Runza Restaurants vs Lick's Franchise Comparison

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

Start-Up Costs and Fees
 
Runza Restaurants Franchise
Lick's Franchise
Investment $1,250,000 - $2,720,000$495,000 - $595,000
Franchise Fee $30,000$45,000
Royalty Fee 5%-
Advertising Fee 1%+up to 4% locally-
Year Founded 1949-
Year Franchised 1970-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $5000-


Business Experience Requirements
 
Runza Restaurants Franchise
Lick's Franchise
Experience --

Financing Options
 
Runza Restaurants Franchise
Lick's Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Runza Restaurants Franchise
Lick's Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Runza Restaurants Franchise
Lick's Franchise
US Expansion --
Canada Expansion -Yes
International Expansion --

Company Overviews

About Runza Restaurants

Owning a Runza Restaurant isn't just about serving sandwiches - it's about serving communities. We opened our first restaurant in Lincoln, Nebraska, in 1949, and we're still a family-owned business serving communities in Nebraska, Kansas, Colorado and Iowa. Keeping it close to home ensures each Runza Restaurant gets hands-on support from headquarters, and each Runza meal is made with the same commitment to quality, chain-wide. We're always on the lookout for great people to become part of our family and grow Runza 's presence in the areas we serve. If you're interested, we encourage you to learn more about our process and how we support franchises. Then, peruse other Frequently Asked Questions and read some Franchisee success stories.
We are actively seeking Franchisee candidates in Nebraska, Kansas, Colorado, Iowa, Missouri and Wyoming only.



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.