Golden Griddle vs Ricky's Franchise Comparison

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

Start-Up Costs and Fees

 
Golden Griddle Franchise
Ricky's Franchise
Investment $100,000 - $450,000$800,000 - $950,000
Franchise Fee $25,000$45,000
Royalty Fee 5%4.5%
Advertising Fee -3%
Year Founded 19641960
Year Franchised 19771978
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Golden Griddle Franchise
Ricky's Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    Golden Griddle 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

     
    Golden Griddle Franchise
    Ricky's Franchise
    Training --
    Support Internet, Security/safety procedures, Field operations/evaluations-
    Marketing Co-op advertising, Ad slicks, Regional advertising-
    Operations Franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 20 - 30

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Golden Griddle Franchise
    Ricky's Franchise
    US Expansion --
    Canada Expansion NoYes
    International Expansion YesNo

    Company Overviews

    About Golden Griddle

    Golden Griddle was established in 1964, and started franchising in 1977. Their head office is located in Toronto, Ontario Canada, and the company is privately owned. Each Golden Griddle Family Restaurant is owned and operated by a franchisee in their local area, you can find many of these franchises open 24 hours. The Golden Griddle is famous for their great delicious pancakes and all day breakfast. They have a Kids menu, and serve a wide variety of meals for lunch and dinner, and are licensed to serve beer, wine and alcohol. There are Golden Griddle locations in the Greater Toronto area, South Western Ontario, Central Ontario and Eastern Ontario.

    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.