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Below is an in-depth analysis and side-by-side comparison of Golden Griddle vs Tutti Frutti including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $100,000 - $450,000 | $213,075 - $479,550 |
Franchise Fee | $25,000 | $25,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | - | - |
Year Founded | 1964 | 1979 |
Year Franchised | 1977 | 1996 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 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/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | Training encompasses three phases: Phase 1: The Franchise owner(s) and / or manager must complete his or her training successfully prior to the Tutti Frutti Restaurant opening. This training is part of our service and support, but the franchise /owner is responsible for transportation, lodging, and living expenses when applicable. Phase 2: The franchise / owner(s) along with the guidance of our operations team will choose, and prepare the Tutti Frutti staff members and restaurant for a successful opening. Phase 3: Our corporate team will be with you from the onset to help and assure all the Tutti Frutti team members get the training and follow up. This support will be very close and will continue during the first few weeks of opening and will be ongoing during the term of our agreement, although at a lesser frequent rate. |
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 |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
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.