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Updated RecentlyGolden Corral vs Village Inn Restaurants Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Golden Corral 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 | $2,700,795 - $7,037,915 | $963,000 - $2,570,000 |
| Franchise Fee | $50,000 | $40,000 |
| Royalty Fee | 4% | 4% |
| Advertising Fee | 2.4% | 1%local +0.5%Nat'l |
| Year Founded | 1973 | 1958 |
| Year Franchised | 1986 | 1961 |
| Term Of Agreement | 15 years | - |
| Term Of Agreement | 15 years | - |
| Renewal Fee | 15 years (plus two, 5-year renewal options) | - |
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/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | On-The-Job Training: 665 hours Classroom Training: 8.5 hours Additional Training: At company training location | - |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
| Marketing | National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
| Operations |
International franchisees required to buy multiple units/master licenses; 80% of all franchisees own more than one unit Number of employees needed to run franchised unit: 100 Absentee ownership of franchise is NOT allowed. (90% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Golden Corral
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