Golden Griddle vs Black Bear Diners Franchise Comparison

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

Start-Up Costs and Fees
 
Golden Griddle Franchise
Black Bear Diners Franchise
Investment $100,000 - $450,000$1,133,800 - $2,114,200
Franchise Fee $25,000$55,000
Royalty Fee 5%4.5%
Advertising Fee -1%
Year Founded 19641995
Year Franchised 19772002
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Golden Griddle Franchise
Black Bear Diners Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Golden Griddle Franchise
    Black Bear Diners Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Golden Griddle Franchise
    Black Bear Diners Franchise
    Training - On-The-Job Training: 240 hours Additional Training: At certified training restaurants
    Support Internet, Security/safety procedures, Field operations/evaluationsNewsletter Meetings/Conventions Grand Opening Online Support Field Operations Franchisee Intranet Platform
    Marketing Co-op advertising, Ad slicks, Regional advertising Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
    Operations Franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 20 - 30

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    		Number of Employees Required to Run: 65

    Expansion Plans
     
    Golden Griddle Franchise
    Black Bear Diners Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Golden Griddle

    Golden Griddle was established in 1964, and started franchising in 1977. Their head office is located in Toronto, Ontario Canada, and the company is privately owned. Each Golden Griddle Family Restaurant is owned and operated by a franchisee in their local area, you can find many of these franchises open 24 hours. The Golden Griddle is famous for their great delicious pancakes and all day breakfast. They have a Kids menu, and serve a wide variety of meals for lunch and dinner, and are licensed to serve beer, wine and alcohol. There are Golden Griddle locations in the Greater Toronto area, South Western Ontario, Central Ontario and Eastern Ontario.

    About Black Bear Diners

    Black Bear Diner is proud of the training and support we provide to our franchisees. Through this we have earned the honor of being one of Franchise Business Review’s “Top 50 Franchisors” for two years. We have an experienced support team to make sure you and your staff are fully supported and well trained.

    "Entrepreneur
    #469 in Franchise 500 for 2020.