|
Below is an in-depth analysis and side-by-side comparison of A Grande Finale vs Gigi's Cupcakes including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $125,938 - $237,750 | $226,700 - $425,500 |
Franchise Fee | $35,000 - $60,000 | $35,000 |
Royalty Fee | 5%-6% | 5% |
Advertising Fee | 2% local 1% corp. | 2.5% |
Year Founded | 1999 | 2007 |
Year Franchised | 2007 | 2008 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
||
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 |
||
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 |
||
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 |
||
US Expansion | Yes | No |
Canada Expansion | - | - |
International Expansion | - | - |
NO LONGER FRANCHISING
A Grande Finale Patisserie Franchise Owner
* Become part of a growing franchise with a proven operating system.
* Use of trademark, logo and photos.
* Decadent desserts and beverages made with quality ingredients and skill.
* Proprietary and proven recipes of our gourmet desserts and sauces. (If full patisserie is awarded)
* Complete Operations Manual.
* Assistance with site selection and lease negotiations.
* Comprehensive marketing and merchandising program.
* Outstanding training and ongoing franchise support to help you achieve your goals.
* Incredible branded product line with focus on keeping it exciting and delightful to our customers.
* Commitment from a Franchisor who is truly devoted to the success of every Franchise owner.
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/