Start-Up Costs and Fees |
||
| Golden Griddle | Famous Toastery | |
| Investment | 100000 - 450000 | 600500 - 1024500 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 1%-2% | |
| Year Founded | 1964 | 2005 |
| Year Franchised | 1977 | 2013 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Golden Griddle | Famous Toastery | |
| Experience | General business experience | |
Financing Options |
||
| Golden Griddle | Famous Toastery | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Golden Griddle | Famous Toastery | |
| Training | On-The-Job Training: 744 hours Classroom Training: 32 hours | |
| Support | Internet, Security/safety procedures, Field operations/evaluations | Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | Franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 - 30 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Golden Griddle | Famous Toastery | |
| 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 Griddle | |
| Famous Toastery | |
| Franchise Fee | |
| Golden Griddle | |
| Famous Toastery | |
| Royalty Fee | |
| Golden Griddle | 5% |
| Famous Toastery | 5% |
| Advertising Fee | |
| Golden Griddle | |
| Famous Toastery | 1%-2% |
| Year Founded | |
| Golden Griddle | 1964 |
| Famous Toastery | 2005 |
| Year Franchised | |
| Golden Griddle | 1977 |
| Famous Toastery | 2013 |
| Term Of Agreement | |
| Golden Griddle | 10 years |
| Famous Toastery | 10 Years |
| Renewal Fee | |
| Golden Griddle | |
| Famous Toastery | |
Business Experience Requirements |
|
| Experience | |
| Golden Griddle | General business experience |
| Famous Toastery | |
Financing Options |
|
| Franchise Fees | |
| Golden Griddle | No |
| Famous Toastery | No |
| Start-up Costs | |
| Golden Griddle | |
| Famous Toastery | |
| Equipment | |
| Golden Griddle} | |
| Famous Toastery | |
| Inventory | |
| Golden Griddle | |
| Famous Toastery | |
| Receivables | |
| Golden Griddle | |
| Famous Toastery | |
| Payroll | |
| Golden Griddle | |
| Famous Toastery | |
Training & Support |
|
| Training | |
| Golden Griddle | |
| Famous Toastery | On-The-Job Training: 744 hours Classroom Training: 32 hours |
| Support | |
| Golden Griddle | Internet, Security/safety procedures, Field operations/evaluations |
| Famous Toastery | Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection |
| Marketing | |
| Golden Griddle | Co-op advertising, Ad slicks, Regional advertising |
| Famous Toastery | Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Golden Griddle | Franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 - 30 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Famous Toastery | |
Expansion Plans |
|
| US Expansion | |
| Golden Griddle | |
| Famous Toastery | 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 | |
| Golden Griddle | |
| Famous Toastery | |
| International Expansion | |
| Golden Griddle | |
| Famous Toastery | |