National Fresh-Baked Bread and Cafe Franchise Waves Royalty Fees for the First Year of All Additional Stores to Follow for 3-Packs and More
In an effort to accelerate its already impressive organic growth, Great Harvest Bread Company, a bakery cafe franchise and specialty bread concept known for fresh, made-from-scratch bread and desserts, has announced the introduction of a new multi-unit development incentive program.
The new incentive program is designed for Great Harvest Bread Company’s entrepreneurial-minded franchisees looking to grow their business and become strategic multi-unit owners. “In an effort to inspire franchisees and incentivize growth, for franchisees that sign 3 or more stores, we will waive the royalty for the first year for all additional stores after the first one that is opened, based upon an agreed development schedule,” stated Mike Ferretti, CEO of Great Harvest Bread Company. “We believe that this new incentive program directly benefits our franchisees who want to grow their business, and it also demonstrates the dedication that Great Harvest Bread Company has to our franchise network.”
According to a recently released analytics report by Fast Casual on the Evolution of Dining in 2022-Restaurants, Fast Food, and Coffee through Placer.ai., while full service restaurants have suffered throughout the pandemic, coffee shops and bakeries have been very successful. The simple grab and go concepts have allowed for a unique hybrid experience that works well with remote workers. In addition, it was reported that restaurant visitors prefer to stay local as opposed to traveling long distances due to inflation with gas prices.
The industry leading fresh-baked bread and cafe franchise is reporting same store sales for Q4 of 2021, are up 14.9 percent compared to 2019, the last “normal” year for comparison.
To learn about franchising opportunities with Great Harvest Bread Company, go to https://www.greatharvest.com/franchise.
Great Harvest Bread has spent the past 45 years perfecting the combination of ingredients to make the freshest and authentic breads and pastries, as well as the newer sandwiches, grain bowls and soups, growing to nearly 200 locations, all of which continue to mill their own Golden Triangle wheat every morning from scratch. Providing local communities with authentic breads and pastries made fresh daily, the brand is now growing through franchising with a new bakery-cafe model ideal for multi-unit ownership. Open during three parts of the day – breakfast, lunch and dinner – the menu has grown beyond a wide variety of soft, delicious breads to include soups, sandwiches and grain bowls.