Great Harvest Franchising Inc.
Bread bakeries

Great Harvest Franchising Inc.
Bread bakeries

About
Founded

1976

Franchising Since

1978 (40 Years)

Corporate Address

28 S. Montana St.
Dillon, MT 59725

CEO

Mike Ferretti

Financial Requirements
Initial Investment

$242,620 - $589,762

Net-worth Requirement

$500,000

Liquid Cash Requirement

$130,000 - $140,000

Ongoing Fees
Initial Franchise Fee

$20,000 - $30,000

Ongoing Royalty Fee

5%

Ad Royalty Fee

2.5%

Financing Options

Great Harvest Franchising Inc. has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment

Veteran Incentives

15% off franchise fee

Support Options
Ongoing Support

Meetings/Conventions

Toll-Free Line

Grand Opening

Field Operations

Site Selection

Franchisee Intranet Platform

Marketing Support

Ad Templates

Regional Advertising

Social media

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

120 hours

Classroom Training:

120 hours

Additional Training:

Additional training

Bio
Pete Wakeman had been baking bread most of his life. As a child, he would help his aunt. In high school, he baked for his friends. During summer vacations, he sold bread from the roadside. In 1976, when Wakeman heard about a bakery in Great Falls, Montana, that was going under, he bought it. With the help of his wife, Laura, Wakeman established the Great Harvest Bread Co. and set about baking loaves for people in the Great Falls community. Soon, people from neighboring communities started asking about setting up their own Great Harvest locations. The first franchise opened in Kalispell, Montana. In 1983, the Wakemans converted their Great Falls bakery into a franchise and moved company headquarters to Dillon, Montana, so they could concentrate on the franchising end of their business. Great Harvest bakeries serve a variety of breads each day including honey whole wheat, white cheddar garlic, sunflower and cranberry orange.
Cost
Initial Investment: Low - $242,620 High - $589,762
Units
-4.7%-9 UNITS (1 Year) -12.9%-27 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units worldwide.
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

Franchise Articles

5 Steps of the New Model of Revenue Recognition for Franchisors

The new rules around revenue recognition are lengthy and complex. Here's what you need to know.

Here's How You Can Avoid Being a Victim of Franchise Fraud

It is important for prospective franchisees to take adequate steps to protect themselves to avoid being a victim of a fraud

The Top 5 Business Service Franchises From the Franchise 500

Open a franchise and help others with their businesses, too.

These Roommates Changed Their Lives for a Sandwich -- and Built a Franchise Empire

Ashley Morris and Jason Smylie have known each other since they were eight years old. Here's how they maintain a healthy work relationship today.

Want to Buy a Franchise? Here's Your Step By Step Guide

Franchising is one of the safest ways of becoming a business owner

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: October 4th, 2017
My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.