What is the typical investment required to open a fun, exciting Great Harvest Bread Co. bakery cafe?
Expense | Range | Average |
---|---|---|
Initial Franchise Fee | $35,000 | $35,000 |
Expenses While Training | $2,049 - $10,300 | $5,542 |
One Month's Rent | $2,500 - $32,892 | $9,676 |
Real Estate & Improvements | $965 - $287,500 | $133,571 |
Equipment | $84,785 - $234,353 | $147,793 |
Exterior Signage | $4,059 - $15,321 | $9,683 |
Prepaid Expenses (City, County, State, Landlord) | $4,500 - $32,000 | $10,240 |
Opening Inventory (Ingredients & Supplies) | $10,000 - $25,949 | $19,888 |
Grand Opening Advertising | $12,000 | $12,000 |
Organizational Costs (Legal, Utilities) | $820 - $19,116 | $8,069 |
Working Capital (Cash Reserves) | $20,000 | $20,000 |
TOTAL ACTUAL INVESTMENT* | $311,061 - $591,860* | $411,463* |
* The total actual investment is a range of actual investments, and is not the sum of the numbers in the above table.
What does a new Bakery Cafe look like?
Enjoy this walk-through of our latest design:
(This video starts with a view outside a 3D design software layout of a new bakery cafe and then moves through the 3D view showing the lobby and front counter area of the bakery cafe. Music plays.)
Franchise Costs Questions & Answers
Individual needs and desires may vary. For instance, size of territory, square footage of space, rent per square foot and level of mechanization desired.
When looking at how you will finance a business there are different options for you to consider. Our franchisees are using the following methods; traditional bank lending, SBA loans, family financing and personal or business lines of credit or a combination of these, in order to obtain adequate financing.
Your local bank or a SBA approved lender: Banks still want to lend money and franchising is a favorable option. They know there is a proven track record, training systems in place, and continued support from the franchisor. Great Harvest franchisees are eligible for an expedited and streamlined SBA loan processing through the SBA's Franchise Registry Program. Go to the Franchise Registry website for more information.
Next: Startup Facts
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