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Below is an in-depth analysis and side-by-side comparison of La Madeleine vs Ricky's All Day Grill including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $1,249,362 - $3,088,747 | $300,000 - And Up |
Franchise Fee | $40,000 | $45,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | 2.5% | 3% |
Year Founded | 1983 | - |
Year Franchised | 2011 | - |
Term Of Agreement | Term of agreement not renewable | - |
Term Of Agreement | Term of agreement not renewable | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | • Passionate about the la Madeleine brand and our food • $5 million net worth; liquid assets of $2.5 million • Dedicated to developing multiple restaurants in a given market • Excellent knowledge of the local retail real estate market • Resources to develop and operate at least three (3) bakery cafés in a given territory • Strong track record as a multi-unit restaurant operator • Cultural fit | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | • Ongoing field support • Store opening assistance • Continuous training • Extensive six-week training program for Operations Directors, General Managers, and Managers • Ongoing culinary development On-The-Job Training: 416 hours Classroom Training: 64 hours | - |
Support | Real Estate • Market evaluation and planning • Site selection assistance • LOI and contract negotiation assistance • In-house real estate resources • Identifying and securing local representation Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
Marketing | • Grand opening assistance • Store opening and PR resources • Local marketing support • Creative support for national promotional events Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Email marketing Loyalty program/app | - |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | - | Yes |
International Expansion | Yes | - |
Ricky’s All Day Grill is a thriving Canadian restaurant franchise with approximately 70 locations, with more under development across Canada. With continual partner support and one of the best restaurant franchise training programs in the country, opening your own Ricky’s All Day Grill is an excellent way to capitalize on 50+ years of casual full-service restaurant success.
Our proven systems, standards and training programs are among the best in the industry. We make restaurants work for you.
Ricky’s All Day Grill is about great service, great people and great food. Our commitment to friendly service sets the gold standard for our industry and our innovative menu and food features are designed to bring customers in - and keep them coming back.