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Updated RecentlyGolden Griddle vs Ricky's Hotel Partnership Program Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Golden Griddle vs Ricky's Hotel Partnership Program 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 | $650,000 - And Up |
| Franchise Fee | $25,000 | $45,000 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | - | 3% |
| Year Founded | 1964 | - |
| Year Franchised | 1977 | - |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 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) | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | Yes |
| 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 Ricky's Hotel Partnership Program
For over fifty years, Ricky’s has been serving great food and making guests feel like they’re at home. Our 70+ locations throughout Canada are focused on upbeat, efficient customer service in a family-friendly environment.
Our commitment to friendly, quick service sets the gold standard in our industry. The innovative menu and food features are designed to bring folks in - and keep them coming back.
Ricky’s has proven menus and a business model focused on optimizing space to improve profit. We’re unique in the casual dining category because we perform well in all three day parts - breakfast, lunch, and dinner. This day long success with guests is part of Ricky’s well-known brand.
Ricky’s leads in the breakfast category in every market we compete in. Hotel guests and area residents both love having a Ricky’s close so they can enjoy our famous breakfasts and all day, family dining.