- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$168K - $984K
- Units as of 2024
-
159 11% 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 (46 years) |
---|---|
# of employees at HQ | 30 |
Where seeking |
This company is offering new franchises throughout the US. This company is offering new franchises in the following international regions: Australia/New Zealand, Middle East, Europe (Eastern), Europe (Western), Canada, South America |
# of Units | 159 (as of 2024) |
|
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
|
$168,262 - $984,154 |
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, accounts receivable |
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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
Curious to know where Great Harvest ranked on other franchise lists? Find out below.
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