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Below is an in-depth analysis and side-by-side comparison of Southern Maid Donuts vs Gigi's Cupcakes including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $64,000 - $227,000 | $226,700 - $425,500 |
Franchise Fee | $5,000 | $35,000 |
Royalty Fee | - | 5% |
Advertising Fee | - | 2.5% |
Year Founded | - | 2007 |
Year Franchised | - | 2008 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
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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 |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/Yes |
Training & Support |
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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 |
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US Expansion | - | No |
Canada Expansion | - | - |
International Expansion | - | - |
Southern Maid Donuts began in 1937 by Mr. and Mrs. J.B. Hargrove. A
young couple coming out of the throws of the Great Depression, they
created Southern Maid because they saw the need in the market for
quality donuts. They created their own recipes, which have stood the
test of time. Quality ingredients and uncompromised procedures are
reason for the continued success of the Hargrove family to this very
day.
The product was so well accepted that besides selling donuts in their
privately owned shops that they were sought out by individuals wanting
to use Southern Maid products in their own bakeries and stores. The
Hargrove couple began to license their trademark and to help individuals
realize their dreams of owning their own businesses. Today, Southern
Maid is used in over 100 stores.
The Southern Maid name came about because of being from the South. Mr.
and Mrs. Hargrove wanted a name that encompassed a feeling as well as
humble southern traditions and memories. Part of this Southern Maid tradition was a large sponsorship for several years of the Louisiana
Hayride Show in Shreveport, Louisiana. Many a young entertainer sang the
praises of Southern Maid Donuts. An interesting note: Elvis did the
only commercial of his life for any product on November 6th, 1954 for Southern Maid Donuts. He sang the jingle. "You can get them piping hot
after 4 P.M., you can get them piping hot, Southern Maid Donuts hits the
spot, you can get them piping hot after 4 P.M." Elvis frequented the
Shreveport store for donuts on his visits to the Louisiana Hayride.
Other entertainers that sang the praises of Southern Maid include Minnie
Pearl, Johnny Horton, and Johnny Cash. The Johnny Cash version was
released on the Best of the Louisiana Hayride Volume 4.
Southern Maid products are also used institutionally in the form of
pancake and muffin mixes. The Hargroves had created a pancake mix for
home use. Over time, the mix was given to friends and family members.
The requests for the mix got so large that they began to package it in
50-pound bags for selling to hotels and restaurants.
Southern Maid has remained a tradition in the South because of the
continued use of quality ingredients and procedures. We have been family
owned since inception in 1937. Though Mr. and Mrs. Hargrove have since
passed on, Southern Maid has evolved into the second and third
generations of family ownership and management.
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/