Golden Krust vs Daphne's Greek Cafe Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Golden Krust vs Daphne's Greek Cafe including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Golden Krust Franchise
Daphne's Greek Cafe Franchise
Investment $159,200 - $564,000$1,500,000 - $3,000,000
Franchise Fee $15,000 - $25,000$40,000
Royalty Fee 3%5%
Advertising Fee 2%3%
Year Founded 1988-
Year Franchised 1996-
Term Of Agreement 10 years10 years +5+5
Term Of Agreement 10 years10 years +5+5
Renewal Fee $25K-


Business Experience Requirements

 
Golden Krust Franchise
Daphne's Greek Cafe Franchise
Experience - * Experience as a multi-unit restaurant operator * A proven track record in the restaurant and/or hospitality industries * Recognition as a top restaurant operator * Net worth of $3 million * Liquid assets of $1.5 million * Infrastructure and resources to meet our development schedule * Real estate experience in the market to be developed * Cultural fit and a passion for Fresh, Greek and Delicious cuisine

Financing Options

 
Golden Krust Franchise
Daphne's Greek Cafe Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/Yes-/-
Start-up Costs No/Yes-/-
Equipment No/Yes-/-
Inventory No/Yes-/-
Receivables No/Yes-/-
Payroll No/Yes-/-

Training & Support

 
Golden Krust Franchise
Daphne's Greek Cafe Franchise
Training Our Golden Krust franchise support continues throughout training and staff formation. We will train and assist you in opening and operating your franchise. Our highly experienced Golden Krust staff will take you through our comprehensive three-week course given at our Corporate training Center located at 1381 East Gunhill Road or other designated training restaurants. Upon completion of the course, you will be ready to operate your franchise. Members of our franchise support team will also assist you in your store during your first two weeks of opening to ensure that you are self-sufficient. After this time, the franchise support team will be readily available should you need further assistance. On-The-Job Training: 47 hours Classroom Training: 33 hours Additional Training: At designated operating store -
Support Golden Krust will guide you the franchisee in the critical decisions involved in starting your business: selecting a site, merchandising the franchise store, assisting with the initial inventory, hiring and training staff, beginning systematic marketing. We also assign experienced professional field service manager to monitor performance and provide advice and direction in regular operations. This ongoing engagement in the business has two purposes: It ensures that you will follow the franchise system, protecting the value of the Golden Krust's market identity. It also gives you the franchisee a consultant who is intimately familiar with this type of business to provide advice and problem solving assistance. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform -
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app -
Operations 25% of all franchisees own more than one unit

Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators)

Number of Employees Required to Run: 8 - 8

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Expansion Plans

 
Golden Krust Franchise
Daphne's Greek Cafe Franchise
US Expansion Yes-
Canada Expansion No-
International Expansion Yes-

Company Overviews

About Golden Krust

Our franchising program is predicated on the fact that the company will only remain competitive if our franchisees are successful. We are dedicated to achieving that success. Ours is a "partnership" with our franchisees. Consequently, we look for franchisees with certain qualities. These include a strong desire to succeed, the ability to lead effectively and the ability to devote the time and energy necessary to run a successful business. We, therefore, seek people with "common business sense" who are highly qualified to join the Golden Krust family.

Veteran Incentives  $10,000 off franchise fee

About Daphne's Greek Cafe

Acclaimed by the media, the Greek fast-casual eateries feature authentic dishes conceived and developed by founder, George Katakalidis. Daphne's Greek Cafe has become the largest, fast-casual Greek restaurant chain in the United States.

Daphne's Greek Cafe was founded in 1991 and currently has restaurants throughout Arizona, California, and Colorado. Acclaimed by the media, the Greek fast-casual eateries feature authentic dishes conceived and developed by founder and entrepreneur, George Katakalidis. While nursing an injury during his time as a professional soccer player with the San Diego Sockers, Katakalidis realized the opportunity for high quality Greek cuisine at reasonable prices. Sixteen years later, Daphne's Greek Cafe has become the largest, fast-casual Greek restaurant chain in the United States. The future growth of Daphne's Greek Cafe will be generated by the development of company owned restaurants as well as the sale of franchise area development agreements. Daphne's Greek Cafe does not sell single-unit franchises, so it is not possible to open just one cafe. If you are interested in a franchise area development agreement, please contact us.