Lick's vs Fat Patty's Franchise Comparison

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

Start-Up Costs and Fees

 
Lick's Franchise
Fat Patty's Franchise
Investment $495,000 - $595,000$627,533 - $1,048,500
Franchise Fee $45,000$40,000
Royalty Fee --
Advertising Fee --
Year Founded --
Year Franchised --
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Lick's Franchise
Fat Patty's Franchise
Experience --Working capital of $750,000 with good credit -Solid business experience sales and business experience required -Knowledge of the trade area where the store will be located -Passion for service

Financing Options

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

Training & Support

 
Lick's Franchise
Fat Patty's Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Lick's Franchise
Fat Patty's Franchise
US Expansion --
Canada Expansion Yes-
International Expansion --

Company Overviews

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.

About Fat Patty's

Fat Patty’s opened its doors in 2007 beside the campus of Marshall University in Huntington, West Virginia. We now have 4 locations in West Virginia and Kentucky. The casual dining experience, along with our full bar and numerous large, flat-screen televisions, makes Fat Patty’s the best family friendly restaurant around. Our focus is on team growth, training and development, investing in our facilities, remodeling and involvement in our communities.