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Home >> Baked Goods >> Bagels
 Great American Bagel, The 519 N. Cass Ave., # 1W Westmont, IL 60559 |
Submit an online form to receive information from Great American Bagel, The.
|
Business Description
Bagel bakery and restaurant, specializing in freshly made bagels - made daily from scratch on the store premises. Stores feature monthly specials along with 28 varieties of bagels daily. In addition, each store also prepares it's own fresh cream cheeses!
Franchisor Background
Year Established: 1987
Franchising Since: 1994
North America:
States/Provinces with the largest number of operating units:
Registered in Following Registration States: Florida, Illinois, Indiana, Michigan, Minnesota, North Dakota, Washington, Wisconsin
Financial Requirements
Average Number of Employees: 3 Full-time, 9 Part-time
Space Needs (in square footage): 2,000
Preferred Sites: Free-standing Building, Storefront, Strip Center, Regional Mall
Other Sites:
Encourage Conversions? Not Applicable
Earnings Claims Provided?: No
Bagel bakery and restaurant, specializing in freshly made bagels - made daily from scratch on the store premises. Stores feature monthly specials along with 28 varieties of bagels daily. In addition, each store also prepares it's own fresh cream cheeses!
Franchisor Background
Year Established: 1987
Franchising Since: 1994
| Operating Units: | |||||||||||||||||||||||||||||||
Franchised Units: | 201 | 93.5% | | ||||||||||||||||||||||||||||
| Company-Owned Units: | 14 | 6.5% | |||||||||||||||||||||||||||||
Total Operating Units: | 215 | 100.0% | |||||||||||||||||||||||||||||
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States/Provinces with the largest number of operating units:
| Density | Units |
| 1. Illinois | 25 |
| 2. Indiana | 2 |
| 3. Washington | 3 |
Registered in Following Registration States: Florida, Illinois, Indiana, Michigan, Minnesota, North Dakota, Washington, Wisconsin
Financial Requirements
| Investment: | |
| Minimum Net Worth: | $250K |
| Cash Investment: | $60-80K |
| Total Investment: | $230-280K |
| Average Total Investment: | $255K |
| Fees: | |
| Initial Franchise Fee: | $20K |
| Average Franchise Fee: | $20K |
| On-Going Royalty: | 4% |
| Average Royalty: | 4% |
| Advertising Fee: | 2% |
Space Needs (in square footage): 2,000
Preferred Sites: Free-standing Building, Storefront, Strip Center, Regional Mall
Other Sites:
Encourage Conversions? Not Applicable
Earnings Claims Provided?: No
| Franchisee Qualifications | |||||||||
Ranked from 1 (unimportant) to 5 (important): | |||||||||
| Financial Net Worth: | 5 | ||||||||
| General Business Experience: | 3 | ||||||||
| Specific Industry Experience: | 2 | ||||||||
| Formal Education: | 3 | ||||||||
| Psychological Profile: | 4 | ||||||||
| Personal Interview(s): | 5 | ||||||||
| Terms of Contract | |||||||||
| Term of Initial Contract: | 20 Year(s) | ||||||||
| Term of Renewal Period: | 5 Year(s) | ||||||||
| Passive Ownership: | Not Allowed | ||||||||
| Area Development Agreements? | No | ||||||||
| Sub-Franchising Contracts? | No | ||||||||
| Franchisees Allowed to Expand Within Territory? | Yes | ||||||||
| Support and Training | |||||||||
| International Franchise Association: | No | ||||||||
| Canadian Franchise Association: | No | ||||||||
| Franchisee Association/Member: | Yes, Member | ||||||||
| Size of Corporate Staff: | N/A | ||||||||
| Site Selection Assistance? | Yes | ||||||||
| Lease Negotiation Assistance? | Yes | ||||||||
| Financial Assistance? | No | ||||||||
| Marketing Support: | |||||||||
| Co-Op Advertising: | No | ||||||||
| National Advertising: | No | ||||||||
| Regional Advertising: | No | ||||||||
| Local Advertising: | No | ||||||||
| Marketing Materials: | None Specified | ||||||||
| Additional Services: | None Specified | ||||||||
| Other Marketing Support: | None Specified | ||||||||
| On-Going Support: | |||||||||
| Central Data Processing: | Not Applicable | ||||||||
| Central Purchasing: | Included in Fees | ||||||||
| Field Operation Evaluation: | Included in Fees | ||||||||
| Field Training: | Included in Fees | ||||||||
| Initial Store Opening: | Included in Fees | ||||||||
| Inventory Control: | Not Applicable | ||||||||
| Franchisee Newsletter: | At Additional Cost | ||||||||
| Regional or National Meetings: | At Additional Cost | ||||||||
| 800 Telephone Hotline: | Not Applicable | ||||||||
| Training: | |||||||||
| 1. Western Springs, IL | 4 Weeks | ||||||||
| Expansion Plans | |||||||||
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Submit an online form to receive information from Great American Bagel, The.
|
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