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Below is an in-depth analysis and side-by-side comparison of Golden Griddle vs Cool-de-Sac 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 | $858,700 - $1,988,667 |
Franchise Fee | $25,000 | $75,000 |
Royalty Fee | 5% | 6% |
Advertising Fee | - | - |
Year Founded | 1964 | 2008 |
Year Franchised | 1977 | 2010 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 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 | - | - |
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) | Number of employees needed to run franchised unit: 60 - 80. Absentee ownership of franchise is allowed. |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | Yes |
International Expansion | Yes | 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.
Cool de Sac is an attractive family-style restaurant model that offers something for everyone: it's a wonderful place to meet, it's a fantastic place to eat, it's a great place to play and the perfect destination for an all-around family day. After talking to over 300 parents during our research and having served over 160,000 customers so far, we can confirm that Cool de Sac is a fantastic idea whose time has come. Customer Service ratings to our flagship Restaurants in Florida have been excellent. Cool de Sac has lucratively covered a market niche that fills an important urban lifestyle need and offers highly promising business potential to any entrepreneur in any suburb in the United States. As we seek to expand our presence to other cities in the U.S. �" not to mention other countries �" we look forward to forging lasting partnerships with enthusiastic franchisees like you. Join forces with us and you will become part of a network that is driven by professionalism, quality, consistency, and a true passion for excellence. To learn how our partnership can work to your advantage, read more about Cool de Sac. As you get to know our business better, you will see an opportunity you'll want to consider for the long term. We envision your entrepreneurial spirit and our expertise as the perfect combination with which to build a powerful international brand. We look forward to welcoming you on board!