Grand Traverse vs Gigi's Cupcakes Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Grand Traverse vs Gigi's Cupcakes including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Grand Traverse Franchise
Gigi's Cupcakes Franchise
Investment $400,000 - $500,000$226,700 - $425,500
Franchise Fee $25,000$35,000
Royalty Fee 5%5%
Advertising Fee -2.5%
Year Founded 19962007
Year Franchised 19962008
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee $2500-


Business Experience Requirements
 
Grand Traverse Franchise
Gigi's Cupcakes Franchise
Experience -

You will need prior experience in running a business, preferably retail. Passion - We want you to be excited and enthusiastic about owning a cupcake shop. Involvement - You are expected be involved in your business on a daily basis, because we find greater success with owners that are actively involved in the operation of their shop. This business requires real commitment, attention to detail, and hard work.

Financing Options
 
Grand Traverse Franchise
Gigi's Cupcakes 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
 
Grand Traverse Franchise
Gigi's Cupcakes Franchise
Training -On-The-Job Training: 91 hours Classroom Training: 52 hours
Support -Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing -Ad Templates National Media Social media SEO Email marketing Loyalty program/app
Operations --

Expansion Plans
 
Grand Traverse Franchise
Gigi's Cupcakes Franchise
US Expansion -No
Canada Expansion --
International Expansion --

Company Overviews

About Grand Traverse

The Grand Traverse Pie Company is a restaurant and pie shop which began in Traverse City, Michigan, and now has 15 locations in Michigan and Indiana. We offer more than just amazing pie, we also serve breakfast, lunch, and dinner. Customers love our sandwiches, salads, soups, quiche, pot pies, pasties, baked goods, and coffee. We also serve as a WiFi cafe destination in our communities.
The Grand Traverse Pie Company strives to support Michigan business by using Michigan products, ingredients, and vendors.

About Gigi's Cupcakes

If you are looking for a great opportunity, and you have the business acumen and financial wherewithal, Gigi's Cupcakes may be the concept and opportunity you have been looking for. We have a business model that yields high volume sales with lower occupancy and build-out costs than what you might expect. We also have lower labor and food costs than typical food service franchises. All this adds up to an opportunity that can change your life. Gigi's is committed to making sure we choose the right people to join us in building Gigi's Cupcakes locations nationally. We have learned what it takes to be a successful Gigi's Cupcakes owner and have summarized those qualifications for your consideration: Capital Requirements - You will need liquid assets of approximately $100,000 and total net worth of $250,000. This can be done individually or with family members or investors that sign on with you. We will provide you with total support along the way including: Site selection Lease review and negotiation Design/Layout and Construction Equipment Sourcing Training Marketing Grand Opening support Ongoing marketing and operational support If you would like to arrange a meeting: For further information go to http://www.gigiscupcakesusa.com/becomeanowner or you could try http://www.thefranchisemall.com/request/