Start-Up Costs and Fees |
||
| Golden Corral | White Spot Restaurants | |
| Investment | 2700795 - 7037915 | 900000 - 999999 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | |
| Advertising Fee | 2.40% | |
| Year Founded | 1973 | 1928 |
| Year Franchised | 1986 | 1994 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Golden Corral | White Spot Restaurants | |
| Experience | Industry experience (or must have partner with industry experience.) | |
Financing Options |
||
| Golden Corral | White Spot Restaurants | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Golden Corral | White Spot Restaurants | |
| 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 |
||
| Golden Corral | White Spot Restaurants | |
| 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 | |
| Golden Corral | |
| White Spot Restaurants | |
| Franchise Fee | |
| Golden Corral | |
| White Spot Restaurants | |
| Royalty Fee | |
| Golden Corral | 4% |
| White Spot Restaurants | |
| Advertising Fee | |
| Golden Corral | 2.40% |
| White Spot Restaurants | |
| Year Founded | |
| Golden Corral | 1973 |
| White Spot Restaurants | 1928 |
| Year Franchised | |
| Golden Corral | 1986 |
| White Spot Restaurants | 1994 |
| Term Of Agreement | |
| Golden Corral | 15 years |
| White Spot Restaurants | |
| Renewal Fee | |
| Golden Corral | 15 years (plus two, 5-year renewal options) |
| White Spot Restaurants | |
Business Experience Requirements |
|
| Experience | |
| Golden Corral | Industry experience (or must have partner with industry experience.) |
| White Spot Restaurants | |
Financing Options |
|
| Franchise Fees | |
| Golden Corral | No |
| White Spot Restaurants | No |
| Start-up Costs | |
| Golden Corral | |
| White Spot Restaurants | |
| Equipment | |
| Golden Corral} | |
| White Spot Restaurants | |
| Inventory | |
| Golden Corral | |
| White Spot Restaurants | |
| Receivables | |
| Golden Corral | |
| White Spot Restaurants | |
| Payroll | |
| Golden Corral | |
| White Spot Restaurants | |
Training & Support |
|
| Training | |
| Golden Corral | On-The-Job Training: 665 hours Classroom Training: 8.5 hours Additional Training: At company training location |
| White Spot Restaurants | |
| Support | |
| Golden Corral | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| White Spot Restaurants | |
| Marketing | |
| Golden Corral | National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| White Spot Restaurants | |
| Operations | |
| 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) |
| White Spot Restaurants | |
Expansion Plans |
|
| US Expansion | |
| 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 |
| White Spot Restaurants | |
| Canada Expansion | |
| Golden Corral | |
| White Spot Restaurants | 0 |
| International Expansion | |
| Golden Corral | |
| White Spot Restaurants | |