Start-Up Costs and Fees |
||
| Golden Griddle | Soul De Cuba Cafe | |
| Investment | 100000 - 450000 | 160350 - 487000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 6% |
| Advertising Fee | ||
| Year Founded | 1964 | 2005 |
| Year Franchised | 1977 | 2009 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Golden Griddle | Soul De Cuba Cafe | |
| Experience | General business experience | |
Financing Options |
||
| Golden Griddle | Soul De Cuba Cafe | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Golden Griddle | Soul De Cuba Cafe | |
| 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 | Soul De Cuba Cafe | |
| 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 | |
| Soul De Cuba Cafe | |
| Franchise Fee | |
| Golden Griddle | |
| Soul De Cuba Cafe | |
| Royalty Fee | |
| Golden Griddle | 5% |
| Soul De Cuba Cafe | 6% |
| Advertising Fee | |
| Golden Griddle | |
| Soul De Cuba Cafe | |
| Year Founded | |
| Golden Griddle | 1964 |
| Soul De Cuba Cafe | 2005 |
| Year Franchised | |
| Golden Griddle | 1977 |
| Soul De Cuba Cafe | 2009 |
| Term Of Agreement | |
| Golden Griddle | 10 years |
| Soul De Cuba Cafe | |
| Renewal Fee | |
| Golden Griddle | |
| Soul De Cuba Cafe | |
Business Experience Requirements |
|
| Experience | |
| Golden Griddle | General business experience |
| Soul De Cuba Cafe | |
Financing Options |
|
| Franchise Fees | |
| Golden Griddle | No |
| Soul De Cuba Cafe | No |
| Start-up Costs | |
| Golden Griddle | |
| Soul De Cuba Cafe | |
| Equipment | |
| Golden Griddle} | |
| Soul De Cuba Cafe | |
| Inventory | |
| Golden Griddle | |
| Soul De Cuba Cafe | |
| Receivables | |
| Golden Griddle | |
| Soul De Cuba Cafe | |
| Payroll | |
| Golden Griddle | |
| Soul De Cuba Cafe | |
Training & Support |
|
| Training | |
| Golden Griddle | |
| Soul De Cuba Cafe | |
| Support | |
| Golden Griddle | Internet, Security/safety procedures, Field operations/evaluations |
| Soul De Cuba Cafe | |
| Marketing | |
| Golden Griddle | Co-op advertising, Ad slicks, Regional advertising |
| Soul De Cuba Cafe | |
| 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) |
| Soul De Cuba Cafe | |
Expansion Plans |
|
| US Expansion | |
| Golden Griddle | |
| Soul De Cuba Cafe | 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 | |
| Soul De Cuba Cafe | |
| International Expansion | |
| Golden Griddle | |
| Soul De Cuba Cafe | |