Ricky's vs Original Joe's Franchise Comparison

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

Start-Up Costs and Fees

 
Ricky's Franchise
Original Joe's Franchise
Investment $800,000 - $950,000$950,000
Franchise Fee $45,000$39,000
Royalty Fee 4.5%5%
Advertising Fee 3%2%
Year Founded 19601998
Year Franchised 19780
Term Of Agreement -10 years
Term Of Agreement -10 years
Renewal Fee -50% of then curr. Fran. fee


Business Experience Requirements

 
Ricky's Franchise
Original Joe's Franchise
Experience --

Financing Options

 
Ricky's Franchise
Original Joe's Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Ricky's Franchise
Original Joe's Franchise
Training -30 days at corporate office and up to 14 days onsite at franchise location
Support --
Marketing --
Operations --

Expansion Plans

 
Ricky's Franchise
Original Joe's Franchise
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 Original Joe's

Original Joe's is about delicious, generous portions of real food. Quality beers on tap. Down-to-earth service and an easy-going atmosphere. It's immediately comfortable, but definitely not run-of-the-mill. A place you can meet business associates for an enjoyable lunch, or old friends for a casual night out. The Original Joe's concept was created in 1997 and has grown into a strong brand that supports several locations, each one with its own distinctive characteristics. Essentially, the Original Joe's franchise is about moving beyond both the typically bland chain restaurant atmosphere and the hipper-than-thou upscale casual dining attitude. And this convivial, round-the-way feel is exactly what the Joe's target customer group is demanding. As a concept with exceptional growth potential, Original Joe's features an uncomplicated franchise model, simple guidelines and standards, and proven profitability. Currently, the Original Joe's Franchise Group is offering like-minded, forward-looking entrepreneurs the opportunity to launch additional Original Joe's locations. So if you want to be a part of a family, not another cookie-cutter organization, give FranWorks a call. Ask for Paul.