Start-Up Costs and Fees |
||
| Grand Traverse | Gigi's Cupcakes | |
| Investment | 400000 - 500000 | 226700 - 425500 |
| Franchise Fee | ||
| Royalty Fee | 5% | 5% |
| Advertising Fee | 2.50% | |
| Year Founded | 1996 | 2007 |
| Year Franchised | 1996 | 2008 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Grand Traverse | Gigi's Cupcakes | |
| Experience | You will need prior experience in running a business, preferably retail. Passion - We want you to be excited and enthusiastic about owning a cupcake shop. Involvement - You are expected be involved in your business on a daily basis, because we find greater success with owners that are actively involved in the operation of their shop. This business requires real commitment, attention to detail, and hard work. | |
Financing Options |
||
| Grand Traverse | Gigi's Cupcakes | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Grand Traverse | Gigi's Cupcakes | |
| Training | On-The-Job Training: 91 hours Classroom Training: 52 hours | |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | |
| Marketing | Ad Templates National Media Social media SEO Email marketing Loyalty program/app | |
| Operations | ||
Expansion Plans |
||
| Grand Traverse | Gigi's Cupcakes | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Grand Traverse | |
| Gigi's Cupcakes | |
| Franchise Fee | |
| Grand Traverse | |
| Gigi's Cupcakes | |
| Royalty Fee | |
| Grand Traverse | 5% |
| Gigi's Cupcakes | 5% |
| Advertising Fee | |
| Grand Traverse | |
| Gigi's Cupcakes | 2.50% |
| Year Founded | |
| Grand Traverse | 1996 |
| Gigi's Cupcakes | 2007 |
| Year Franchised | |
| Grand Traverse | 1996 |
| Gigi's Cupcakes | 2008 |
| Term Of Agreement | |
| Grand Traverse | 10 years |
| Gigi's Cupcakes | 10 years |
| Renewal Fee | |
| Grand Traverse | $2,500 |
| Gigi's Cupcakes | |
Business Experience Requirements |
|
| Experience | |
| Grand Traverse | |
| Gigi's Cupcakes | You will need prior experience in running a business, preferably retail. Passion - We want you to be excited and enthusiastic about owning a cupcake shop. Involvement - You are expected be involved in your business on a daily basis, because we find greater success with owners that are actively involved in the operation of their shop. This business requires real commitment, attention to detail, and hard work. |
Financing Options |
|
| Franchise Fees | |
| Grand Traverse | |
| Gigi's Cupcakes | |
| Start-up Costs | |
| Grand Traverse | |
| Gigi's Cupcakes | |
| Equipment | |
| Grand Traverse} | |
| Gigi's Cupcakes | |
| Inventory | |
| Grand Traverse | |
| Gigi's Cupcakes | |
| Receivables | |
| Grand Traverse | |
| Gigi's Cupcakes | |
| Payroll | |
| Grand Traverse | |
| Gigi's Cupcakes | |
Training & Support |
|
| Training | |
| Grand Traverse | |
| Gigi's Cupcakes | On-The-Job Training: 91 hours Classroom Training: 52 hours |
| Support | |
| Grand Traverse | |
| Gigi's Cupcakes | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Grand Traverse | |
| Gigi's Cupcakes | Ad Templates National Media Social media SEO Email marketing Loyalty program/app |
| Operations | |
| Grand Traverse | |
| Gigi's Cupcakes | |
Expansion Plans |
|
| US Expansion | |
| Grand Traverse | |
| Gigi's Cupcakes | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Grand Traverse | 0 |
| Gigi's Cupcakes | |
| International Expansion | |
| Grand Traverse | |
| Gigi's Cupcakes | |