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
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.
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.
Investing in a Golden Griddle Franchise can be one of the most critical decisions you will ever make. The challenges are enormous physically and emotionally. Even finalizing a decision to own one's own business is daunting in itself. Many budding entrepreneurs cop out early into the decision making process. Many times, individuals wanting to strike out on their own were never responsible overall for: sales, marketing, human resources, customer service, quality assurance, operations, legal compliance, accounting, and much more. When owning a business, including a Golden Griddle franchise many of those roles will often be carried out on a daily basis.
Ongoing advertising and marketing programs help to ensure that Golden Griddle franchises continue to grow, and remain strong. If the Golden Griddle franchise system is successful in promoting their brand, and it leaves a positive impact on the customer. This should mean more sales for you as a franchisee.
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.
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