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Updated RecentlyHuddle House vs Cora's Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Huddle House vs Cora's including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $510,435 - $1,379,575 | $550,000 - $900,000 |
| Franchise Fee | $25,000 - $35,000 | $45,000 |
| Royalty Fee | 4% | 5% of net |
| Advertising Fee | 510,435 to $1,379,575 | 2% National Fund; 1% Local Fund |
| Year Founded | 1964 | 1987 |
| Year Franchised | 1966 | 1994 |
| Term Of Agreement | 15 years | - |
| Term Of Agreement | 15 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/Yes | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/Yes | -/- |
| Payroll | No/Yes | -/- |
Training & Support |
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| Training | - | We provide franchisees with 5 weeks of theoretical and practical training. |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | We support the restaurant with a team of trainers who are on site to help you and your staff. Our dedicated and experienced Operations team works with the franchisee to ensure respect of the Cora processes and high standards. Manuals covering all of the operating, marketing and management processes will be made available for your reference. You will benefit from a customized computer system helping you operate your business, keep track of key metrics, inventory, schedules, etc. We use a proprietary extranet information system which allows, through the Internet, automatic transfer and management of data. This system also offers online multimedia training. Using a touch screen, employees have access to online training related to their position in the restaurant. |
| Marketing | Co-op advertising, Ad slicks, National media | - |
| Operations |
40% of all franchisees own more than one unit Number of employees needed to run franchised unit: 24 Absentee ownership of franchise is allowed. (60% of current franchisees are owner/operators) | We require franchisees to be owner/operators. You can consider an operating partner; however, you and/or the operating partner must participate in all stages of the franchisee approval process. Your operating partner is required to hold a minimum of 25% of shares within the operating company. |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | No | No |
| International Expansion | No | No |
Company Overviews
About Huddle House
Huddle House started in Atlanta in the 1960s. The restaurants cater to travelers, with co-branded interstate locations at gas stations such as Exxon, BP, Citgo, Shell and Texaco. All franchises are open 24 hours a day, seven days a week, and offer breakfast, lunch and dinner at any time of day. Menus feature steaks, chicken, pork chops and seafood.
Breakfast is not only the most important meal of the day, it’s
everyone’s favorite. When you package a homestyle meal that everyone
loves with amazing Southern hospitality, a half-century of tradition and
a lively American diner that serves any meal of the day at any time of
the day, you have Huddle House - America’s iconic breakfast franchise.
At Huddle House, customers are always welcome, and they’re usually
greeted by name. Decatur, GA, was just a little farm town back in 1964
when founder John Sparks first came up with the idea for Huddle House.
He saw a group of boys after football practice, huddling up in his
restaurant, helmets and footballs still in hand. Sparks envisioned a
place where the community could gather, or huddle up, any time.
The total investment necessary to begin operation of a Huddle House franchise is $510,435 to $1,379,575 for a New Development Unit when leasing the land and building and purchasing the equipment and signs. This includes $83,490 to $113,490 that must be paid to the franchisor or its affiliates.
If you sign a development agreement for the opportunity
to develop multiple Huddle House franchises (the franchisor does not
specify a minimum number to be eligible for a development agreement),
you will pay a development fee for the rights to those development
opportunities. The development fee will vary depending on the number of
Huddle House Restaurants you are committed to develop, and is calculated
as the total of the $35,000 for your first franchise and $17,500 for
each additional franchise to be developed (the development fee is
separate from the initial franchise fee).
The total investment necessary
under a Market Development Agreement (based on a commitment of two to
three Huddle House Restaurants) ranges from $55,000 to $72,500. This
includes $52,500 to $70,000 that must be paid to the franchisor.
About Cora's
Motivated by the success of her breakfast concept, Cora and her ambitious family decided to franchise their restaurants.
For Cora, developing the breakfast food business niche meant doing it better than anybody had ever done it anywhere. Like any good recipe, success takes time to perfect. Cora, supported by her diligent team, slowly but surely developed more expertise in the business, and her unwavering drive for perfection earned her the title, "Queen of Quebec Breakfasts." Because she loved cooking for a crowd, Cora was continually opening new restaurants until she realized she could teach others her winning recipe. So began her journey into franchising.
In 1993, Cora explored the possibility of franchising and was delighted to find that her business formula met all the criteria established by franchising specialists. Her dream of having restaurants throughout Quebec was about to become a reality. Franchising soon became Cora's business strategy to achieve her primary objective. For Cora, franchising allowed her to: offer breakfasts in as many places as possible, as often as possible and to as many guests as possible.
Cora soon understood that by franchising, the team would be able to quickly build a strong brand image and dominate the Quebec market. An exciting new chapter for the newly formed Franchises Cora Inc. began in April 1994 when it granted its first franchise to open a restaurant in Pointe-Claire, in Montreal's West Island community. Ten more franchises would follow shortly. Always looking for a challenge, the Cora team's new objective was to open restaurants "all over Canada."
In 2000, Cora developed the Cora Franchise Group to target the market in the rest of Canada, and soon opened its first restaurant in Nepean, Ontario. Shortly after, Cora also conquered other Ontario markets as well as markets in the Atlantic Provinces, Manitoba and Alberta.
The result of franchising is impressive. The Cora chain now includes 130 restaurants across Canada, with additional restaurants opening their doors in the year to come. Today, the Cora network of restaurants serve 250,000 guests each week and is recognized as the leader in the breakfast industry in Canada.
Would you like to join the Cora family? Find out about franchising opportunities http://www.chezcora.com/en/franchise-opportunities
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#75 in Canada's Top franchises.