Grand Traverse vs Duck Donuts Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Grand Traverse vs Duck Donuts including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$400,000 - $500,000 | $348,350 - $568,000 |
Franchise Fee |
$25,000 | $30,000 |
Royalty Fee |
5% | 5% |
Advertising Fee |
- | 2% |
Year Founded |
1996 | 2006 |
Year Franchised |
1996 | 2013 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
$2500 | - |
Business Experience Requirements |
Experience |
- | We require a minimum of $150,000 in liquid funds (cash, savings, mutual funds, stocks, etc.) and a minimum of $500,000 in total net worth to financially support opening a new Duck Donuts franchise. |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
- | On-The-Job Training: 24 hours
Classroom Training: 16 hours |
Support |
- | Purchasing Co-ops
Newsletter
Meetings/Conventions
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Franchisee Intranet Platform
|
Marketing |
- | Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing |
Operations |
- | - |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
- | - |
International Expansion |
- | Yes |
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 Duck Donuts
Duck Donuts prides itself on providing its customers warm, delicious and
made-to-order donuts in a unique in-store experience. We are seeking
experienced franchisees who share our vision and commitment of offering a
welcoming, family-friendly and delicious experience as we continue our
growth throughout the United States.
#486 in Franchise 500 for 2020.