Multi-Unit Franchisee Magazine Special Edition | Page 52

Multi-Unit Buyer’s Guide FOOD QUALIFICATIONS We are looking for owners with suffi cient expertise and capital to successfully operate multiple Great Harvest stores. We require domestic multi-unit franchise applicants to have a minimum net worth of $3 million, and a minimum of $1 million in liquid capital. Previous multi-unit franchising and restaurant operations experience are strongly preferred but not required. FAST FACTS: FRANCHISING SINCE: 1978 “ Isn’t it time for Panera Bread to have some competition? Your time is now.” MULTI-UNIT FRANCHISE OPERATING UNITS: 22 TOTAL OPERATING UNITS: 223 COMPANY OPERATING UNITS: 3 CAPITAL INVESTMENT: $423,469 FRANCHISE FEE: $20,000 ROYALTY FEE: 5% ADVERTISING FEE: 2.5% EARNINGS CLAIMS: Yes BUILD-OUT OPTIONS: Open AVAILABLE TERRITORIES: All 50 States & International CONTACT HEIDI MELENDEZ Director of Franchise Sales (406) 683-1646 [email protected] www.greatharvest.com 50 DEMOGRAPHICS Great Harvest makes it easy to own your territory. Although we have four decades of franchising under our belt and over 210 stores across the country, we have only recently begun awarding franchise contracts to multi- unit owners. That’s great news for you because we still have many territories available! SITE ASSISTANCE Your assigned Site Selection expert will evaluate locations. He or she will provide a fi nancial analysis and draft Letters of Intent for promising locations. Your Site Selection expert will review your lease and make sug- gestions as you negotiate with landlords. RANKINGS & AWARDS • Top 500 Franchise list for 18+ years. FranchiseRankings.com • Best Bakery & Café Deli Franchises and Top 100 Best Overall Franchises • Military Times #12 “Best for Vets: Franchises 2017”. 2017 Annual Edition OPPORTUNITY DESCRIPTION Now is your opportunity to become the main alternative to Panera in your area. You can open 5 of our Bakery Café’s in our new “hub and spoke” format for less than the price of opening a single Panera. They operate in a smaller footprint than a big box fast casual restaurant, with seating for 25-35 people Your total investment will be less than $2MM and you can average over $750K per store with annual profi t percentage of 14.98%. Payback can be under 3 years. See our FDD for details.