Great Canadian Bagel vs Mr. Hero Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Great Canadian Bagel vs Mr. Hero including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Great Canadian Bagel Mr. Hero
Investment 85000 - 350000 113000 - 305000
Franchise Fee 0
Royalty Fee 5.50%
Advertising Fee
Year Founded 1993 1965
Year Franchised 1994 1970
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Great Canadian Bagel Mr. Hero
Experience Industry experience General business experience Marketing skills

Financing Options

  Great Canadian Bagel Mr. Hero
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Great Canadian Bagel Mr. Hero
Training
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Co-op advertising, Ad slicks, National media, Regional advertising
Operations International franchisees required to buy multiple units/master licenses; 15-20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators)

Expansion Plans

  Great Canadian Bagel Mr. Hero
US Expansion
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile

Investment
Great Canadian Bagel
Mr. Hero
Franchise Fee
Great Canadian Bagel
Mr. Hero
Royalty Fee
Great Canadian Bagel
Mr. Hero 5.50%
Advertising Fee
Great Canadian Bagel
Mr. Hero
Year Founded
Great Canadian Bagel 1993
Mr. Hero 1965
Year Franchised
Great Canadian Bagel 1994
Mr. Hero 1970
Term Of Agreement
Great Canadian Bagel
Mr. Hero 10 years
Renewal Fee
Great Canadian Bagel
Mr. Hero


Business Experience Requirements

Experience
Great Canadian Bagel
Mr. Hero Industry experience General business experience Marketing skills

Financing Options

 
Franchise Fees
Great Canadian Bagel
Mr. Hero
Start-up Costs
Great Canadian Bagel
Mr. Hero
Equipment
Great Canadian Bagel}
Mr. Hero
Inventory
Great Canadian Bagel
Mr. Hero
Receivables
Great Canadian Bagel
Mr. Hero
Payroll
Great Canadian Bagel
Mr. Hero

Training & Support

Training
Great Canadian Bagel
Mr. Hero
Support
Great Canadian Bagel
Mr. Hero Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing
Great Canadian Bagel
Mr. Hero Co-op advertising, Ad slicks, National media, Regional advertising
Operations
Great Canadian Bagel
Mr. Hero International franchisees required to buy multiple units/master licenses; 15-20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators)

Expansion Plans

US Expansion
Great Canadian Bagel
Mr. Hero
Canada Expansion
Great Canadian Bagel 0
Mr. Hero
International Expansion
Great Canadian Bagel
Mr. Hero