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Below is an in-depth analysis and side-by-side comparison of Great American Bagel vs Michel's Baguette including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $230,000 - $300,000 | $350,000 - $800,000 |
Franchise Fee | $20,000 | $40,000 |
Royalty Fee | 4% | - |
Advertising Fee | 2% | - |
Year Founded | 1987 | - |
Year Franchised | 0 | - |
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 | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | Yes |
International Expansion | - | - |
The Great American Bagel opened its first bagel bakery in 1987 in Westmont, Illinois, a western suburb of Chicago. This store was so well received that within a few short years, The Great American Bagel began opening bagel bakeries throughout Chicago and offering The Great American Bagel franchises to those seeking exciting new business opportunities. Today, The Great American Bagel proudly operates many restaurants across the United States, Ireland, Canada as well as in the Middle East.
Michel’s Bakery Café is a café chain found throughout Canada. The main
draw is the beverages, both hot (coffee, cappuccino, latte, espresso,
and hot chocolate) and cold (smoothies, juices, soft drinks, and bottled
water). In addition to drinks, Michel’s Bakery Café also has a sizeable
selection of foods. With a menu that includes breads and pastries,
sandwiches, soups and salads, and breakfast items, Michel’s Bakery Café
is sure to satisfy its customers’ cravings.