Start-Up Costs and Fees |
||
| Golden Griddle | Black Bear Diners | |
| Investment | 100000 - 450000 | 1133800 - 2114200 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 4.50% |
| Advertising Fee | 1% | |
| Year Founded | 1964 | 1995 |
| Year Franchised | 1977 | 2002 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Golden Griddle | Black Bear Diners | |
| Experience | General business experience | |
Financing Options |
||
| Golden Griddle | Black Bear Diners | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Golden Griddle | Black Bear Diners | |
| Training | On-The-Job Training: 240 hours Additional Training: At certified training restaurants | |
| Support | Internet, Security/safety procedures, Field operations/evaluations | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Operations | Franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 - 30 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Number of Employees Required to Run: 65 |
Expansion Plans |
||
| Golden Griddle | Black Bear Diners | |
| 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 | |
| Golden Griddle | |
| Black Bear Diners | |
| Franchise Fee | |
| Golden Griddle | |
| Black Bear Diners | |
| Royalty Fee | |
| Golden Griddle | 5% |
| Black Bear Diners | 4.50% |
| Advertising Fee | |
| Golden Griddle | |
| Black Bear Diners | 1% |
| Year Founded | |
| Golden Griddle | 1964 |
| Black Bear Diners | 1995 |
| Year Franchised | |
| Golden Griddle | 1977 |
| Black Bear Diners | 2002 |
| Term Of Agreement | |
| Golden Griddle | 10 years |
| Black Bear Diners | |
| Renewal Fee | |
| Golden Griddle | |
| Black Bear Diners | |
Business Experience Requirements |
|
| Experience | |
| Golden Griddle | General business experience |
| Black Bear Diners | |
Financing Options |
|
| Franchise Fees | |
| Golden Griddle | No |
| Black Bear Diners | No |
| Start-up Costs | |
| Golden Griddle | |
| Black Bear Diners | |
| Equipment | |
| Golden Griddle} | |
| Black Bear Diners | |
| Inventory | |
| Golden Griddle | |
| Black Bear Diners | |
| Receivables | |
| Golden Griddle | |
| Black Bear Diners | |
| Payroll | |
| Golden Griddle | |
| Black Bear Diners | |
Training & Support |
|
| Training | |
| Golden Griddle | |
| Black Bear Diners | On-The-Job Training: 240 hours Additional Training: At certified training restaurants |
| Support | |
| Golden Griddle | Internet, Security/safety procedures, Field operations/evaluations |
| Black Bear Diners | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Franchisee Intranet Platform |
| Marketing | |
| Golden Griddle | Co-op advertising, Ad slicks, Regional advertising |
| Black Bear Diners | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Operations | |
| Golden Griddle | Franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 - 30 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Black Bear Diners | Number of Employees Required to Run: 65 |
Expansion Plans |
|
| US Expansion | |
| Golden Griddle | |
| Black Bear Diners | 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 | |
| Golden Griddle | |
| Black Bear Diners | |
| International Expansion | |
| Golden Griddle | |
| Black Bear Diners | |