Start-Up Costs and Fees |
||
| Golden Corral | Arthur Treacher's | |
| Investment | 2700795 - 7037915 | 145000 - 268000 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 4% | 5% |
| Advertising Fee | 2.40% | |
| Year Founded | 1973 | 1969 |
| Year Franchised | 1986 | 1969 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Golden Corral | Arthur Treacher's | |
| Experience | Industry experience (or must have partner with industry experience.) | Industry experience General business experience |
Financing Options |
||
| Golden Corral | Arthur Treacher's | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Golden Corral | Arthur Treacher's | |
| Training | 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 | Newsletter, Meetings, Grand opening, Field operations/evaluations |
| Marketing | National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Co-op advertising, Ad slicks, Regional advertising |
| 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) | Number of employees needed to run franchise unit: 10 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
Expansion Plans |
||
| Golden Corral | Arthur Treacher's | |
| 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 | |
| Golden Corral | |
| Arthur Treacher's | |
| Franchise Fee | |
| Golden Corral | |
| Arthur Treacher's | |
| Royalty Fee | |
| Golden Corral | 4% |
| Arthur Treacher's | 5% |
| Advertising Fee | |
| Golden Corral | 2.40% |
| Arthur Treacher's | |
| Year Founded | |
| Golden Corral | 1973 |
| Arthur Treacher's | 1969 |
| Year Franchised | |
| Golden Corral | 1986 |
| Arthur Treacher's | 1969 |
| Term Of Agreement | |
| Golden Corral | 15 years |
| Arthur Treacher's | 10 years |
| Renewal Fee | |
| Golden Corral | 15 years (plus two, 5-year renewal options) |
| Arthur Treacher's | Current fee |
Business Experience Requirements |
|
| Experience | |
| Golden Corral | Industry experience (or must have partner with industry experience.) |
| Arthur Treacher's | Industry experience General business experience |
Financing Options |
|
| Franchise Fees | |
| Golden Corral | No |
| Arthur Treacher's | No |
| Start-up Costs | |
| Golden Corral | |
| Arthur Treacher's | |
| Equipment | |
| Golden Corral} | |
| Arthur Treacher's | |
| Inventory | |
| Golden Corral | |
| Arthur Treacher's | |
| Receivables | |
| Golden Corral | |
| Arthur Treacher's | |
| Payroll | |
| Golden Corral | |
| Arthur Treacher's | |
Training & Support |
|
| Training | |
| Golden Corral | On-The-Job Training: 665 hours Classroom Training: 8.5 hours Additional Training: At company training location |
| Arthur Treacher's | |
| Support | |
| Golden Corral | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Arthur Treacher's | Newsletter, Meetings, Grand opening, Field operations/evaluations |
| Marketing | |
| Golden Corral | National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Arthur Treacher's | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| 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) |
| Arthur Treacher's | Number of employees needed to run franchise unit: 10 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| 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 |
| Arthur Treacher's | |
| Canada Expansion | |
| Golden Corral | |
| Arthur Treacher's | |
| International Expansion | |
| Golden Corral | |
| Arthur Treacher's | |