Golden Corral vs Original Joe's Franchise Comparison

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

Start-Up Costs and Fees

  Golden Corral Original Joe's
Investment 2700795 - 7037915 950000 - 950000
Franchise Fee 0
Royalty Fee 4% 5%
Advertising Fee 2.40% 2%
Year Founded 1973 1998
Year Franchised 1986 0
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Golden Corral Original Joe's
Experience Industry experience (or must have partner with industry experience.)

Financing Options

  Golden Corral Original Joe's
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Golden Corral Original Joe's
Training On-The-Job Training: 665 hours Classroom Training: 8.5 hours Additional Training: At company training location 30 days at corporate office and up to 14 days onsite at franchise 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 Original Joe'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
Original Joe's
Franchise Fee
Golden Corral
Original Joe's
Royalty Fee
Golden Corral 4%
Original Joe's 5%
Advertising Fee
Golden Corral 2.40%
Original Joe's 2%
Year Founded
Golden Corral 1973
Original Joe's 1998
Year Franchised
Golden Corral 1986
Original Joe's 0
Term Of Agreement
Golden Corral 15 years
Original Joe's 10 years
Renewal Fee
Golden Corral 15 years (plus two, 5-year renewal options)
Original Joe's 50% of then curr. Fran. fee


Business Experience Requirements

Experience
Golden Corral Industry experience (or must have partner with industry experience.)
Original Joe's

Financing Options

 
Franchise Fees
Golden Corral No
Original Joe's No
Start-up Costs
Golden Corral
Original Joe's
Equipment
Golden Corral}
Original Joe's
Inventory
Golden Corral
Original Joe's
Receivables
Golden Corral
Original Joe's
Payroll
Golden Corral
Original Joe's

Training & Support

Training
Golden Corral On-The-Job Training: 665 hours Classroom Training: 8.5 hours Additional Training: At company training location
Original Joe's 30 days at corporate office and up to 14 days onsite at franchise location
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
Original Joe's
Marketing
Golden Corral National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Original Joe's
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)
Original Joe's

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
Original Joe's
Canada Expansion
Golden Corral
Original Joe's
International Expansion
Golden Corral
Original Joe's