Fuddruckers vs Lick's Franchise Comparison

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

Start-Up Costs and Fees
 
Fuddruckers Franchise
Lick's Franchise
Investment $495,000 - $1,565,000$495,000 - $595,000
Franchise Fee $35,000$45,000
Royalty Fee 5%-
Advertising Fee .25%-
Year Founded 1980-
Year Franchised 1983-
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee $25K-


Business Experience Requirements
 
Fuddruckers Franchise
Lick's Franchise
Experience
  • Industry experience
  • General business experience
    		• -

    Financing Options
     
    Fuddruckers Franchise
    Lick's 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
     
    Fuddruckers Franchise
    Lick's Franchise
    Training 6-week training program-
    Support Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations-
    Marketing Regional advertising-
    Operations 53% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 40

    Absentee ownership of franchise is NOT allowed. (99% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Fuddruckers Franchise
    Lick's Franchise
    US Expansion --
    Canada Expansion NoYes
    International Expansion Yes-

    Company Overviews

    About Fuddruckers

    The first Fuddruckers opened in San Antonio, Texas in 1980 with a classic American nostalgia theme. Fuddruckers operates and franchises more than 200 restaurants in the United States, Puerto Rico, Canada and the Middle East. The emphasis today is the same as it was in 1980 - we use only the freshest ingredients. Our restaurants serve only the freshest beef and feature on-premise bakeries where bread and dessert items are baked fresh daily. It's truly a "build-your-own meal" experience.

    About Lick's

    Opportunities exist for highly motivated, energetic individuals with excellent people skills and the ability to communicate enthusiasm, who share our passion for success and commitment to quality. Get the Lick's Advantage! Lick's offers a "turnkey operation", planning, design, & construction, training, hiring, training of staff, pre-opening assistance, on going support and guidance, operating manuals, recipes and menus, accounting services, purchasing, advertising and promotion. Lick's will assist you with site selection and lease negotiations, and will provide all the necessary planning, design and construction of your store. Lick's provides an extensive, mandatory training program complete with comprehensive manuals for all potential franchisees. Before you open, you will be provided advice and assistance in the hiring and training of required staff and a trained Lick's representative will spend a minimum of four weeks with you at your store to assist in the set up and opening operations. Following this, Licks will provide any and all necessary supervision, consultation and assistance as determined by the Lick's Inspection and support program. You will automatically become a part of the centrally controlled Lick's supply system for food, beverages, paper and other supplies. Lick's also administers a central advertising and promotion fund for highly efficient, cost effective marketing programs and in-store promotions. Lick's is now aggressively developing franchise locations in Ontario and Master Franchise opportunities outside the Ontario Region.