Start-Up Costs and Fees |
||
| Golden Griddle | I Dream of Falafel | |
| Investment | 100000 - 450000 | 337811 - 470302 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 3% | |
| Year Founded | 1964 | 2009 |
| Year Franchised | 1977 | 2011 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Golden Griddle | I Dream of Falafel | |
| Experience | General business experience | Prior experience in foodservice is a plus but not required to join the I Dream of Falafel system. We look for franchise owners who have solid staff management and customer service skills. We are also seeking franchise owners who will be directly involved in the operations and growth of their I Dream of Falafel businesses, unless they have an operating partner with a minimum equity in the business. In turn, we'll provide the support franchisees need to run their I Dream of Falafel operations. We do, of course, also expect that franchisees have the right amount of capital to invest in the franchise. |
Financing Options |
||
| Golden Griddle | I Dream of Falafel | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Golden Griddle | I Dream of Falafel | |
| Training | We will provide pre-opening franchisee training to up to three individuals for up to 28 days at our corporate support center, plus up to ten days of onsite assistance and training around the time of your restaurant's Grand Opening. | |
| Support | Internet, Security/safety procedures, Field operations/evaluations | We will provide pre-opening franchisee training to up to three individuals for up to 28 days at our corporate support center, plus up to ten days of onsite assistance and training around the time of your restaurant's Grand Opening. As a franchise owner, you will have access to all I Dream of Falafel trademarks, recipes and procedures. We'll also present you with a copy of our confidential operations manual to help you run your restaurant properly on a day-to-day basis. |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| 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) | |
Expansion Plans |
||
| Golden Griddle | I Dream of Falafel | |
| US Expansion | Illinois, Wisconsin | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Golden Griddle | |
| I Dream of Falafel | |
| Franchise Fee | |
| Golden Griddle | |
| I Dream of Falafel | |
| Royalty Fee | |
| Golden Griddle | 5% |
| I Dream of Falafel | 5% |
| Advertising Fee | |
| Golden Griddle | |
| I Dream of Falafel | 3% |
| Year Founded | |
| Golden Griddle | 1964 |
| I Dream of Falafel | 2009 |
| Year Franchised | |
| Golden Griddle | 1977 |
| I Dream of Falafel | 2011 |
| Term Of Agreement | |
| Golden Griddle | 10 years |
| I Dream of Falafel | 10 years +5+5 |
| Renewal Fee | |
| Golden Griddle | |
| I Dream of Falafel | |
Business Experience Requirements |
|
| Experience | |
| Golden Griddle | General business experience |
| I Dream of Falafel | Prior experience in foodservice is a plus but not required to join the I Dream of Falafel system. We look for franchise owners who have solid staff management and customer service skills. We are also seeking franchise owners who will be directly involved in the operations and growth of their I Dream of Falafel businesses, unless they have an operating partner with a minimum equity in the business. In turn, we'll provide the support franchisees need to run their I Dream of Falafel operations. We do, of course, also expect that franchisees have the right amount of capital to invest in the franchise. |
Financing Options |
|
| Franchise Fees | |
| Golden Griddle | No |
| I Dream of Falafel | No |
| Start-up Costs | |
| Golden Griddle | |
| I Dream of Falafel | |
| Equipment | |
| Golden Griddle} | |
| I Dream of Falafel | |
| Inventory | |
| Golden Griddle | |
| I Dream of Falafel | |
| Receivables | |
| Golden Griddle | |
| I Dream of Falafel | |
| Payroll | |
| Golden Griddle | |
| I Dream of Falafel | |
Training & Support |
|
| Training | |
| Golden Griddle | |
| I Dream of Falafel | We will provide pre-opening franchisee training to up to three individuals for up to 28 days at our corporate support center, plus up to ten days of onsite assistance and training around the time of your restaurant's Grand Opening. |
| Support | |
| Golden Griddle | Internet, Security/safety procedures, Field operations/evaluations |
| I Dream of Falafel | We will provide pre-opening franchisee training to up to three individuals for up to 28 days at our corporate support center, plus up to ten days of onsite assistance and training around the time of your restaurant's Grand Opening. As a franchise owner, you will have access to all I Dream of Falafel trademarks, recipes and procedures. We'll also present you with a copy of our confidential operations manual to help you run your restaurant properly on a day-to-day basis. |
| Marketing | |
| Golden Griddle | Co-op advertising, Ad slicks, Regional advertising |
| I Dream of Falafel | |
| 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) |
| I Dream of Falafel | |
Expansion Plans |
|
| US Expansion | |
| Golden Griddle | |
| I Dream of Falafel | Illinois, Wisconsin |
| Canada Expansion | |
| Golden Griddle | |
| I Dream of Falafel | |
| International Expansion | |
| Golden Griddle | |
| I Dream of Falafel | |