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Updated RecentlyRicky's vs Palapas Restaurants Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Ricky's vs Palapas Restaurants including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $800,000 - $950,000 | $750,000 - $2,000,000 |
| Franchise Fee | $45,000 | $30,000 |
| Royalty Fee | 4.5% | 5% |
| Advertising Fee | 3% | - |
| Year Founded | 1960 | - |
| Year Franchised | 1978 | - |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| 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 | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | Yes | - |
| International Expansion | No | - |
Company Overviews
About Ricky's
RICKYS ALL DAY GRILL is a mid-scale restaurant/lounge concept featuring high quality Breakfast Plates, plus an Extensive Lunch and Dinner Menu showcasing ribs, chicken, pastas, steaks, burgers, and home-style favourites. It's dynamic, stylized decor theme makes all age groups comfortable in this 3 day part concept with full bar. Ricky's has a proven track record in providing key site selection, construction, comprehensive training, ongoing operation support and marketing programs.
About Palapas Restaurants
Palapas Restaurant y Cantina is perched atop the Seascape Village and has been
an institution in Aptos since opening its doors in 1990. Owners Mark and
Kay Holcomb designed the space and menu with the goal of bringing home
their beloved experiences vacationing on the coast of Mexico with their
family throughout the 80s and 90s. Today we aim to capture that nostalgic vacation feeling while highlighting the natural beauty and bounty native to our own locale. This value is
present in our locally sourced, fresh seafood, our commitment to local
small purveyors, and even our design, which is built to offer an ocean
view of the sparkling Monterey Bay from every single table.
Palapas brings the ambiance of tropical Mexico to the Monterey Bay
area in a very unique way. In addition to featuring authentic
traditional dishes of Mexico, our menu offers the fish, shellfish and
sauces of the coasts of both Mexico and California.
All of our dishes are prepared "A La Cocina Fresca”- "in the fresh
kitchen method” a Spanish phrase that means exactly what it implies…
freshly made sauces, handmade corn tortillas and fresh local seafood and
produce prepared daily.
In addition to creating a menu with many exiting choices, we’re
committed to offering our customers healthy dishes with absolutely no
use of any lard or animal fat in their preparation.
We use rice-bran oil specifically for frying. Contains no trans fat!