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Updated RecentlyGolden Krust vs Villa Madina Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Golden Krust vs Villa Madina including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $225,900 - $687,000 | $175,000 - $500,000 |
| Franchise Fee | $40,000 | $30,000 - $40,000 |
| Royalty Fee | 3% | - |
| Advertising Fee | 2% | - |
| Year Founded | 1988 | 1979 |
| Year Franchised | 1996 | 2003 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $25K | - |
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/Yes | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/Yes | -/- |
| Payroll | No/Yes | -/- |
Training & Support |
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| Training | Our Golden Krust franchise support continues throughout training and staff formation. We will train and assist you in opening and operating your franchise. Our highly experienced Golden Krust staff will take you through our comprehensive three-week course given at our Corporate training Center located at 1381 East Gunhill Road or other designated training restaurants. Upon completion of the course, you will be ready to operate your franchise. Members of our franchise support team will also assist you in your store during your first two weeks of opening to ensure that you are self-sufficient. After this time, the franchise support team will be readily available should you need further assistance. On-The-Job Training: 47 hours Classroom Training: 33 hours Additional Training: At designated operating store | - |
| Support | Golden Krust will guide you the franchisee in the critical decisions involved in starting your business: selecting a site, merchandising the franchise store, assisting with the initial inventory, hiring and training staff, beginning systematic marketing. We also assign experienced professional field service manager to monitor performance and provide advice and direction in regular operations. This ongoing engagement in the business has two purposes: It ensures that you will follow the franchise system, protecting the value of the Golden Krust's market identity. It also gives you the franchisee a consultant who is intimately familiar with this type of business to provide advice and problem solving assistance. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
| Operations |
25% of all franchisees own more than one unit
Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) Number of Employees Required to Run: 8 - 8 | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | Yes |
Company Overviews
About Golden Krust
Our franchising program is predicated on the fact that the company will only remain competitive if our franchisees are successful. We are dedicated to achieving that success. Ours is a "partnership" with our franchisees. Consequently, we look for franchisees with certain qualities. These include a strong desire to succeed, the ability to lead effectively and the ability to devote the time and energy necessary to run a successful business. We, therefore, seek people with "common business sense" who are highly qualified to join the Golden Krust family.
Veteran Incentives $10,000 off franchise fee
About Villa Madina
Quick, Fresh and Healthy! Villa Madina has been serving solid Mediterranean Cuisine to clients crosswise over Canada since 2002. With 18 areas (and developing!), we highly esteem quick, crisp and legitimate Lebanese cooking. From shish-taouk sandwiches to crisp tabouli servings of mixed greens, we offer a broad choice to the most separating hungers. We additionally have a wide choice of veggie lover dishes and the majority of our items are Halal affirmed.
Villa Madina offers legitimate Mediterranean food crosswise over Canada. We value serving crisp and real Mediterranean food rapidly. The majority of our chicken and meat shawarmas are newly cooked before our clients on a high-review rotisserie, which can be spotted from a remote place! Our succulent chicken and meat can be delighted in one of our well known mouth-watering pita sandwiches or as a full feast with every one of the backups. Our amazing plate of mixed greens show highlights various heavenly and sound Mediterranean style servings of mixed greens, for example, tabouleh, fattoush, and couscous; beyond any reasonable amount to name, however continually something for the most segregating cravings. We additionally have a wide determination of vegan dishes, for example, falafels and vine leaves, and every one of our meats are Halal ensured.