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Updated RecentlyGolden Corral vs Perko's Cafe Grill Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Golden Corral vs Perko's Cafe 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 | $292,500 - $1,357,000 |
| Franchise Fee | $50,000 | $35,000 |
| Royalty Fee | 4% | 4% |
| Advertising Fee | 2.4% | - |
| Year Founded | 1973 | - |
| Year Franchised | 1986 | - |
| 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 | - | |
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 | 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 Perko's Cafe Grill
!["Perkos]("https://fddexchange.com/wp-content/uploads/2020/01/Perko%E2%80%99s-Cafe-Grill.jpg")
Perko's Cafe Grill is excited to speak with you concerning your potential investment in a new
franchise. With decades of experience behind us and the future before
us, the Perko's Cafe Grill team will join forces with you to
build your business on a solid foundation. Perko's Cafe Grill will assist you with
site selection, plan design, project management, restaurant operations
and marketing. Perko's Cafe Grill is committed to providing support for you through the
development process of getting your restaurant open for business.