Start-Up Costs and Fees |
||
| Golden Corral | White Hen Pantry | |
| Investment | 2700795 - 7037915 | 52400 - 225200 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 4% | Varies |
| Advertising Fee | 2.40% | |
| Year Founded | 1973 | 1965 |
| Year Franchised | 1986 | 1965 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Golden Corral | White Hen Pantry | |
| Experience | Industry experience (or must have partner with industry experience.) | Industry experience General business experience |
Financing Options |
||
| Golden Corral | White Hen Pantry | |
| Franchise Fees | No | Yes |
| Start-up Costs | No | Yes |
| Equipment | No | No |
| Inventory | No | Yes |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Golden Corral | White Hen Pantry | |
| 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 | Newsletter, Meetings, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| 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) | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 15 Absentee ownership of franchise is NOT allowed. |
Expansion Plans |
||
| Golden Corral | White Hen Pantry | |
| 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 | Illinois, Indiana, Massachusetts, New Hampshire, |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Golden Corral | |
| White Hen Pantry | |
| Franchise Fee | |
| Golden Corral | |
| White Hen Pantry | |
| Royalty Fee | |
| Golden Corral | 4% |
| White Hen Pantry | Varies |
| Advertising Fee | |
| Golden Corral | 2.40% |
| White Hen Pantry | |
| Year Founded | |
| Golden Corral | 1973 |
| White Hen Pantry | 1965 |
| Year Franchised | |
| Golden Corral | 1986 |
| White Hen Pantry | 1965 |
| Term Of Agreement | |
| Golden Corral | 15 years |
| White Hen Pantry | 10 years |
| Renewal Fee | |
| Golden Corral | 15 years (plus two, 5-year renewal options) |
| White Hen Pantry | |
Business Experience Requirements |
|
| Experience | |
| Golden Corral | Industry experience (or must have partner with industry experience.) |
| White Hen Pantry | Industry experience General business experience |
Financing Options |
|
| Franchise Fees | |
| Golden Corral | No |
| White Hen Pantry | No |
| Start-up Costs | |
| Golden Corral | |
| White Hen Pantry | |
| Equipment | |
| Golden Corral} | |
| White Hen Pantry | |
| Inventory | |
| Golden Corral | |
| White Hen Pantry | |
| Receivables | |
| Golden Corral | |
| White Hen Pantry | |
| Payroll | |
| Golden Corral | |
| White Hen Pantry | |
Training & Support |
|
| Training | |
| Golden Corral | On-The-Job Training: 665 hours Classroom Training: 8.5 hours Additional Training: At company training location |
| White Hen Pantry | |
| 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 |
| White Hen Pantry | Newsletter, Meetings, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Golden Corral | National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| White Hen Pantry | |
| 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) |
| White Hen Pantry | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 15 Absentee ownership of franchise is NOT allowed. |
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 |
| White Hen Pantry | Illinois, Indiana, Massachusetts, New Hampshire, |
| Canada Expansion | |
| Golden Corral | |
| White Hen Pantry | |
| International Expansion | |
| Golden Corral | |
| White Hen Pantry | |