Golden Griddle vs Zaxby's Franchise Comparison

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

Start-Up Costs and Fees

 
Golden Griddle Franchise
Zaxby's Franchise
Investment $100,000 - $450,000 $343,200 - $695,200
Franchise Fee $25,000 $35,000
Royalty Fee 5% 6%
Advertising Fee - 2.87%-5%
Year Founded 1964 1990
Year Franchised 1977 1994
Term Of Agreement 10 years -
Term Of Agreement 10 years -
Renewal Fee - -


Business Experience Requirements

 
Golden Griddle Franchise
Zaxby's Franchise
Experience
  • General business experience
  • Prospective Franchisees must meet the following criteria to be considered: Collective net worth of at least $1,000,000, with liquid assets greater than $500,000 (liquidity being defined as cash or any asset that could be converted to cash within ten business days). Ability to satisfactorily pass background checks for the following: reasonable credit worthiness, no criminal convictions, no history of extensive litigation, and satisfactory motor vehicle report. Willingness of all investors to personally guarantee any obligations that are required under the license agreement. Willingness to make a commitment to this venture within 60 – 90 days of signing a license agreement. Belief that guest service is of critical importance in restaurant operations.

    Financing Options

     
    Golden Griddle Franchise
    Zaxby's Franchise
      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 -/Yes

    Training & Support

     
    Golden Griddle Franchise
    Zaxby's Franchise
    Training - The initial training program is eight weeks long, consisting of a one-week orientation phase at Zaxby's Franchising, Inc.'s training center, three two-week phases at a training restaurant and the final one-week phase back at ZFI's training center. Ongoing support and training updates, in addition to other business development practices - including onsite inspections - are conducted regularly throughout the franchise system.
    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

     
    Golden Griddle Franchise
    Zaxby's Franchise
    US Expansion - Yes
    Canada Expansion No -
    International Expansion Yes -

    Start-Up Costs and Fees Mobile

    Investment
    Golden Griddle Franchise
    $100,000 - $450,000
    Zaxby's Franchise
    $343,200 - $695,200
    Franchise Fee
    Golden Griddle Franchise
    $25,000
    Zaxby's Franchise
    $35,000
    Royalty Fee
    Golden Griddle Franchise
    5%
    Zaxby's Franchise
    6%
    Advertising Fee
    Golden Griddle Franchise
    -
    Zaxby's Franchise
    2.87%-5%
    Year Founded
    Golden Griddle Franchise
    1964
    Zaxby's Franchise
    1990
    Year Franchised
    Golden Griddle Franchise
    1977
    Zaxby's Franchise
    1994
    Term Of Agreement
    Golden Griddle Franchise
    10 years
    Zaxby's Franchise
    -
    Renewal Fee
    Golden Griddle Franchise
    -
    Zaxby's Franchise
    -


    Business Experience Requirements

    Experience
    Golden Griddle Franchise

  • General business experience
  • Zaxby's Franchise
    Prospective Franchisees must meet the following criteria to be considered: Collective net worth of at least $1,000,000, with liquid assets greater than $500,000 (liquidity being defined as cash or any asset that could be converted to cash within ten business days). Ability to satisfactorily pass background checks for the following: reasonable credit worthiness, no criminal convictions, no history of extensive litigation, and satisfactory motor vehicle report. Willingness of all investors to personally guarantee any obligations that are required under the license agreement. Willingness to make a commitment to this venture within 60 – 90 days of signing a license agreement. Belief that guest service is of critical importance in restaurant operations.

    Financing Options

      In-House/3rd Party
    Franchise Fees
    Golden Griddle Franchise
    No/No
    Zaxby's Franchise
    -/-
    Start-up Costs
    Golden Griddle Franchise
    No/No
    Zaxby's Franchise
    -/-
    Equipment
    Golden Griddle Franchise
    No/No
    Zaxby's Franchise
    -/-
    Inventory
    Golden Griddle Franchise
    No/No
    Zaxby's Franchise
    -/-
    Receivables
    Golden Griddle Franchise
    No/No
    Zaxby's Franchise
    -/-
    Payroll
    Golden Griddle Franchise
    No/No
    Zaxby's Franchise
    -/Yes

    Training & Support

    Training
    Golden Griddle Franchise
    -
    Zaxby's Franchise
    The initial training program is eight weeks long, consisting of a one-week orientation phase at Zaxby's Franchising, Inc.'s training center, three two-week phases at a training restaurant and the final one-week phase back at ZFI's training center. Ongoing support and training updates, in addition to other business development practices - including onsite inspections - are conducted regularly throughout the franchise system.
    Support
    Golden Griddle Franchise
    Internet, Security/safety procedures, Field operations/evaluations
    Zaxby's Franchise
    -
    Marketing
    Golden Griddle Franchise
    Co-op advertising, Ad slicks, Regional advertising
    Zaxby's Franchise
    -
    Operations
    Golden Griddle Franchise
    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)

    Zaxby's Franchise
    -

    Expansion Plans

    US Expansion
    Golden Griddle Franchise
    -
    Zaxby's Franchise
    Yes
    Canada Expansion
    Golden Griddle Franchise
    No
    Zaxby's Franchise
    -
    International Expansion
    Golden Griddle Franchise
    Yes
    Zaxby's Franchise
    -

    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 Zaxby's

    Zaxby's Franchising, Inc., actively seeks highly qualified individuals be become licensees. Prior business experience, financial qualifications, motivation, team spirit and a track record of personal success are all important factors in our evaluation process. Prospective licensees must meet the following criteria to be considered: Collective net worth of at least $700,000, with liquid assets greater than $400,000 (liquidity being defined as cash or any asset that could be converted to cash within ten business days). Ability to satisfactorily pass background checks for the following: reasonable credit worthiness, no criminal convictions, no history of extensive litigation, and satisfactory motor vehicle report. Willingness of all investors to personally guarantee any obligations that are required under the license agreement. Willingness to make a commitment to this venture within 60 - 90 days of signing a license agreement. Belief that guest service is of critical importance in restaurant operations.
    The Zaxby's Mission Statement - Consistently Create Encore Experiences That Enrich Lives One Person At A Time - recognizes the value of all individuals.

    ZFI is committed to developing a diverse community of licensees and, in that regard, the Zaxby's franchise opportunity is open to all qualified applicants, regardless of age, gender, race or ethnicity.

    The total investment necessary to begin operation of a Zaxby’s franchised business is $343,200 to $695,200. This includes $40,200 to $45,000 that must be paid to the franchisor or its affiliates. In addition, if you enter into a Multi-Restaurant Development Agreement to develop more than one Zaxby’s restaurant, you must pay the franchisor a fee of $17,500 for each Zaxby’s restaurant scheduled for development and subsequently must pay an additional $17,500 upon execution of the License Agreement for each Zaxby’s restaurant, which amounts are credited towards the initial franchise fee for each restaurant.

    #148 in Franchise 500 for 2021.  Not in Franchise 500 for 2020.