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Friday
Apr232010

Golden Griddle Franchise

Full-service family restaurant

Start-up Costs & Franchises Fees

What is the total cost to open a Golden Griddle Franchises?

Total Cost: $100,000 USD -$450,000 USD
Total Franchise Fees: $25,000 USD
Ongoing Royalty Fees: 5%
Ongoing Advertising Fees:
Term of Agreement: 10 years

Contact Information for Golden Griddle

Golden Griddle Family Restaurants
10 Allstate Pkwy.
Markham, ON
L3R 5P8

Phone Number: (416)493-3800
Fax Number: (416)493-3889

Franchise Homepage:

Golden Griddle In the Press

No results at this time.

Historical Expansion

In what year did Golden Griddle begin operations? 1964
When did Golden Griddle begin selling franchises? 1977

Year United States Canada International Corporate
2005 0 36 0 0
2004 0 37 0 0
2003 0 37 0 0
2002 0 0 0 0
2001 0 0 0 0

Future Expansion

Countries of Interest:

Franchise Financing Information

Cost In House Financing Available? 3rd Party Financing Available?
Franchise Fee No No
Initial Start-up Capital No No
Plant, Property, and Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Training & Support

Support
Internet referrals, Safety and Security procedures, Field support and site evaluation
Marketing
Cooperative advertising, Ad slicks, Regional advertising support

Franchise Operation Restrictions

Franchise business owners required to buy multiple units/master licenses; 10% of all franchise business owners own more than one franchise location.

Number of employees needed to run franchised unit: 20 - 30

Absentee ownership of this franchise business is not available to new franchisees. (100% of current franchise business owners are owner/operators)

Qualifications & Business Experience

Business Experience:
  • General business experience
  • Franchise Analyzer Professional's Inside Information

    Can you buy this franchise for no money down? Yes
    What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
    Can you negotiate lower royalties during start-up? Yes
    Can you purchase multiple franchises for a discounted franchise fee? Yes
    Can you receive lower advertising fees? Yes
    Will I know when the franchise break even? Yes
    Will my personal assets including my home be safe in case my franchise business fails? Yes
    Please note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.