Ricky's vs Black Bear Diners Franchise Comparison

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

Start-Up Costs and Fees
 
Ricky's Franchise
Black Bear Diners Franchise
Investment $800,000 - $950,000$1,133,800 - $2,114,200
Franchise Fee $45,000$55,000
Royalty Fee 4.5%4.5%
Advertising Fee 3%1%
Year Founded 19601995
Year Franchised 19782002
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Ricky's Franchise
Black Bear Diners Franchise
Experience --

Financing Options
 
Ricky's Franchise
Black Bear Diners Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Ricky's Franchise
Black Bear Diners Franchise
Training - On-The-Job Training: 240 hours Additional Training: At certified training restaurants
Support -Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Franchisee Intranet Platform
Marketing - Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
Operations -Number of Employees Required to Run: 65

Expansion Plans
 
Ricky's Franchise
Black Bear Diners Franchise
US Expansion -Yes
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 Black Bear Diners

Black Bear Diner is proud of the training and support we provide to our franchisees. Through this we have earned the honor of being one of Franchise Business Review’s “Top 50 Franchisors” for two years. We have an experienced support team to make sure you and your staff are fully supported and well trained.

"Entrepreneur
#469 in Franchise 500 for 2020.