Foster's Grille vs Lick's Franchise Comparison

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

Start-Up Costs and Fees

 
Foster's Grille Franchise
Lick's Franchise
Investment $291,700 - $538,100$495,000 - $595,000
Franchise Fee $35,000$45,000
Royalty Fee 5%-
Advertising Fee --
Year Founded 1999-
Year Franchised 2005-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Foster's Grille Franchise
Lick's Franchise
Experience --

Financing Options

 
Foster's Grille Franchise
Lick's Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Foster's Grille Franchise
Lick's Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Foster's Grille Franchise
Lick's Franchise
US Expansion --
Canada Expansion -Yes
International Expansion --

Company Overviews

About Foster's Grille

Great food and good times are always on tap at Foster’s Grille, your friendly neighborhood gathering place. Simple, fresh food. Served fast and made to order. From our famous Charburgers to our jumbo wings, extra-thick shakes and hand-cut fries, Foster’s is your go-to place to join the family for dinner, catch the big game, relax for a few happy hours or just grab take-out on the way home. It’s always the right time for Foster’s.

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.