Start-Up Costs and Fees |
||
| George Webb Restaurants | Golden Corral | |
| Investment | 402000 - 850000 | 2700795 - 7037915 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | |
| Advertising Fee | 2.40% | |
| Year Founded | 1948 | 1973 |
| Year Franchised | 1953 | 1986 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| George Webb Restaurants | Golden Corral | |
| Experience | Previous restaurant/retail experience preferred for individuals with a passion for the restaurant business, operating under the philosophies of People, Place, Product and Profit. | Industry experience (or must have partner with industry experience.) |
Financing Options |
||
| George Webb Restaurants | Golden Corral | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| George Webb Restaurants | Golden Corral | |
| Training | Comprehensive initial training and pre-opening training provided at company owned locations and corporate training center. On-going management training and development provided for all franchisees, operators, managers and supervisory staff. | On-The-Job Training: 665 hours Classroom Training: 8.5 hours Additional Training: At company training location |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | |
| Marketing | National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | International franchisees required to buy multiple units/master licenses; 80% of all franchisees own more than one unit Number of employees needed to run franchised unit: 100 Absentee ownership of franchise is NOT allowed. (90% of current franchisees are owner/operators) | |
Expansion Plans |
||
| George Webb Restaurants | Golden Corral | |
| 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| George Webb Restaurants | |
| Golden Corral | |
| Franchise Fee | |
| George Webb Restaurants | |
| Golden Corral | |
| Royalty Fee | |
| George Webb Restaurants | |
| Golden Corral | 4% |
| Advertising Fee | |
| George Webb Restaurants | |
| Golden Corral | 2.40% |
| Year Founded | |
| George Webb Restaurants | 1948 |
| Golden Corral | 1973 |
| Year Franchised | |
| George Webb Restaurants | 1953 |
| Golden Corral | 1986 |
| Term Of Agreement | |
| George Webb Restaurants | |
| Golden Corral | 15 years |
| Renewal Fee | |
| George Webb Restaurants | |
| Golden Corral | 15 years (plus two, 5-year renewal options) |
Business Experience Requirements |
|
| Experience | |
| George Webb Restaurants | Previous restaurant/retail experience preferred for individuals with a passion for the restaurant business, operating under the philosophies of People, Place, Product and Profit. |
| Golden Corral | Industry experience (or must have partner with industry experience.) |
Financing Options |
|
| Franchise Fees | |
| George Webb Restaurants | |
| Golden Corral | |
| Start-up Costs | |
| George Webb Restaurants | |
| Golden Corral | |
| Equipment | |
| George Webb Restaurants} | |
| Golden Corral | |
| Inventory | |
| George Webb Restaurants | |
| Golden Corral | |
| Receivables | |
| George Webb Restaurants | |
| Golden Corral | |
| Payroll | |
| George Webb Restaurants | |
| Golden Corral | |
Training & Support |
|
| Training | |
| George Webb Restaurants | Comprehensive initial training and pre-opening training provided at company owned locations and corporate training center. On-going management training and development provided for all franchisees, operators, managers and supervisory staff. |
| Golden Corral | On-The-Job Training: 665 hours Classroom Training: 8.5 hours Additional Training: At company training location |
| Support | |
| George Webb Restaurants | |
| Golden Corral | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| George Webb Restaurants | |
| Golden Corral | National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| George Webb Restaurants | |
| Golden Corral | International franchisees required to buy multiple units/master licenses; 80% of all franchisees own more than one unit Number of employees needed to run franchised unit: 100 Absentee ownership of franchise is NOT allowed. (90% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| George Webb Restaurants | |
| Golden Corral | 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 | |
| George Webb Restaurants | |
| Golden Corral | |
| International Expansion | |
| George Webb Restaurants | |
| Golden Corral | |