L and L Franchise vs Golden Corral Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of L and L Franchise vs Golden Corral including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  L and L Franchise Golden Corral
Investment 133700 - 535000 2700795 - 7037915
Franchise Fee 0 0
Royalty Fee 3%-4% 4%
Advertising Fee 1%-2% 2.40%
Year Founded 1976 1973
Year Franchised 1991 1986
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  L and L Franchise Golden Corral
Experience Industry experience (or must have partner with industry experience.)

Financing Options
  L and L Franchise 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
  L and L Franchise Golden Corral
Training On-The-Job Training: 168 hours Classroom Training: 24 hours On-The-Job Training: 665 hours Classroom Training: 8.5 hours Additional Training: At company training location
Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection 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 Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app 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
  L and L Franchise 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 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 Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
International Expansion

Start-Up Costs and Fees Mobile
Investment
L and L Franchise
Golden Corral
Franchise Fee
L and L Franchise
Golden Corral
Royalty Fee
L and L Franchise 3%-4%
Golden Corral 4%
Advertising Fee
L and L Franchise 1%-2%
Golden Corral 2.40%
Year Founded
L and L Franchise 1976
Golden Corral 1973
Year Franchised
L and L Franchise 1991
Golden Corral 1986
Term Of Agreement
L and L Franchise
Golden Corral 15 years
Renewal Fee
L and L Franchise
Golden Corral 15 years (plus two, 5-year renewal options)


Business Experience Requirements
Experience
L and L Franchise
Golden Corral Industry experience (or must have partner with industry experience.)

Financing Options
 
Franchise Fees
L and L Franchise No
Golden Corral No
Start-up Costs
L and L Franchise
Golden Corral
Equipment
L and L Franchise}
Golden Corral
Inventory
L and L Franchise
Golden Corral
Receivables
L and L Franchise
Golden Corral
Payroll
L and L Franchise
Golden Corral

Training & Support
Training
L and L Franchise On-The-Job Training: 168 hours Classroom Training: 24 hours
Golden Corral On-The-Job Training: 665 hours Classroom Training: 8.5 hours Additional Training: At company training location
Support
L and L Franchise Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection
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
L and L Franchise Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Golden Corral National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations
L and L Franchise
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
L and L Franchise 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
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
L and L Franchise Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
Golden Corral
International Expansion
L and L Franchise
Golden Corral