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Below is an in-depth analysis and side-by-side comparison of Ricky's vs Sam & Louie's N Y Pizza 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 | $331,500 - $474,700 |
Franchise Fee | $45,000 | $25,000 |
Royalty Fee | 4.5% | 5% |
Advertising Fee | 3% | - |
Year Founded | 1960 | 1994 |
Year Franchised | 1978 | 2000 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | Our ideal franchise partner will have some or most of the following attributes: �A high energy level �Good communication skills �A desire to be in the specialty food/restaurant business �An understanding of business operations and management principles �Sales and marketing skills �Be adequately financed �A strong desire and ambition to succeed �Be outgoing in nature and enjoy dealing with people |
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 | - | *Available at headquarters: 4-6 weeks. *At franchisee's location: 2-3 weeks. Our exceptional training program includes both classroom and hands-on training in critical areas such as promotional activities, food preparation, customer service, administrative duties, problem solving and more. |
Support | - | Support where you need it Beginning with your site selection, obtaining equipment and supplies, pre- and post- grand opening, through day-to-day operations, Sam & Louie's is with you every step of the way to help ensure the success and growth of your business. You will receive a confidential, complete Operations Manual with periodic updates covering all areas of the Sam & Louie's system. Our helpful management staff will communicate with you on an ongoing basis and are available for consultation and assistance on all facets of your operation. |
Marketing | - | - |
Operations | - | *10% of all franchisees own more than one unit. *Number of employees needed to run franchised unit: 15. *Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators). |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | Yes | - |
International Expansion | No | Yes |
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.