Start-Up Costs and Fees |
||
| The Pantry | Golden Corral | |
| Investment | 450000 - 600000 | 2700795 - 7037915 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | |
| Advertising Fee | 2.40% | |
| Year Founded | 1975 | 1973 |
| Year Franchised | 1977 | 1986 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The Pantry | Golden Corral | |
| Experience | Industry experience (or must have partner with industry experience.) | |
Financing Options |
||
| The Pantry | Golden Corral | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| The Pantry | Golden Corral | |
| 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 | |
| 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) | |
Expansion Plans |
||
| The Pantry | Golden Corral | |
| 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| The Pantry | |
| Golden Corral | |
| Franchise Fee | |
| The Pantry | |
| Golden Corral | |
| Royalty Fee | |
| The Pantry | |
| Golden Corral | 4% |
| Advertising Fee | |
| The Pantry | |
| Golden Corral | 2.40% |
| Year Founded | |
| The Pantry | 1975 |
| Golden Corral | 1973 |
| Year Franchised | |
| The Pantry | 1977 |
| Golden Corral | 1986 |
| Term Of Agreement | |
| The Pantry | |
| Golden Corral | 15 years |
| Renewal Fee | |
| The Pantry | |
| Golden Corral | 15 years (plus two, 5-year renewal options) |
Business Experience Requirements |
|
| Experience | |
| The Pantry | |
| Golden Corral | Industry experience (or must have partner with industry experience.) |
Financing Options |
|
| Franchise Fees | |
| The Pantry | |
| Golden Corral | |
| Start-up Costs | |
| The Pantry | |
| Golden Corral | |
| Equipment | |
| The Pantry} | |
| Golden Corral | |
| Inventory | |
| The Pantry | |
| Golden Corral | |
| Receivables | |
| The Pantry | |
| Golden Corral | |
| Payroll | |
| The Pantry | |
| Golden Corral | |
Training & Support |
|
| Training | |
| The Pantry | |
| Golden Corral | On-The-Job Training: 665 hours Classroom Training: 8.5 hours Additional Training: At company training location |
| Support | |
| The Pantry | |
| Golden Corral | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| The Pantry | |
| Golden Corral | National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| The Pantry | |
| 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) |
Expansion Plans |
|
| US Expansion | |
| The Pantry | |
| 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 |
| Canada Expansion | |
| The Pantry | 0 |
| Golden Corral | |
| International Expansion | |
| The Pantry | |
| Golden Corral | |