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.