4/10

Franchimp Summary Rating

4 /10
Higher than 68% of peers

Franchise Summary

Description
GFG Bakery - Cafe is a popular franchise that blends a traditional bakery's charm with a cozy cafe atmosphere, offering high-quality baked goods and a variety of beverages. Known for its community engagement and consistent quality across locations, it serves as an ideal spot for casual meetings and social gatherings.
Company Background
GFG BAKERY - CAF? is a franchise that offers Greek inspired food. The store includes meals, sandwiches, salads, doughproducts, syrup sweets, pastries and coffee. Some items are imported from Greece. GFG BAKERY-CAF? has been in business for over 10 years with the same owners who have decided to expand their brand by offering franchises across North America.
Franchise Opportunity
There are many Greek-inspired restaurants, but they usually don't specialize in bakery items. Most of these restaurants serve gyros and souvlaki, which are both delicious, but people are looking for something different. GFG BAKERY - CAF? offers a unique menu that is inspired by traditional Greek recipes. We specialize in dough products, salads, sandwiches, and coffee. Our food is made with fresh ingredients and our coffee is roasted locally.
Corporate Structure
The franchisor is GFG Franchise LLC (referred to in this Disclosure Document as “we,” “us”, “our”). We were formed as a New Jersey limited liability company on October 18, 2017. Our principal place of business is 416 East Central Boulevard, Palisades Park, New Jersey 07650. We do business under our corporate name and the Proprietary Marks (described below). In this Disclosure Document, we refer to the person or entity that will be signing the Franchise Agreement (defined below) as “you,” “your,” or “franchisee,” which includes all franchise owners and partners, if you are a corporation, partnership or other entity.
Investment and Franchisee Fees
The total investment necessary to begin operation of a standard GFG BAKERY – CAFE franchise is $455,100 to $1,311,000. This includes between $275,000 and $714,000 that must be paid to the franchisor and/or its affiliate. The total investment necessary to begin operation of a kiosk GFG BAKERY – CAFE franchise is $187,100 to $368,000. This includes between $115,000 and $159,000 that must be paid to the franchisor and/or its affiliate. If you enter into a Multi Unit Operator Agreement to develop multiple Stores, you will pay a development fee when you sign the Multi Unit Operator Agreement. To enter into a Multi Unit Operator Agreement, you will commit to develop a minimum of five Stores. If you commit to develop between five and nine Stores, you will pay a development fee of 100% of the initial franchise fee for three Stores, plus a deposit of 50% of the initial franchise fee for each additional Store. If you commit to develop 10 or more Stores, you will pay a development fee of 100% of the initial franchise fee for five Stores, plus a deposit of 50% of the initial franchise fee for each additional Store. The total estimated investment under a Multi Unit Operator Agreement for five Store franchises, including the costs to build and equip the first Store, is $577,100 to $1,433,500. This includes $160,000 that must be paid to the franchisor and/or its affiliates. The total investment under a Multi Unit Operator Agreement will vary depending on the number of Stores to be developed.

Management Team

# Name Position

FAQ

How much investment do I need to start my own GFG Bakery - Café business?
Franchisees typically require at least $187 to $368 investment to get their GFG Bakery - Café business started
What are the initial franchise fees for GFG Bakery - Café?
Franchisees typically need to pay at least $115 in fees directly to GFG Bakery - Café in order to earn the right to launch their business
How much money can I make with a GFG Bakery - Café franchise? What are the average revenues for a typical GFG Bakery - Café business?
We haven’t done the math on how much revenue a typical GFG Bakery - Café brings in each year. We estimate that other franchisees in the Food & Beverage industry generate $1,201,697 revenue, so we would expect GFG Bakery - Café to generate a similar amount
How long do I need to commit to running a GFG Bakery - Café unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

4 /10
The Franchisor's investment costs ranges from $568,020 to $2,528,500 which is Much Higher than the $0 to $0 average in the Restaurants (Sit-Down) industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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