Start-Up Costs and Fees |
||
| Taste Of Mediterranean | Golden Corral | |
| Investment | 99000 - 999999 | 2700795 - 7037915 |
| Franchise Fee | 0 | |
| Royalty Fee | $1,000. a month, Flat Fee. | 4% |
| Advertising Fee | 2% | 2.40% |
| Year Founded | 2004 | 1973 |
| Year Franchised | 2007 | 1986 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Taste Of Mediterranean | Golden Corral | |
| Experience | Industry experience (or must have partner with industry experience.) | |
Financing Options |
||
| Taste Of Mediterranean | Golden Corral | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Taste Of Mediterranean | Golden Corral | |
| Training | Full hands on trianing for 2 weeks at one of our location. | 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 |
||
| Taste Of Mediterranean | 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 | |
| Taste Of Mediterranean | |
| Golden Corral | |
| Franchise Fee | |
| Taste Of Mediterranean | |
| Golden Corral | |
| Royalty Fee | |
| Taste Of Mediterranean | $1,000. a month, Flat Fee. |
| Golden Corral | 4% |
| Advertising Fee | |
| Taste Of Mediterranean | 2% |
| Golden Corral | 2.40% |
| Year Founded | |
| Taste Of Mediterranean | 2004 |
| Golden Corral | 1973 |
| Year Franchised | |
| Taste Of Mediterranean | 2007 |
| Golden Corral | 1986 |
| Term Of Agreement | |
| Taste Of Mediterranean | |
| Golden Corral | 15 years |
| Renewal Fee | |
| Taste Of Mediterranean | |
| Golden Corral | 15 years (plus two, 5-year renewal options) |
Business Experience Requirements |
|
| Experience | |
| Taste Of Mediterranean | |
| Golden Corral | Industry experience (or must have partner with industry experience.) |
Financing Options |
|
| Franchise Fees | |
| Taste Of Mediterranean | |
| Golden Corral | |
| Start-up Costs | |
| Taste Of Mediterranean | |
| Golden Corral | |
| Equipment | |
| Taste Of Mediterranean} | |
| Golden Corral | |
| Inventory | |
| Taste Of Mediterranean | |
| Golden Corral | |
| Receivables | |
| Taste Of Mediterranean | |
| Golden Corral | |
| Payroll | |
| Taste Of Mediterranean | |
| Golden Corral | |
Training & Support |
|
| Training | |
| Taste Of Mediterranean | Full hands on trianing for 2 weeks at one of our location. |
| Golden Corral | On-The-Job Training: 665 hours Classroom Training: 8.5 hours Additional Training: At company training location |
| Support | |
| Taste Of Mediterranean | |
| 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 | |
| Taste Of Mediterranean | |
| Golden Corral | National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Taste Of Mediterranean | |
| 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 | |
| Taste Of Mediterranean | |
| 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 | |
| Taste Of Mediterranean | |
| Golden Corral | |
| International Expansion | |
| Taste Of Mediterranean | |
| Golden Corral | |