Great American Bagel, The
Great American Bagel, The
519 N. Cass Ave., # 1W
Westmont, IL 60559
800#: (888) 224-3563
Tel: (630) 963-3393
Fax: (630) 963-7799
E-Mail: [email protected]
Web Site: www.greatamericanbagel.com
Contact: Mr. Chris Lettieri, President
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
Established: 1987
First Franchise: 1994
Franchise Units: 201
Company-Owned Units: 14
Total Units: 215
Distribution:
U.S. -- 215;
Canada -- 0;
International -- 0
-North America -- Operations in 10 States
-States/Provinces with Greatest Density: 25 in IL, 3 in WA, 2 in IN
Projected New Units Over Next 12 months: 20
Franchisee Qualifications: 5, 3, 2, 3, 4, 5
(Click here for an explanation)
Registered in Following Registration States: FL,IL,IN,MI,MN,ND,WA,WI (Click here for an explanation)
Average Number of Employees: 3 FT, 9 PT (FT = Full Time, PT = Part Time)
Space Needs: 2,000 SF; FS, SF, SC, RM
(Click here for abbreviations)
Encourage Conversion: NA
Financial Requirements
Cash Investment: $60-80K
Total Investment: $230-280K
Average Total Investment: $255.0K
Minimum Net Worth: $250K
Fees:
-Franchise: $20K
-Average Franchise Fee: $20.0K
-Royalty: 4%
-Average Royalty: 4.0%
-Advertising: 2%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 20/5
Passive Ownership: Not Allowed
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: No
Cooperative Advertising: NA
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: Yes
Size Of Corporate Staff: NR
On-Going Support: B,C,D,E,g,h (Click here for an explanation)
Training: 4 Weeks Western Springs, IL.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: No
Overseas: No
Note: NR = No Response by Franchisor.
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