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Below is an in-depth analysis and side-by-side comparison of Golden Griddle vs Scramblers 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 | $438,000 - $702,000 |
Franchise Fee | $25,000 | $25,000 |
Royalty Fee | 5% | - |
Advertising Fee | - | - |
Year Founded | 1964 | 2005 |
Year Franchised | 1977 | 2017 |
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 | - | You and/or your unit manager will attend our comprehensive, one to two week training program at one of our corporate restaurants. You will learn our operational procedures, merchandising techniques, payroll management, inventory control and other skills in a real working environment to make your business as successful as possible. |
Support | Internet, Security/safety procedures, Field operations/evaluations | We will help you develop a local marketing plan and we will provide you with ongoing marketing and advertising support including in-store signage materials, flyers, coupons, ad slicks, and more. Ongoing support - Your field representative will visit your periodically and he or she will also always be available by phone to answer any questions. Operations manuals - You will receive a complete set of operations manuals to assist you in the daily running of your store. Also, newsletters and personal contact will keep you current on new products, operational improvements and new information regarding supplies, equipment, federal and state regulations and promotional ideas. |
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 | - |
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.