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Below is an in-depth analysis and side-by-side comparison of Golden Corral vs Manny's Grill including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $2,700,795 - $7,037,915 | $171,235 - $516,652 |
Franchise Fee | $50,000 | $25,000 |
Royalty Fee | 4% | 5% |
Advertising Fee | 2.4% | - |
Year Founded | 1973 | 1993 |
Year Franchised | 1986 | 2007 |
Term Of Agreement | 15 years | - |
Term Of Agreement | 15 years | - |
Renewal Fee | 15 years (plus two, 5-year renewal options) | - |
Business Experience Requirements |
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Experience | First and foremost, you should be a "people person" who believes in making the customer your top priority. We're looking for hands-on operators with prior small business experience who will oversee the restaurant's day-to-day operation. Candidates should possess b sales and effective management abilities, combined with maturity and high standards. We seek people who are actively involved in their communities and have a well-established network of personal contacts. Finally, you must be able to meet the initial investment requirements. | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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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 |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Manny’s Neighborhood Grill, the full-service restaurant and bar
counterpart to the fast-casual Manny’s Mediterranean Cafe, serves up the
same delicious Mediterranean-style fare in a sit-down atmosphere. The
Mediterranean grill franchise has been recognized by several regional
publications for its ability to cater to a variety of customers.
We are looking for Entrepreneurs with exceptional interpersonal and customer service
skills, who possess prior small business experience and are comfortable
managing and handling day-to-day sales