Le Peep vs Ricky's Hotel Partnership Program Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Le Peep 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
 
Le Peep Franchise
Ricky's Hotel Partnership Program Franchise
Investment $100,000 - $550,000$650,000 - And Up
Franchise Fee $30,000$45,000
Royalty Fee 5%5%
Advertising Fee -3%
Year Founded 1981-
Year Franchised 1992-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Le Peep Franchise
Ricky's Hotel Partnership Program Franchise
Experience --

Financing Options
 
Le Peep Franchise
Ricky's Hotel Partnership Program Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Le Peep Franchise
Ricky's Hotel Partnership Program Franchise
Training Your training will take place in a working Le Peep� restaurant, so that you can get real life experience as you learn. It entails approximately 7 weeks and covers every position in the restaurant. You will receive a Training Manual to study, as well as working each position. We do not charge you for the training, but you are responsible for your own living and travel expenses associated with it.-
Support Operation, customer service, staff training, team building and many other aspects of running a successful business.-
Marketing --
Operations --

Expansion Plans
 
Le Peep Franchise
Ricky's Hotel Partnership Program Franchise
US Expansion Yes-
Canada Expansion YesYes
International Expansion Yes-

Company Overviews

About Le Peep

THIS IS NOT A FRANCHISE THIS IS A LICENSEE OPPORTUNITY
The beauty of the Le Peep concept is its simplicity. Fresh as the day it was conceived. Superior quality. Reasonable Prices. Excellent perceived value. Far from "fast food". Le Peep meals are always satisfying and nutritious. A proven approach to management. A creative approach to an evolving menu. And operating standards as strict as your mom's. That's what keeps Le Peep... Le PeepManagers and staff enjoy working at Le Peep. They work with smiles and pride. Le Peep has a special effect on the public, too. Customers return repeatedly, regulars bringing friends, discovering the charm of a homelike setting where conversation and business flow together easily.Le Peep is a philosophy.Le Peep is a proven food service package. Le Peep is one great meal after another. Developed, tested, then presented to an appreciative public. Le Peep is that extra special eating experience the public calls "a real find." Even the hardest to please newspaper, radio and television food critics rate Le Peep "The Best in Town" - Town-after- Town.
What a concept. What a difference. What a perfectly mouth-watering opportunity for the discriminating restaurateur or developer. A Message from Our CEO After 25 years with the company, I am proud to be the President and CEO of Le Peep, a company that has been and continues to be the forerunner in the breakfast and lunch segment. We are the original and best breakfast and lunch restaurant chain and have been setting a standard in this segment for over four decades. We use the freshest and highest quality of ingredients. We take pride in treating our guests with the best and warmest hospitality, to recreate that feeling like they are at a family member's house. I am dedicated to continuing the great tradition of success and innovative ideas. If this concept and my goals sound like what you are looking for and you want to be a part of our family and enjoy the Le Peep life style with me, you may just find your place as a licensee. We look forward to hearing from you! ~ Kevin Wessel ~

About Ricky's Hotel Partnership Program

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.