or purchasing, expensive proprietary equipment, forced product price points, etc. Who pays for this in the end? Well, the Franchisee does. Who looks out for the Franchisee? The Submarine Station will!