Waffy's vs Ricky's Cafe Franchise Comparison

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

Start-Up Costs and Fees
 
Waffy's Franchise
Ricky's Cafe Franchise
Investment $116,680 - $310,000$300,000 - And Up
Franchise Fee $30,000$45,000
Royalty Fee 6%5%
Advertising Fee 2%3%
Year Founded --
Year Franchised --
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Waffy's Franchise
Ricky's Cafe Franchise
Experience --

Financing Options
 
Waffy's Franchise
Ricky's Cafe Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Waffy's Franchise
Ricky's Cafe Franchise
Training

Using a combination of classroom and on-the-job instruction, you'll be trained in all aspects of the Waffy's franchise: business operations, administrative procedures, customer service, food preparation techniques, sales, and more. As you prepare to open your store, an experienced trainer will be on hand to help you get off to a good start.

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Support

Operations Manual. Every aspect of the Waffy's franchise is laid out for you in this comprehensive guidebook. In addition to serving as a valuable reference tool, you'll use this manual to help train your managers. Site Selection. You'll receive guidelines for choosing an appropriate location for your Waffy's franchise. Comprehensive Web-based support system. Waffy's offers a high level of support services through its password protected franchise Web portal system which provides: Online training videos and "how-to" tutorials Online ordering from suppliers Management tools (forms, break-even analysis spreadsheets) Calendar for critical dates reminder Communication board (with Waffy's team & among franchisees) Ongoing Service and Support. As a valued member of our franchise family, you will receive continuing support and guidance. We're available by phone or email to address any questions or concerns and a Waffy's field representative will periodically visit your store.

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Marketing

We'll share our expertise with you in promoting the Waffy's concept, which includes providing you with marketing and advertising materials and strategies.

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Operations --

Expansion Plans
 
Waffy's Franchise
Ricky's Cafe Franchise
US Expansion --
Canada Expansion -Yes
International Expansion --

Company Overviews

About Waffy's

Owning a Waffy's franchise puts you on the ground floor of an exciting new concept with broad appeal.
Waffy's has developed an easy to operate franchise model incorporating the best practices of franchise systems and procedures garnered from years of franchise experience that are capable of producing strong unit economics.Waffy's offers a large array of unique, artisanal Belgian waffle products that can be enjoyed at any time of the day. Waffy's uses only fresh wholesome ingredients and follows the best European baking techniques. Waffy's is an attractive concept because its business model is streamlined and simple to operate. Minimum or no food experience required. Most of the equipment is automated, reducing labor costs. Easy to use and highly robust POS system, helps control inventory, manage schedules and run financial reports.Waffy's offers you a choice of three flexible, affordable franchise models to accommodate your location and budgets: an in-line store, mall food court and kiosk. In addition, Waffy's also offers you the ability to extend your sales off-site via Catering and Mobile Food Cart.Waffy's offers a lower cost of entry compared to similar concepts, combined with strong unit economics, which allows a faster return on investment.

About Ricky's Cafe

Ricky’s Cafe is a place where friends and neighbours meet, business people lunch, and families come for the food and service they know and appreciate.

Less is more with the new Ricky’s Cafe

Our newest concept is an owner operated, breakfast and lunch style restaurant that features our famous breakfasts and high quality lunch items. Ricky’s leads in the breakfast category in every market where we compete.

Ricky’s Cafe offers professional and courteous service in a friendly, urban retail environment.