Ricky's Hotel Partnership Program vs Toastique Franchise Comparison

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

Start-Up Costs and Fees

 
Ricky's Hotel Partnership Program Franchise
Toastique Franchise
Investment $650,000 - And Up$280,750 - $482,200
Franchise Fee $45,000$45,000
Royalty Fee 5%-
Advertising Fee 3%-
Year Founded -2018
Year Franchised -2019
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Ricky's Hotel Partnership Program Franchise
Toastique Franchise
Experience --

Financing Options

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

Training & Support

 
Ricky's Hotel Partnership Program Franchise
Toastique Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Ricky's Hotel Partnership Program Franchise
Toastique Franchise
US Expansion -Yes
Canada Expansion Yes-
International Expansion --

Company Overviews

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.

About Toastique

"Toastique
A fresh new take on a beloved favorite, Toastique elevates toast from classic side dish to health-focused power meal. In doing so, we’ve created a business model that has done what few health food franchises have before it - generated over $1 million in the first year of operation!
Our customizable gourmet toasts provide guests with a wholesome, convenient meal option that can’t be found at any other fast-casual restaurant. Along with an array of all-natural smoothies, cold-pressed juices, and açaí bowls, Toastique’s unique menu of healthy, grab-and-go meals and snacks makes us truly unlike any other health-focused franchise on earth.

The estimated initial investment necessary to begin operation of a Toastique Restaurant under a Franchise Agreement is $280,750 to $482,200. This includes $57,000 to $60,000 that must be paid to the franchisor or its affiliates.
The estimated initial investment necessary to begin operation of a Toastique Restaurant under a Franchise Agreement with a 1-3 Multi-Franchise Addendum is $330,750 to $532,200. This includes $107,000 to $110,000 that must be paid to the franchisor or its affiliates.
The initial investment necessary to begin operation of a Toastique Restaurant under a multi-unit development agreement depends on the number of Restaurants that you are authorized to develop and is $379,750 to $614,200. This includes $111,000 to $147,000 that must be paid to the franchisor or its affiliates and a development fee of $33,000 for each additional Restaurant that you are authorized to establish under the multi-unit development agreement.