My Favorite Muffin vs Gigi's Cupcakes Franchise Comparison

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

Start-Up Costs and Fees
 
My Favorite Muffin Franchise
Gigi's Cupcakes Franchise
Investment $104,500 - $405,000$226,700 - $425,500
Franchise Fee $25,000$35,000
Royalty Fee 5%5%
Advertising Fee 3%2.5%
Year Founded 19872007
Year Franchised 19882008
Term Of Agreement 10 years +1010 years
Term Of Agreement 10 years +1010 years
Renewal Fee --


Business Experience Requirements
 
My Favorite Muffin 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
 
My Favorite Muffin Franchise
Gigi's Cupcakes Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/Yes-/Yes
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/Yes
Payroll -/--/Yes

Training & Support
 
My Favorite Muffin Franchise
Gigi's Cupcakes Franchise
Training Our Training Sets Your Business Apart! Our goal is to help you achieve excellence in every aspect of your business. Towards that ambitious goal, you and your key personnel will receive intensive training that covers all areas of the operation. Our training program, comprised of hands-on learning in our company-owned location and classroom instruction includes:
  • Day-to-day restaurant operations
  • Hiring, training, and retaining good employees
  • Maintaining financial controls
  • Orientation to your Marketing team that will coordinate your local advertising
  • Operational training at your location as you open
    		• On-The-Job Training: 91 hours Classroom Training: 52 hours
    Support Our Support Sets Your Business Apart! As a franchisor, BAB Systems, Inc. has always focused heavily on the level of support it provides to its franchisees and the importance of open lines of communication to foster strong franchisee relationships. Franchisees know they can count on us to watch our position within the industry and do what it takes to keep up with ever-changing consumer preferences and innovations in franchise support. Of course, since the first franchise, technological advancements have changed the face of franchising. Accordingly, as its product offering has evolved, so has its franchise support program, which now includes an exclusive franchise intranet web site. As a BAB Systems, Inc. franchisee, you'll receive guidance and assistance with the key steps involved in getting your new business up and running. Pre-opening support includes:
  • Site selection assistance.
  • Restaurant layout and design.
  • Coordination with national and regional suppliers.
  • Equipment, merchandise and services at negotiated rates.
  • Grand Opening marketing campaign.
  • Full seasonal marketing strategies, complete with compact disc for local production of advertising and other marketing materials.
  • E-Mail subscription program, through which participating franchisees are kept informed up to the minute on important breaking news as well as surveyed for their feedback.
  • A password-protected BAB Franchisee Intranet featuring a download center, on-line sales reporting, resource center and trading post. The BAB Systems, Inc. franchise program is designed to help franchise owners reach their individual growth potential. Whether you are interested in owning one or several BAB Systems, Inc. stores, we'll work with you to determine the growth options that are right for you.
    		• 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 Average Number of Employees: 3 Full-time, 11 Part-time

    Passive Ownership: Allowed, But Discouraged

    		-

    Expansion Plans
     
    My Favorite Muffin Franchise
    Gigi's Cupcakes Franchise
    US Expansion YesNo
    Canada Expansion --
    International Expansion Yes-

    Company Overviews

    About My Favorite Muffin

    There's More In Store Than Ever Before! "Our success begins with fresh, made-from-scratch, premium bakery and baked goods...bagels, breads, muffins, and more. And, because the majority of our restaurants are both manufacturing and retail units, we have a streamlined distribution and operating system. Our unique approach in offering fresh, made-from-scratch food to our customers - coupled with a low initial investment level - is a formula for success. Success from scratch that is..." -- Michael W. Evans President and Chief Executive Officer Since 1993, BAB, Inc. has grown into a nationally-known franchisor of a restaurant concept with complementary products, a reasonable investment level, and an inherent competitive advantage as the low-cost producer in our segment. "We hope you will enjoy browsing our web site for more information about our business, the strength of our franchise organization, specialty holiday and year-round gift-giving opportunities, and investment opportunities. Today and always at BAB...there is more in store than ever before!" As a MY FAVORITE MUFFIN franchisee, you get to create and sell over 300 varieties of our special muffins in both regular and fat-free varieties. Where applicable, you can add BIG APPLE BAGELS and BREWSTER'S COFFEE to complement your wonderful muffins.

    The total initial investment necessary to begin operation of your first BAB Production Store ranges from $298,000 - $405,000, including $32,500 you must pay the franchisor or its affiliates.
    The total initial investment necessary to begin operation of your first BAB Satellite Store ranges from $104,250 - $283,000, including $18,000 you must pay the franchisor or its affiliates.
    The total investment necessary to begin operation of your franchised BAB Area Development business is from $45,000 to $205,000, all of which you must pay the franchisor. That investment is in addition to the initial investment for your BAB Store. Under the Area Development Agreement, you must open a minimum of 2 BAB Stores.

    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/