Gigi's Cupcakes vs Hurts Donut Company Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Gigi's Cupcakes vs Hurts Donut Company including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
| Investment |
$226,700 - $425,500 | $553,000 - $1,076,000 |
| Franchise Fee |
$35,000 | $35,000 |
| Royalty Fee |
5% | 7% |
| Advertising Fee |
2.5% | 2% |
| Year Founded |
2007 | 2013 |
| Year Franchised |
2008 | 2014 |
| 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 |
No | Yes |
| Canada Expansion |
- | - |
| International Expansion |
- | - |
Company Overviews
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/
About Hurts Donut Company
!["Hurts]("https://fddexchange.com/wp-content/uploads/2020/07/Hurts-Donut-Company.jpg")
Who is Hurts Donut?! How did it get started?! Well, the running joke is that Tim said it would be cheaper to open a donut shop than support my donut addiction! November 17th 2013, THE DAY BEFORE WE OPENED, we made our very first donut! The VERY FIRST donut either of us had ever made and it was just twelve hours before we opened our doors to the public... (that's not a typo!) We learned how to make donuts on YOUTUBE, bought all of our equipment on Craigslist and didn't even know if any of it would turn on. (Irresponsible? Maybe... Crazy passionate, motivated and fearless attitude!! DEFINITELY!!)We had less than $7 left in our bank account when we opened the doors to the public, and now there are 16 stores in the US! (The best part is, we are just getting started!!)In 2016 and 2017 we won an award that makes me exceptionally emotional... Hurts Donut received the Economic Impact of the year award for 1-5 years in business. WE SHARED THE STAGE WITH BASS PRO AND PRIME TRUCKING!!! (Are you serious?!) Prime did 1.8 BILLION dollars in revenue last year. And our little donut shop, less than 4 years old, was honored on the SAME STAGE as the most incredible businesses in Springfield. Their stories inspirational beyond measure. How could we possibly be in such good company?! Never, in my wildest dreams, did I think we would be where we are today.I'm so astronomically in love and thankful for my husband who is intelligent, business minded, hard working and selfless. Tim attributes our growth to his diagnosis of multiple sclerosis, it was the start of our model for giving back to those in need. We truly, truly, believe that you get what you GIVE. So we promised ourselves whenever we get, we give!! I remember feeling misplaced years before this, my heart was built for giving and I could never give enough. This business has given us so much purpose and your support gives us the means to give back to the community in an unimaginable way. We have been able to share our blessings and help so many people in need. Franchising was absolutely terrifying to me. I'm so passionate about my business and I couldn't imagine anyone loving Hurts Donut the way I do!! Our franchises have brought amazing people close in my life!! It is the best thing, being able to call someone every day that can truly relate and understand my immense JOYS. They have by far exceeded our expectations and I am BEYOND proud of the hard work and success our franchisees have brought to our name!! I know every one of us will continue to pray and dream and work ourselves NUMB!! I owe the most colossal thank you to our outstanding employees, whose personalities are as colorful as the donuts in our case! Our over-willing managers and trainers who are so extremely talented and hard working! There's definitely a sense of family. Shout out to two very special employees, Misty and Ian who have been employed with us from day one and are still going strong today!! We started with SIX employees the day Hurts OG opened in Springfield!! Our Tulsa store sold 24,000 donuts opening day and had 112 employees the day they opened if that gives you an idea of how far we have come!!!
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