Seacrets vs Golden Griddle Franchise Comparison

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

Start-Up Costs and Fees
  Seacrets Golden Griddle
Investment 1639333 - 3061667 100000 - 450000
Franchise Fee 0
Royalty Fee 6% and 10% from hotel 5%
Advertising Fee 1% local
Year Founded 0 1964
Year Franchised 0 1977
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Seacrets Golden Griddle
Experience *You or an operating partner within your franchise team must have significant foodservice and/or hospitality experience in order to qualify to become a Seacrets franchise owner. *In most cases, we expect franchise owners/operating partners to take an active role in daily operations. *Sales, customer relations, and supervisory skills, plus a strong work ethic coupled with honesty and integrity, are also important. *You must be able to meet the financial requirements for developing and operating a Seacrets business. General business experience

Financing Options
  Seacrets Golden Griddle
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  Seacrets Golden Griddle
Training *You and your key management and kitchen staff will receive up to eight weeks of training at our corporate location. *Additional training will be provided if hotel or nightclub operations are part of your franchise business
Support *Site Selection & Build-Out Guidance: site selection, building design and interior and exterior decor. *Initial Training and Ongoing Support: comprehensive corporate- and local-based training covering key business management functions. (Additional training will be provided to franchisees who oversee hotel or nightclub operations.) *Inventory Assistance: including planning and ordering initial equipment and supplies. *Established Standards and Procedures for every part of the business (front of house, back of house, bar, restaurant, music venues, and more), all detailed in our confidential operations manual. *Exclusive recipes, ingredients and cooking techniques for our specialty dishes, many of which are made from scratch; plus proprietary branded food products for retail sale. *Relationships with approved vendors and built-in volume discounts. *Marketing guidance and pre-developed materials for local advertising and promotions. 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
  Seacrets Golden Griddle
US Expansion
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile
Investment
Seacrets
Golden Griddle
Franchise Fee
Seacrets
Golden Griddle
Royalty Fee
Seacrets 6% and 10% from hotel
Golden Griddle 5%
Advertising Fee
Seacrets 1% local
Golden Griddle
Year Founded
Seacrets 0
Golden Griddle 1964
Year Franchised
Seacrets 0
Golden Griddle 1977
Term Of Agreement
Seacrets 10 years+10 +10
Golden Griddle 10 years
Renewal Fee
Seacrets
Golden Griddle


Business Experience Requirements
Experience
Seacrets *You or an operating partner within your franchise team must have significant foodservice and/or hospitality experience in order to qualify to become a Seacrets franchise owner. *In most cases, we expect franchise owners/operating partners to take an active role in daily operations. *Sales, customer relations, and supervisory skills, plus a strong work ethic coupled with honesty and integrity, are also important. *You must be able to meet the financial requirements for developing and operating a Seacrets business.
Golden Griddle General business experience

Financing Options
 
Franchise Fees
Seacrets
Golden Griddle
Start-up Costs
Seacrets
Golden Griddle
Equipment
Seacrets}
Golden Griddle
Inventory
Seacrets
Golden Griddle
Receivables
Seacrets
Golden Griddle
Payroll
Seacrets
Golden Griddle

Training & Support
Training
Seacrets *You and your key management and kitchen staff will receive up to eight weeks of training at our corporate location. *Additional training will be provided if hotel or nightclub operations are part of your franchise business
Golden Griddle
Support
Seacrets *Site Selection & Build-Out Guidance: site selection, building design and interior and exterior decor. *Initial Training and Ongoing Support: comprehensive corporate- and local-based training covering key business management functions. (Additional training will be provided to franchisees who oversee hotel or nightclub operations.) *Inventory Assistance: including planning and ordering initial equipment and supplies. *Established Standards and Procedures for every part of the business (front of house, back of house, bar, restaurant, music venues, and more), all detailed in our confidential operations manual. *Exclusive recipes, ingredients and cooking techniques for our specialty dishes, many of which are made from scratch; plus proprietary branded food products for retail sale. *Relationships with approved vendors and built-in volume discounts. *Marketing guidance and pre-developed materials for local advertising and promotions.
Golden Griddle Internet, Security/safety procedures, Field operations/evaluations
Marketing
Seacrets
Golden Griddle Co-op advertising, Ad slicks, Regional advertising
Operations
Seacrets
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)

Expansion Plans
US Expansion
Seacrets
Golden Griddle
Canada Expansion
Seacrets
Golden Griddle
International Expansion
Seacrets
Golden Griddle