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Updated RecentlyGolden Corral vs Fresh To Order Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Golden Corral vs Fresh To Order 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 | $489,500 - $646,500 |
| Franchise Fee | $50,000 | $30,000 |
| Royalty Fee | 4% | - |
| Advertising Fee | 2.4% | - |
| Year Founded | 1973 | 2005 |
| Year Franchised | 1986 | 2006 |
| 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 | *Experience as a restaurant operator for a five year minimum *Recognition as a top restaurant operator *Net worth of $1 million, Multi unit 2 Million *Liquid assets of $250,000, Multi unit $500,000 *Infrastructure and resources to meet our development schedule *Total commitment to the development of the f2o brand *Cultural fit and a passion for our concept |
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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 | *Real Estate and Site Selection Approval *Lease Review *Design and Construction Support and Assistance *Marketing and Public Relations *Comprehensive Six Week Pre-Opening Training Program *Continuing Education *Field Support *Purchasing and Distribution |
| 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 | - |
Company Overviews
About Golden Corral
Golden Corral restaurants began as budget steakhouses located principally in small cities from Virginia to Texas. In the mid-1980s, guest requests prompted Golden Corral to reinvent itself by introducing the Buffet & Grill Metro unit that features 160 hot and cold items, a carving station, and the Brass Bell Bakery, which offers rolls, muffins, cookies, pies and pizza made from scratch. The buffet was expanded in 2001 to include cooked-to-order sirloin steaks.
The total investment necessary to begin operation of a restaurant
ranges from $2,700,795 to $5,340,215 for the less expensive restaurant
design, and from $3,453,379 to $7,037,915 for the more expensive
restaurant design. This amount includes $51,400 to $4,482,285 that must
or may be paid to the franchisor or its affiliates.
#90 in Franchise 500 for 2020.
About Fresh To Order
When Pierre Panos envisioned the Fresh To Order concept, he didn’t
intend to pioneer a new style of dining that would change the industry,
he simply wanted to bring a finer dining experience to the masses at
fast casual price points in an elevated dining environment with
flavorful, always from scratch cooking. Pierre tapped Jesse Gideon, his
corporate chef from his Stoney River concept to lead the charge in
creating this food-first culture that is our DNA today…… No commissary
driven food here!
The future growth of Fresh To Order Franchising Company, LLC will be based upon company opened stores as well as the continued sale of single and multi unit franchises. We prefer to develop by selling market areas which require the franchise developer to open a number of units, typically 2-5 stores in a period of 3 years.
Be part of a new niche that we call "fast fine" with incredible food served in less than 10 minutes for around $10 while surrounded by beautiful facilities.
Beat the competition with a finer dining taste profile at a fast casual price point.
Be proud to serve proteins cooked fresh to order as they are ordered unlike all our competitors premade or commissary driven food.
Be passionate about the quality of a brand that actually has their brand promise entrenched in their name.
Lead the consumer trend towards the combination of healthy but flavorful food; a trend that experts agree is the future of dining.Fresh To Order is perfectly positioned to take advantage of this trend, our name specifically speaks to that.
Be part of a fast casual brand that has a dinner day part. The fast casual segment currently doesn't offer a broad selection of dinner entrees, beer and wine that attracts a more profitable dinner service; our menu drives dinner service close to 40% of our sales.
Work with an experienced, respected management team able to lead change and always keep your investment fresh and relevant.
f2o franchisees must be well-capitalized to open great stores and meet their development schedule. Additionally, they must have a proven track record as excellent restaurant operators to operate great Fresh To Order stores. All information submitted to Fresh To Order Franchising Company, LLC is used only to assist in the pre-screening of potential franchises, and will be kept confidential. If you are interested in developing a specific market and meet all of the preliminary requirements, please complete the form to the right.