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Below is an in-depth analysis and side-by-side comparison of Ricky's Cafe vs Famous Toastery including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $300,000 - And Up | $600,500 - $1,024,500 |
Franchise Fee | $45,000 | $40,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | 3% | 1%-2% |
Year Founded | - | 2005 |
Year Franchised | - | 2013 |
Term Of Agreement | - | 10 Years |
Term Of Agreement | - | 10 Years |
Renewal Fee | - | 0 |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/Yes |
Training & Support |
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Training | - | On-The-Job Training: 744 hours Classroom Training: 32 hours |
Support | - | Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection |
Marketing | - | Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | Yes | - |
International Expansion | - | - |
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.