|
Below is an in-depth analysis and side-by-side comparison of Waffle Brothers 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 |
||
Investment | $161,000 - $288,750 | $650,000 - And Up |
Franchise Fee | $40,000 | $45,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | - | 3% |
Year Founded | - | - |
Year Franchised | - | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | - | Yes |
International Expansion | - | - |
The business of Master Franchising is growing as more and more people find out about the opportunity to own, develop and support a territory through franchising. One of the attractive reasons for owning a Master Franchise is the passive income it can generate through the royalty stream. It is also a very attractive investment for many who want to own their own business, for those who possess management, leadership or consulting experience and for those looking to own a business and to not have to work 50-60 hours a week every week. Master Franchises typically cost from 150K-over 300K. The role of the Master or also called Regional Developer is to grow their territory through franchise sales and to provide support to their franchisees. Waffle Brothers provides training to the Masters on how to do just that. Masters make their money on franchise sales splitting the franchise fee with the franchisor 50/50 and through receiving 2.5% of franchisees gross revenue through royalties as well. A mature royalty stream has shown to produce a very attractive passive income. It is for these facts that Master Franchising is one of the best kept secrets in business today. For more information on Master Franchising and Waffle Brothers please fill out our information form.
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.