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Updated RecentlyGolden Griddle vs Village Inn Restaurants Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Golden Griddle vs Village Inn Restaurants including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $100,000 - $450,000 | $963,000 - $2,570,000 |
| Franchise Fee | $25,000 | $40,000 |
| Royalty Fee | 5% | 4% |
| Advertising Fee | - | 1%local +0.5%Nat'l |
| Year Founded | 1964 | 1958 |
| Year Franchised | 1977 | 1961 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
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/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | - |
| Support | Internet, Security/safety procedures, Field operations/evaluations | - |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
| 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) | - |
Expansion Plans |
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| US Expansion | - | - |
| 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 Village Inn Restaurants
Village Inn is a proven family-restaurant brand that follows a simple
recipe for success: Provide good food and good feelings at a reasonable
price in a relaxing atmosphere. By treating our customers to
consistently great-tasting food, extra-friendly service and
sparkling-clean restaurants - we keep them coming back to us.
Since our first restaurant opened in 1958, followed by the first
franchise restaurant in 1961, times have changed. But as Village Inn’s
continued growth and success demonstrate, our unique brand of family
restaurant will never go out of style.
Each Village Inn restaurant features special qualities that set us apart from our competition:
- delicious menu of home-style fare, including signature breakfast foods served throughout the day, lunch and dinner selections and award-winning pies
- tradition of treating our customers as if they are guests in our home
- warm and inviting interior design, featuring welcoming lobbies and tempting pie displays
The qualities we look for in our partners include:
- A proven track record in the restaurant and/or hospitality business
- A history of business achievement
- The drive, passion and determination to succeed in a highly competitive environment
- An unwavering commitment to follow the systems and uphold the standards that define Village Inn
- An entrepreneurial spirit
In turn, Village Inn provides support for operating:
- A proven business model
- An increasingly familiar brand name
- A proven Operating and Management System