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Franchise: Great Harvest Franchising Inc.

Initial Investment
LOW:$334,281
HIGH: $521,966
Change in Units
-3.5% -7 UNITS (1 Year)
-9.9% -21 UNITS (3 Years)

Ongoing Support
Meetings
Toll-Free Line
Grand Opening
Field Operations
Marketing Support
Ad Slicks
Regional Media

Training Onsite: 200 hours

Training at headquarters: 3 weeks

Additional Training: Additional training

About Great Harvest Franchising Inc.

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.

Founded

1976

Franchising Since

1978 (39 Years)

Corporate Address

28 S. Montana St. Dillon, MT 59725

CEO

Mike Ferretti

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Financial Requirements

Initial Investment

$334,281 - $521,966

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

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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: March 16th, 2017

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