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.
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Franchising Tips and Facts
The success rate for franchised businesses is significantly higher than for independent businesses, however no individual franchise is guaranteed to succeed. One of the biggest mistakes you can make is to rush into business. It's important to understand your reasons for wanting to own a Golden Griddle franchise, and to determine if a Golden Griddle franchise is right for you.
When there are SO many franchises available to consider how can you decide if a Golden Griddle Franchise is right you? First have some knowledge of your financial capability. Do you have capital available to invest? Don't forget the possibility of obtaining additional capital for the investment from a loved one or a friendly investor. Next, think about what you like to do, and what you do not like to do, and choose accordingly. If you don't like working with the public, then a retail business should not be considered. If you like working with children, animals, crafts, or involvement in sports, then target a franchise in that matching category.
Financing a Golden Griddle franchise will most likely be easier than trying to finance a new start-up company. Banks are sometimes more likely to lend money to buy a franchise with a good reputation and a proven track record. If you'll need to finance your purchase, ask your bank if it will consider a loan for a Golden Griddle franchise before you go through the whole screening process.
A franchise consultant can assist you to find a franchise that it best suited to your talents, hobbies and desires. They can act as an advisory board and help you through the process of obtaining the right franchise for you. The consultant can recommend pre-screened franchise companies and provide industry data based on your interests, saving you many long hours of research. If you are interested in a Golden Griddle franchise, let the consultant know, and they will try to determine if owning a Golden Griddle franchise is a smart choice for you.
Most franchisors provide training, support, operations manuals, site selection, quality demographics, store design, construction programs, reduced cost of equipment, national purchasing power (things that typically an independent has no background to do his own successfully). Before investing your money in a Golden Griddle Franchise, be sure you are clear on the terms of your agreement with the franchisor. Ask what is included in the franchise fees, and what is extra.
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