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General

Industry

Food and Beverage

Category

Food and Beverage

SBA Identifier

-

Year of Founding

2016

Fees

Marketing Fee

2%

Royalty Fee

6%

Franchise Fee

$25,000-$40,000

Investment Range

$188K-$1.31M

Location units

Total U.S. Locations

8

U.S. Franchised Units

0

U.S. Corporate Units

8

Headquarters (City)

NJ

Other

Item 19 - Franchise Financials

-

Financing Availability

no

Started Offering Franchises

2019

Issuance of FDD Data

06/20/2020

What to know about Gfg Bakery Cafe franchise?

The franchise offered is for a GFG BAKERY – CAFÉ retail food store specializing in Greek inspired menu items using Greek traditional recipes. The store offering includes meals, sandwiches, salads, dough products, syrup sweets, pastries, coffee, beverages and other retail products, some of which are imported from Greece. A GFG BAKERY – CAFÉ operates using the franchisor's proprietary recipes, formulae, techniques, trade dress, trademarks and logos. We offer franchises for standard and kiosk locations.

Gfg Bakery Cafe is based in Palisades Park, NJ. Scroll down to learn more!

How Much Does a Gfg Bakery Cafe Franchise Cost?

Are you wondering how much is a Gfg Bakery Cafe franchise? Before starting a Gfg Bakery Cafe franchise, it is important to know the Gfg Bakery Cafe franchise fee ($32,500) working capital and other costs required to start the business.

The minimum investment amount required to open a Gfg Bakery Cafe franchise is $188,100 and can go all the way up to $1,314,000. Keep in mind, you should also allocate additional funds to live off of while the Gfg Bakery Cafe business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Gfg Bakery Cafe franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Gfg Bakery Cafe business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your Gfg Bakery Cafe franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

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Industry Report Request

Download our guide to compare Gfg Bakery Cafe. Hotels to the Cleaning and Maintenance, Outdoor Maintenance industry.

Franchise Data

Year Start of year Units Opened Units Closed Total End of Year

Additional Details

How much does a Gfg Bakery Cafe franchise owner make?

Gfg Bakery Cafe franchise earnings and revenue can vary significantly from one franchisee to another. The Gfg Bakery Cafe franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

Gfg Bakery Cafe discloses financials at the unit level. In other words, they show how much Gfg Bakery Cafe franchisees made in the past. Through analyzing this information available in the metrics tab, it can serve as a good basis to further explore the opportunity or not.

At Vetted Biz, we advise you to speak with 5 to 10 franchisees to understand how much money they are making from the Gfg Bakery Cafe franchise. Roughly 60% of franchises disclose financials and it makes the process easier when filtering potential franchise opportunities like Gfg Bakery Cafe. Don’t just speak to existing franchisees, call franchisees who have recently left the system and try to find out how much those Gfg Bakery Cafe owners were making.

Visit the Gfg Bakery Cafe metrics tab, to explore the financials for this business.

What is the Gfg Bakery Cafe Franchise Fee?

Owning a Gfg Bakery Cafe franchise requires a 6% royalty fee and a 2% marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship.

Keep in mind, there is also an initial Gfg Bakery Cafe franchise fee of $32,500 that is included in the initial investment amount of $188,100 to $1,314,000. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Gfg Bakery Cafe franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Gfg Bakery Cafe franchise fee of $32,500.

Visit the Gfg Bakery Cafe metrics tab to explore how the franchise, royalty and marketing fees compare to other Food and Beverage franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was Gfg Bakery Cafe founded?

Gfg Bakery Cafe was founded 6 years ago in 2016. Gfg Bakery Cafe started offering franchises in 2019. At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many Gfg Bakery Cafe locations are in the U.S.?

As of Issuance of 2020, there were 0 Gfg Bakery Cafe locations owned and operated by franchisees across the U.S. There are also 8 corporate locations owned and operated by Gfg Bakery Cafe. Most Food and Beverage franchises like Gfg Bakery Cafe have more franchised locations than corporate locations.

How many Gfg Bakery Cafe franchises opened over the past few years?

Over the prior 3 years we have data for, Gfg Bakery Cafe has opened 0 outlets throughout the U.S.

Visit the Gfg Bakery Cafe metrics tab to explore how the openings compare to other Food and Beverage franchises.

How many Gfg Bakery Cafe franchises closed over the past few years?

Over the prior 3 years we have data for, Gfg Bakery Cafe has closed 0 outlets throughout the U.S.

Visit the Gfg Bakery Cafe metrics tab to explore how the closures compare to other Food and Beveragefranchises.

Is Gfg Bakery Cafe growing? Are they opening more locations than they are closing?

