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Below is an in-depth analysis and side-by-side comparison of Green Beans Coffee Company 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 | $249,500 - $502,000 | $650,000 - And Up |
Franchise Fee | $25,000 | $45,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | 1%Nat'l + 1/2%Local | 3% |
Year Founded | - | - |
Year Franchised | - | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | Owner operated. Prior management experience in retail and food industry (Preferred) You have to be able to invest long hours to build and operate your business. | - |
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 | - | - |
Support | - | - |
Marketing | Green Beans Coffee will supply Franchisee with a library of assets to choose from for marketing support including branding, product focused, new product introductions, seasonal offerings, grassroots and promotional print-ready artwork. | - |
Operations | Building local community is essential for success of your business and owning and operating your Green Beans Coffee Caf�. You must be present as you oversee and manage the training of your staff, greeting and thanking each customer for their support of your caf� and producing the top-notch products our customer's demand. Green Beans Coffee grants single franchises to full-time owner-operators. Standard hours are usually 6AM to 7PM Monday � Friday and 6AM to 5PM Saturday and Sunday. | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | - | Yes |
International Expansion | - | - |
The key to retail success and especially with respect to food retailing is location placement and customer traffic. Since the transaction sizes are small, the ability to stretch the wallet with more than a coffee drink, serve the best cup of coffee every time and provide a reason for repeat customer visits is essential for your success with Green Beans Coffee. Green Beans Coffee Offers * Premium Organic Coffee and Espresso beverages plus brew-at-home products * Tea beverages and brew-at-home products * A wide selection of ice drinks, smoothies, protein drinks, brewed coffee and other prepared beverages * Cookies and pastries, both fresh baked and prepared on-demand * Food menu: Breakfast made-to-order items and for lunch, wraps, paninis and sandwiches * 12 Years of cafe experience in multiple countries and varied cafe formats including extensive training and development of your operation and on-going support in product development, procurement, marketing and promotions and best practices. Green Beans Coffee Company got its start with, and has a unique dedication to, the troops of the United States military. Within our cafes at home and around the world, Green Beans Coffee offers the men and women of the U.S. Armed Forces the highest quality coffee and tea beverages in an inviting environment where soldiers, airmen, sailors and marines can relax and feel at home.
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.