Golden Corral vs Fresh To Order Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Golden Corral vs Fresh To Order including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Golden Corral Fresh To Order
Investment 2700795 - 7037915 489500 - 646500
Franchise Fee 0
Royalty Fee 4%
Advertising Fee 2.40%
Year Founded 1973 2005
Year Franchised 1986 2006
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Golden Corral Fresh To Order
Experience Industry experience (or must have partner with industry experience.) *Experience as a restaurant operator for a five year minimum *Recognition as a top restaurant operator *Net worth of $1 million, Multi unit 2 Million *Liquid assets of $250,000, Multi unit $500,000 *Infrastructure and resources to meet our development schedule *Total commitment to the development of the f2o brand *Cultural fit and a passion for our concept

Financing Options

  Golden Corral Fresh To Order
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Golden Corral Fresh To Order
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 *Real Estate and Site Selection Approval *Lease Review *Design and Construction Support and Assistance *Marketing and Public Relations *Comprehensive Six Week Pre-Opening Training Program *Continuing Education *Field Support *Purchasing and Distribution
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 Fresh To Order
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
Fresh To Order
Franchise Fee
Golden Corral
Fresh To Order
Royalty Fee
Golden Corral 4%
Fresh To Order
Advertising Fee
Golden Corral 2.40%
Fresh To Order
Year Founded
Golden Corral 1973
Fresh To Order 2005
Year Franchised
Golden Corral 1986
Fresh To Order 2006
Term Of Agreement
Golden Corral 15 years
Fresh To Order
Renewal Fee
Golden Corral 15 years (plus two, 5-year renewal options)
Fresh To Order


Business Experience Requirements

Experience
Golden Corral Industry experience (or must have partner with industry experience.)
Fresh To Order *Experience as a restaurant operator for a five year minimum *Recognition as a top restaurant operator *Net worth of $1 million, Multi unit 2 Million *Liquid assets of $250,000, Multi unit $500,000 *Infrastructure and resources to meet our development schedule *Total commitment to the development of the f2o brand *Cultural fit and a passion for our concept

Financing Options

 
Franchise Fees
Golden Corral No
Fresh To Order No
Start-up Costs
Golden Corral
Fresh To Order
Equipment
Golden Corral}
Fresh To Order
Inventory
Golden Corral
Fresh To Order
Receivables
Golden Corral
Fresh To Order
Payroll
Golden Corral
Fresh To Order

Training & Support

Training
Golden Corral On-The-Job Training: 665 hours Classroom Training: 8.5 hours Additional Training: At company training location
Fresh To Order
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
Fresh To Order *Real Estate and Site Selection Approval *Lease Review *Design and Construction Support and Assistance *Marketing and Public Relations *Comprehensive Six Week Pre-Opening Training Program *Continuing Education *Field Support *Purchasing and Distribution
Marketing
Golden Corral National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Fresh To Order
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)
Fresh To Order

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
Fresh To Order
Canada Expansion
Golden Corral
Fresh To Order
International Expansion
Golden Corral
Fresh To Order