The net unit growth rate for Gfg Bakery Cafe over the past 3 years is N/A. Over the last year we have data for, Gfg Bakery Cafe had a net unit growth rate of N/A.

Without a comparison, this number doesn’t mean much. Compare how the Gfg Bakery Cafe growth rate compares to 2,000+ other franchises and Food and Beverage franchises like Gfg Bakery Cafe. More info in the Gfg Bakery Cafe metrics tab.

Is Gfg Bakery Cafe franchise eligible for an SBA Loan?

Gfg Bakery Cafe is not eligible for SBA loans including the 7(a) loan last time we checked.

Gfg Bakery Cafe franchise does not have a SBA Franchise ID and was not in the SBA Franchise Directory. The SBA Franchise Directory will only include business models like Gfg Bakery Cafe that are reviewed and found eligible under SBA's affiliation rules and other eligibility criteria.

To find out more about the SBA loan program for franchising click here.

Is Gfg Bakery Cafe a franchise in the United States?

According to the SBA, Gfg Bakery Cafe does not meet the Federal Trade Commission (FTC) definition of a franchise.

Many popular brands like Starbucks and Topgolf are not franchises in the U.S. but franchise outside of the United States. Be sure the franchisor provides you with an updated Franchise Disclosure Document as this is one of the key indicators that the business opportunity is truly a franchise in the U.S.

The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items of about the franchise, its officers, and other franchisees. Be sure that Gfg Bakery Cafe provides you with an FDD if you are in discussion to buy a Gfg Bakery Cafe.

What is the Gfg Bakery Cafe Franchise for Sale Rate?

The Gfg Bakery Cafe systemwide health and franchisee satisfaction can be measured by the Gfg Bakery Cafe franchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

The franchise for sale rate for Gfg Bakery Cafe over the past 3 years is 0%. Over the last year we have data for, Gfg Bakery Cafe had a franchise for sale rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the Gfg Bakery Cafe franchise for sale rate compares to 2,000+ other franchises and Food and Beverage franchises like Gfg Bakery Cafe. More info in the Gfg Bakery Cafe metrics tab.

What is the Gfg Bakery Cafe Franchise Failure Rate?

Gfg Bakery Cafe franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

Gfg Bakery Cafe failure rate over the past 3 years is N/A. Over the last year we have data for, Gfg Bakery Cafe had a franchise failure rate of N/A

Without a comparison, this number doesn’t mean much. Compare how the Gfg Bakery Cafe failure rate compares to 2,000+ other franchises and Food and Beverage franchises like Gfg Bakery Cafe. More info in the Gfg Bakery Cafe metrics tab.

How can I find out more details on Gfg Bakery Cafe franchise?

Visit the Gfg Bakery Cafe metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today for exclusive access on this franchise opportunity!

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General

Industry

Food and Beverage

Category

Food and Beverage

SBA Identifier

-

Year of Founding

2016

Fees

Marketing Fee

2%

Royalty Fee

6%

Franchise Fee

$25,000-$40,000

Investment Range

$188K-$1.31M

Location units

Total U.S. Locations

8

U.S. Franchised Units

0

U.S. Corporate Units

8

Headquarters (City)

NJ

Other

Item 19 - Franchise Financials

-

Financing Availability

no

Started Offering Franchises

2019

Issuance of FDD Data

06/20/2020

Franchise Fee Midpoint

The percentage change of total franchise units from one year to the next

 

1 year

3 years

Gfg Bakery Cafe

[0%]

[0%]

Industry median

All franchises median

Unlock premium content

Franchise Disclosure Document

Download Latest FDD (2020)

Net Unit Growth (most recent year)

Net Unit Growth (3 years)

Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

Gfg Bakery Cafe

NA

NA

Industry median

All franchises median

Unlock premium content

Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

Gfg Bakery Cafe

NA

NA

Industry median

All franchises median

Unlock premium content

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Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

Gfg Bakery Cafe

$751,050

Industry median

All franchises median

Unlock premium content

Royalty Fee

The median royalty fee from the Franchise Disclosure Document

Gfg Bakery Cafe

6%

Industry median

All franchises median

Unlock premium content

Franchise Fee Midpoint

The percentage change of total franchise units from one year to the next

 

1 year

3 years

Gfg Bakery Cafe

[0%]

[0%]

Industry median

All franchises median

Unlock premium content

Item 19 – Financial Performance Representations

Historical financial performance representations

Unlock premium content

Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

Unlock premium content

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Business details

Company name

-

Business email

info@gfg-bakery.com

Mailing address

416 East Central Boulevard

State headquarters

New Jersey

Key leadership

Gfg Bakery Cafe

Phone

+1 (000) 000-00-00

City

Palisades Park

Zip code

07650

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