Start-Up Costs and Fees |
||
| Arthur Treacher's | Golden Corral | |
| Investment | 145000 - 268000 | 2700795 - 7037915 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 5% | 4% |
| Advertising Fee | 2.40% | |
| Year Founded | 1969 | 1973 |
| Year Franchised | 1969 | 1986 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Arthur Treacher's | Golden Corral | |
| Experience | Industry experience General business experience | Industry experience (or must have partner with industry experience.) |
Financing Options |
||
| Arthur Treacher's | Golden Corral | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Arthur Treacher's | Golden Corral | |
| Training | On-The-Job Training: 665 hours Classroom Training: 8.5 hours Additional Training: At company training location | |
| Support | Newsletter, Meetings, Grand opening, Field operations/evaluations | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | Number of employees needed to run franchise unit: 10 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | 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 |
||
| Arthur Treacher's | 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Arthur Treacher's | |
| Golden Corral | |
| Franchise Fee | |
| Arthur Treacher's | |
| Golden Corral | |
| Royalty Fee | |
| Arthur Treacher's | 5% |
| Golden Corral | 4% |
| Advertising Fee | |
| Arthur Treacher's | |
| Golden Corral | 2.40% |
| Year Founded | |
| Arthur Treacher's | 1969 |
| Golden Corral | 1973 |
| Year Franchised | |
| Arthur Treacher's | 1969 |
| Golden Corral | 1986 |
| Term Of Agreement | |
| Arthur Treacher's | 10 years |
| Golden Corral | 15 years |
| Renewal Fee | |
| Arthur Treacher's | Current fee |
| Golden Corral | 15 years (plus two, 5-year renewal options) |
Business Experience Requirements |
|
| Experience | |
| Arthur Treacher's | Industry experience General business experience |
| Golden Corral | Industry experience (or must have partner with industry experience.) |
Financing Options |
|
| Franchise Fees | |
| Arthur Treacher's | No |
| Golden Corral | No |
| Start-up Costs | |
| Arthur Treacher's | |
| Golden Corral | |
| Equipment | |
| Arthur Treacher's} | |
| Golden Corral | |
| Inventory | |
| Arthur Treacher's | |
| Golden Corral | |
| Receivables | |
| Arthur Treacher's | |
| Golden Corral | |
| Payroll | |
| Arthur Treacher's | |
| Golden Corral | |
Training & Support |
|
| Training | |
| Arthur Treacher's | |
| Golden Corral | On-The-Job Training: 665 hours Classroom Training: 8.5 hours Additional Training: At company training location |
| Support | |
| Arthur Treacher's | Newsletter, Meetings, Grand opening, Field operations/evaluations |
| 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 | |
| Arthur Treacher's | Co-op advertising, Ad slicks, Regional advertising |
| Golden Corral | National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Arthur Treacher's | Number of employees needed to run franchise unit: 10 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
| 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 | |
| Arthur Treacher's | |
| 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 | |
| Arthur Treacher's | |
| Golden Corral | |
| International Expansion | |
| Arthur Treacher's | |
| Golden Corral | |