Start-Up Costs and Fees |
||
| Golden Griddle | Shoney's Restaurants | |
| Investment | 100000 - 450000 | 568000 - 2800000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 2.5-3.5% |
| Advertising Fee | ||
| Year Founded | 1964 | 1968 |
| Year Franchised | 1977 | 1971 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Golden Griddle | Shoney's Restaurants | |
| Experience | General business experience | Solid business experience Multi-unit management Proven expertise in retail (food and beverage a plus) Previous franchise experience advantageous |
Financing Options |
||
| Golden Griddle | Shoney's Restaurants | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Golden Griddle | Shoney's Restaurants | |
| Training | ||
| Support | Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| 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 | Shoney's Restaurants | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Golden Griddle | |
| Shoney's Restaurants | |
| Franchise Fee | |
| Golden Griddle | |
| Shoney's Restaurants | |
| Royalty Fee | |
| Golden Griddle | 5% |
| Shoney's Restaurants | 2.5-3.5% |
| Advertising Fee | |
| Golden Griddle | |
| Shoney's Restaurants | |
| Year Founded | |
| Golden Griddle | 1964 |
| Shoney's Restaurants | 1968 |
| Year Franchised | |
| Golden Griddle | 1977 |
| Shoney's Restaurants | 1971 |
| Term Of Agreement | |
| Golden Griddle | 10 years |
| Shoney's Restaurants | |
| Renewal Fee | |
| Golden Griddle | |
| Shoney's Restaurants | |
Business Experience Requirements |
|
| Experience | |
| Golden Griddle | General business experience |
| Shoney's Restaurants | Solid business experience Multi-unit management Proven expertise in retail (food and beverage a plus) Previous franchise experience advantageous |
Financing Options |
|
| Franchise Fees | |
| Golden Griddle | No |
| Shoney's Restaurants | No |
| Start-up Costs | |
| Golden Griddle | |
| Shoney's Restaurants | |
| Equipment | |
| Golden Griddle} | |
| Shoney's Restaurants | |
| Inventory | |
| Golden Griddle | |
| Shoney's Restaurants | |
| Receivables | |
| Golden Griddle | |
| Shoney's Restaurants | |
| Payroll | |
| Golden Griddle | |
| Shoney's Restaurants | |
Training & Support |
|
| Training | |
| Golden Griddle | |
| Shoney's Restaurants | |
| Support | |
| Golden Griddle | Internet, Security/safety procedures, Field operations/evaluations |
| Shoney's Restaurants | |
| Marketing | |
| Golden Griddle | Co-op advertising, Ad slicks, Regional advertising |
| Shoney's Restaurants | |
| 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) |
| Shoney's Restaurants | |
Expansion Plans |
|
| US Expansion | |
| Golden Griddle | |
| Shoney's Restaurants | |
| Canada Expansion | |
| Golden Griddle | |
| Shoney's Restaurants | 0 |
| International Expansion | |
| Golden Griddle | |
| Shoney's Restaurants | |