
Great Harvest
Bakery cafes- 2023 Franchise 500 Rank
-
N/R Ranked #331 last year
- Initial investment
-
$177K - $725K
- Units as of 2022
-
173 5% over 3 years
Company Overview
About Great Harvest
Industry | Food |
---|---|
Related Categories | Bakery Cafes, Baked Goods, Miscellaneous Baked Goods |
Founded | 1976 |
Parent Company | Great Harvest Franchising Inc. |
Leadership | Mike Ferretti, CEO |
Corporate Address |
28 S. Montana St. Dillon, MT 59725 |
Social | Facebook, Twitter, Instagram |
Business Overview
Franchising Since | 1978 (45 years) |
---|---|
# of employees at HQ | 30 |
Where seeking |
This company is offering new franchisees throughout the US. This company is offering new franchisees in the following international regions: Australia/New Zealand, Middle East, Europe (Eastern), Canada |
# of Units | 173 (as of 2022) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Great Harvest franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$35,000 |
---|---|
Initial Investment
|
$176,678 - $725,431 |
Net Worth Requirement
|
$500,000 |
Cash Requirement
|
$150,000 |
Veteran Incentives
|
15% off franchise fee |
Royalty Fee
|
5% |
Ad Royalty Fee
|
2.5% |
Term of Agreement
|
10 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | Great Harvest has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory |
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Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 200 hours |
---|---|
Classroom Training | 93 hours |
Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where Great Harvest landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
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