Great
Harvest Bread Co. has a proven business model, a national brand and a
supportive and interactive community of fellow bakery owners nationwide that
provide franchisees with the ingredients they need for personal and professional
fulfillment.Great Harvest bakeries mill
whole grains of wheat into fresh ground flour and mix in the finest ingredients
to create premium whole grain wheat loaves that are baked fresh daily.
In
promoting healthy and delicious bread products, Great Harvest franchisees enjoy
an environment that allows them to express their individual personalities.Great Harvest is devoted to its Freedom
Franchise™ concept, straying away from the typical cookie-cutter franchise
organizational structure to allow franchisees to retain autonomy in running
their business while benefitting from Great Harvest’s proven framework.
Operating Units
12/31/2006
12/31/2007
12/31/2008
Franchised
180
186
188
% Change
--
3.3%
1.1%
Company-Owned
0
0
0
% Change
--
0.0%
0.0%
Total
180
186
188
% Change
--
3.3%
1.1%
Franchised as % of
Total
100.00%
100.00%
100.00%
Investment
Required
The
fee for a Great Harvest franchise is $35,000.
Great
Harvest provides the following range of investments required to open your
initial franchise. The range assumes that all items are paid for in cash. To
the extent that you choose to finance any of these expense items, your
front-end investment could be substantially reduced.
Item
Established Low
Range
Established High
Range
Franchise Fee
$35,000
$35,000
Training Expenses
$381
$12,908
Rent (3 months)
$4,455
$19,350
Real Estate and Improvements
$8,348
$250,000
Equipment
$35,248
$166,801
Signage
$615
$23,793
Prepaid
Expenses and Deposits
$400
$21,232
Initial Inventory
$2,750
$40,171
Opening Advertising
$400
$9,571
Organizational Costs, Miscellaneous
Expenses
$425
$42,475
Additional Funds (3 months)
$5,000
$96,500
Total Investment
$93,022
$717,801
On-going
Expenses
Great
Harvest franchisees pay royalty fees equal to 4-7% of monthly gross sales.
What You Get—Training
and Support
Great
Harvest franchisees spend at least three weeks on the road in bakeries and in
Dillon, MT at the home office for pre-opening training. “Location hunters�? and
project managers provide support during the pre-opening process, and fellow
bakery owners share their secrets of success as they teach new franchisees to make
whole grain products using proven systems. During Dillon Learning Week,
franchisees learn what goes into a successful bakery.
For
the first 6 to 12 months after opening, franchisees work closely with a
specialist who helps maintain and grow their bakeries. Franchisees are also
provided with ongoing marketing support, production guidance, training
materials for employees, recipe development, practical business advice, expert
field visits and a group-purchasing program. Great Harvest franchisees benefit
from an annual convention, the Breadboard intranet service, newsletters, e-mail
bulletins from the field and regular phone contact with field representatives.
