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Below is an in-depth analysis and side-by-side comparison of Tutti Frutti vs Ricky's Hotel Partnership Program including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $213,075 - $479,550 | $650,000 - And Up |
Franchise Fee | $25,000 | $45,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | - | 3% |
Year Founded | 1979 | - |
Year Franchised | 1996 | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
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 | Training encompasses three phases: Phase 1: The Franchise owner(s) and / or manager must complete his or her training successfully prior to the Tutti Frutti Restaurant opening. This training is part of our service and support, but the franchise /owner is responsible for transportation, lodging, and living expenses when applicable. Phase 2: The franchise / owner(s) along with the guidance of our operations team will choose, and prepare the Tutti Frutti staff members and restaurant for a successful opening. Phase 3: Our corporate team will be with you from the onset to help and assure all the Tutti Frutti team members get the training and follow up. This support will be very close and will continue during the first few weeks of opening and will be ongoing during the term of our agreement, although at a lesser frequent rate. | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | Yes |
International Expansion | - | - |
For over fifty years, Ricky’s has been serving great food and making guests feel like they’re at home. Our 70+ locations throughout Canada are focused on upbeat, efficient customer service in a family-friendly environment.
Our commitment to friendly, quick service sets the gold standard in our industry. The innovative menu and food features are designed to bring folks in - and keep them coming back.
Ricky’s has proven menus and a business model focused on optimizing space to improve profit. We’re unique in the casual dining category because we perform well in all three day parts - breakfast, lunch, and dinner. This day long success with guests is part of Ricky’s well-known brand.
Ricky’s leads in the breakfast category in every market we compete in. Hotel guests and area residents both love having a Ricky’s close so they can enjoy our famous breakfasts and all day, family dining.