Start-Up Costs and Fees |
||
| Golden Corral | Browns Socialhouse | |
| Investment | 2700795 - 7037915 | 2000000 - 2500000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | 6% |
| Advertising Fee | 2.40% | |
| Year Founded | 1973 | 0 |
| Year Franchised | 1986 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Golden Corral | Browns Socialhouse | |
| Experience | Industry experience (or must have partner with industry experience.) | A PROVEN TRACK RECORD + EXPERIENCE in the restaurant and hospitality industry. Passionate + highly motivated about running a business. That's how serious we are about partnering with only the best. We don't compromise on this because it's what our guests deserve. |
Financing Options |
||
| Golden Corral | Browns Socialhouse | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Golden Corral | Browns Socialhouse | |
| 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 | |
| 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 |
||
| Golden Corral | Browns Socialhouse | |
| 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 | 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 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Golden Corral | |
| Browns Socialhouse | |
| Franchise Fee | |
| Golden Corral | |
| Browns Socialhouse | |
| Royalty Fee | |
| Golden Corral | 4% |
| Browns Socialhouse | 6% |
| Advertising Fee | |
| Golden Corral | 2.40% |
| Browns Socialhouse | |
| Year Founded | |
| Golden Corral | 1973 |
| Browns Socialhouse | 0 |
| Year Franchised | |
| Golden Corral | 1986 |
| Browns Socialhouse | 0 |
| Term Of Agreement | |
| Golden Corral | 15 years |
| Browns Socialhouse | |
| Renewal Fee | |
| Golden Corral | 15 years (plus two, 5-year renewal options) |
| Browns Socialhouse | |
Business Experience Requirements |
|
| Experience | |
| Golden Corral | Industry experience (or must have partner with industry experience.) |
| Browns Socialhouse | A PROVEN TRACK RECORD + EXPERIENCE in the restaurant and hospitality industry. Passionate + highly motivated about running a business. That's how serious we are about partnering with only the best. We don't compromise on this because it's what our guests deserve. |
Financing Options |
|
| Franchise Fees | |
| Golden Corral | No |
| Browns Socialhouse | No |
| Start-up Costs | |
| Golden Corral | |
| Browns Socialhouse | |
| Equipment | |
| Golden Corral} | |
| Browns Socialhouse | |
| Inventory | |
| Golden Corral | |
| Browns Socialhouse | |
| Receivables | |
| Golden Corral | |
| Browns Socialhouse | |
| Payroll | |
| Golden Corral | |
| Browns Socialhouse | |
Training & Support |
|
| Training | |
| Golden Corral | On-The-Job Training: 665 hours Classroom Training: 8.5 hours Additional Training: At company training location |
| Browns Socialhouse | |
| 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 |
| Browns Socialhouse | |
| Marketing | |
| Golden Corral | National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Browns Socialhouse | |
| 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) |
| Browns Socialhouse | |
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 |
| Browns Socialhouse | 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 | |
| Golden Corral | |
| Browns Socialhouse | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| Golden Corral | |
| Browns Socialhouse | |