| ||||
Updated RecentlyGolden Griddle vs House of Jazz Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Golden Griddle vs House of Jazz including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $100,000 - $450,000 | $750,000 - $1,200,000 |
| Franchise Fee | $25,000 | $75,000 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | - | 2% |
| Year Founded | 1964 | 1981 |
| Year Franchised | 1977 | 2012 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | Excellent promoter | |
Financing Options |
||
| 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 |
||
| Training | - | yes |
| Support | Internet, Security/safety procedures, Field operations/evaluations | yes |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | yes |
| 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 |
||
| US Expansion | - | Yes |
| Canada Expansion | No | Yes |
| International Expansion | Yes | Yes |
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 House of Jazz
Restaurant and club home to Canada's finest jazz musicians since 1981, built by Montrealer Georges Durst. Features menus and profiles of recent and former musicians. Whether you're a party of 2 or 22 coming to have lunch, dinner or cocktails, the House of Jazz staff always does the utmost to make your experience memorable. House of Jazz is looking to expand in major cities across Canada and the U.S.A. If you're interested in a one-of-a-kind opportunity, contact Pierre Payette, cell 450-712-2377 or email [email protected]