Start-Up Costs and Fees |
||
| Golden Corral | Manhattan Bagel | |
| Investment | 2700795 - 7037915 | 481000 - 705000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | 5% |
| Advertising Fee | 2.40% | 5% |
| Year Founded | 1973 | 0 |
| Year Franchised | 1986 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Golden Corral | Manhattan Bagel | |
| Experience | Industry experience (or must have partner with industry experience.) | |
Financing Options |
||
| Golden Corral | Manhattan Bagel | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Golden Corral | Manhattan Bagel | |
| 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 | Manhattan Bagel | |
| 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Golden Corral | |
| Manhattan Bagel | |
| Franchise Fee | |
| Golden Corral | |
| Manhattan Bagel | |
| Royalty Fee | |
| Golden Corral | 4% |
| Manhattan Bagel | 5% |
| Advertising Fee | |
| Golden Corral | 2.40% |
| Manhattan Bagel | 5% |
| Year Founded | |
| Golden Corral | 1973 |
| Manhattan Bagel | 0 |
| Year Franchised | |
| Golden Corral | 1986 |
| Manhattan Bagel | 0 |
| Term Of Agreement | |
| Golden Corral | 15 years |
| Manhattan Bagel | |
| Renewal Fee | |
| Golden Corral | 15 years (plus two, 5-year renewal options) |
| Manhattan Bagel | |
Business Experience Requirements |
|
| Experience | |
| Golden Corral | Industry experience (or must have partner with industry experience.) |
| Manhattan Bagel | |
Financing Options |
|
| Franchise Fees | |
| Golden Corral | No |
| Manhattan Bagel | No |
| Start-up Costs | |
| Golden Corral | |
| Manhattan Bagel | |
| Equipment | |
| Golden Corral} | |
| Manhattan Bagel | |
| Inventory | |
| Golden Corral | |
| Manhattan Bagel | |
| Receivables | |
| Golden Corral | |
| Manhattan Bagel | |
| Payroll | |
| Golden Corral | |
| Manhattan Bagel | |
Training & Support |
|
| Training | |
| Golden Corral | On-The-Job Training: 665 hours Classroom Training: 8.5 hours Additional Training: At company training location |
| Manhattan Bagel | |
| 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 |
| Manhattan Bagel | |
| Marketing | |
| Golden Corral | National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Manhattan Bagel | |
| 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) |
| Manhattan Bagel | |
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 |
| Manhattan Bagel | |
| Canada Expansion | |
| Golden Corral | |
| Manhattan Bagel | 0 |
| International Expansion | |
| Golden Corral | |
| Manhattan Bagel | |