Start-Up Costs and Fees |
||
| Golden Corral | Copelands Of New Orleans | |
| Investment | 2700795 - 7037915 | 2100000 - 3000000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | |
| 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 | Copelands Of New Orleans | |
| Experience | Industry experience (or must have partner with industry experience.) | |
Financing Options |
||
| Golden Corral | Copelands Of New Orleans | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Golden Corral | Copelands Of New Orleans | |
| 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 | Copelands Of New Orleans | |
| 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 | |
| Copelands Of New Orleans | |
| Franchise Fee | |
| Golden Corral | |
| Copelands Of New Orleans | |
| Royalty Fee | |
| Golden Corral | 4% |
| Copelands Of New Orleans | |
| Advertising Fee | |
| Golden Corral | 2.40% |
| Copelands Of New Orleans | |
| Year Founded | |
| Golden Corral | 1973 |
| Copelands Of New Orleans | 0 |
| Year Franchised | |
| Golden Corral | 1986 |
| Copelands Of New Orleans | 0 |
| Term Of Agreement | |
| Golden Corral | 15 years |
| Copelands Of New Orleans | |
| Renewal Fee | |
| Golden Corral | 15 years (plus two, 5-year renewal options) |
| Copelands Of New Orleans | |
Business Experience Requirements |
|
| Experience | |
| Golden Corral | Industry experience (or must have partner with industry experience.) |
| Copelands Of New Orleans | |
Financing Options |
|
| Franchise Fees | |
| Golden Corral | No |
| Copelands Of New Orleans | No |
| Start-up Costs | |
| Golden Corral | |
| Copelands Of New Orleans | |
| Equipment | |
| Golden Corral} | |
| Copelands Of New Orleans | |
| Inventory | |
| Golden Corral | |
| Copelands Of New Orleans | |
| Receivables | |
| Golden Corral | |
| Copelands Of New Orleans | |
| Payroll | |
| Golden Corral | |
| Copelands Of New Orleans | |
Training & Support |
|
| Training | |
| Golden Corral | On-The-Job Training: 665 hours Classroom Training: 8.5 hours Additional Training: At company training location |
| Copelands Of New Orleans | |
| 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 |
| Copelands Of New Orleans | |
| Marketing | |
| Golden Corral | National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Copelands Of New Orleans | |
| 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) |
| Copelands Of New Orleans | |
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 |
| Copelands Of New Orleans | |
| Canada Expansion | |
| Golden Corral | |
| Copelands Of New Orleans | |
| International Expansion | |
| Golden Corral | |
| Copelands Of New Orleans | |