Golden Corral vs Bombshells Restaurant Franchise Comparison

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

Start-Up Costs and Fees
 
Golden Corral Franchise
Bombshells Restaurant Franchise
Investment $2,700,795 - $7,037,915$1,731,000 - $3,086,000
Franchise Fee $50,000$50,000
Royalty Fee 4%5.5%
Advertising Fee 2.4%-
Year Founded 19732015
Year Franchised 19862015
Term Of Agreement 15 years-
Term Of Agreement 15 years-
Renewal Fee 15 years (plus two, 5-year renewal options)-


Business Experience Requirements
 
Golden Corral Franchise
Bombshells Restaurant Franchise
Experience
  • Industry experience
  • (or must have partner with industry experience.)
    		• -

    Financing Options
     
    Golden Corral Franchise
    Bombshells Restaurant Franchise
      In-House/3rd PartyIn-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
     
    Golden Corral Franchise
    Bombshells Restaurant Franchise
    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
     
    Golden Corral Franchise
    Bombshells Restaurant Franchise
    US Expansion YesYes
    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 Bombshells Restaurant

    "Bombshells
    The first Bombshells opened in March of 2013 in Dallas, quickly becoming one of the most popular restaurant destinations in the area. There are now stores in Dallas, Austin, and Houston. Our concept has exceptional Average Unit Volumes with a strong lunch, happy hour, dinner, and after dinner entertainment with strong bar business.

    The total investment necessary to begin operation of a single Bombshells Restaurant ranges from $1,731,000 to $2,916,000 for Restaurants established in connection with converting existing space and $2,231,000 to $3,086,000 for Restaurants that are established by new development and construction. This amount includes approximately $90,500 to $106,500 that must be paid to the franchisor or their affiliates, depending upon whether the franchisor requires you to pay the architect training fee and the audio/visual plan review fee. If you sign a Development Agreement, you will also pay a development fee equal to the total of 100% of the initial franchise fee for the first Restaurant to be developed plus 50% of the initial franchise fee for each additional Restaurant to be developed. The pro rata portion of the development fee allocable to each Restaurant will be credited against the initial franchise fee due for that Restaurant.