Friday
Apr232010
Golden Griddle Franchise
Friday, April 23, 2010 at 12:46AM 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
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Golden Griddle Family Restaurants |
Phone Number: (416)493-3800 |
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? YesPlease 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.
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
Jason Rager | Comments Off | 



