Golden Griddle vs Toastique Franchise Comparison

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

Start-Up Costs and Fees
 
Golden Griddle Franchise
Toastique Franchise
Investment $100,000 - $450,000$280,750 - $482,200
Franchise Fee $25,000$45,000
Royalty Fee 5%-
Advertising Fee --
Year Founded 19642018
Year Franchised 19772019
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Golden Griddle Franchise
Toastique Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Golden Griddle Franchise
    Toastique Franchise
      In-House/3rd PartyIn-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
     
    Golden Griddle Franchise
    Toastique Franchise
    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)

    		-

    Expansion Plans
     
    Golden Griddle Franchise
    Toastique Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion 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 Toastique

    "Toastique
    A fresh new take on a beloved favorite, Toastique elevates toast from classic side dish to health-focused power meal. In doing so, we’ve created a business model that has done what few health food franchises have before it - generated over $1 million in the first year of operation!
    Our customizable gourmet toasts provide guests with a wholesome, convenient meal option that can’t be found at any other fast-casual restaurant. Along with an array of all-natural smoothies, cold-pressed juices, and açaí bowls, Toastique’s unique menu of healthy, grab-and-go meals and snacks makes us truly unlike any other health-focused franchise on earth.

    The estimated initial investment necessary to begin operation of a Toastique Restaurant under a Franchise Agreement is $280,750 to $482,200. This includes $57,000 to $60,000 that must be paid to the franchisor or its affiliates.
    The estimated initial investment necessary to begin operation of a Toastique Restaurant under a Franchise Agreement with a 1-3 Multi-Franchise Addendum is $330,750 to $532,200. This includes $107,000 to $110,000 that must be paid to the franchisor or its affiliates.
    The initial investment necessary to begin operation of a Toastique Restaurant under a multi-unit development agreement depends on the number of Restaurants that you are authorized to develop and is $379,750 to $614,200. This includes $111,000 to $147,000 that must be paid to the franchisor or its affiliates and a development fee of $33,000 for each additional Restaurant that you are authorized to establish under the multi-unit development agreement.