La Salsa Fresh Mexican Grill vs Ricky's Franchise Comparison

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

Start-Up Costs and Fees
 
La Salsa Fresh Mexican Grill Franchise
Ricky's Franchise
Investment $189,550 - $992,590$800,000 - $950,000
Franchise Fee $25,000 - $50,000$45,000
Royalty Fee 5%4.5%
Advertising Fee 3%3%
Year Founded 19791960
Year Franchised 19891978
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
La Salsa Fresh Mexican Grill Franchise
Ricky's Franchise
Experience
  • Industry experience
    		• -

    Financing Options
     
    La Salsa Fresh Mexican Grill Franchise
    Ricky's Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    La Salsa Fresh Mexican Grill Franchise
    Ricky's Franchise
    Training 6-8 weeks management training & at grand opening-
    Support Meetings, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising, Ad slicks-
    Operations Franchisees required to buy multiple units/master licenses; 80% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 12

    Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    La Salsa Fresh Mexican Grill Franchise
    Ricky's Franchise
    US Expansion --
    Canada Expansion NoYes
    International Expansion YesNo

    Company Overviews

    About La Salsa Fresh Mexican Grill

    La Salsa offers customized administration and highlight crisply arranged menu things made without fat, additives, or manufactured added substances. In 1979 La Salsa initially opened as a chain of Mexican "taquerias". These were neighborhood eateries where local people and gourmets alike, accumulate to eat the "claim to fame of the house" - the delicate tacos, which are so much a part of the Mexican culture.
    Today, La Salsa claims and works an extending chain of brisk, easygoing eateries spend significant time in tacos, burritos and different things served in the style of Mexico.
    La Salsa takes time-honored traditional recipes inspired by the unique cuisines of the various regions of Mexico and brings them to life in a bold, fresh and healthy way.

    About Ricky's

    RICKYS ALL DAY GRILL is a mid-scale restaurant/lounge concept featuring high quality Breakfast Plates, plus an Extensive Lunch and Dinner Menu showcasing ribs, chicken, pastas, steaks, burgers, and home-style favourites. It's dynamic, stylized decor theme makes all age groups comfortable in this 3 day part concept with full bar. Ricky's has a proven track record in providing key site selection, construction, comprehensive training, ongoing operation support and marketing programs.