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Below is an in-depth analysis and side-by-side comparison of Houlihan's 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 | $1,600,000 - $4,300,000 | $300,000 - And Up |
Franchise Fee | $40,000 | $45,000 |
Royalty Fee | 4% | 5% |
Advertising Fee | - | 3% |
Year Founded | 1972 | - |
Year Franchised | 1994 | - |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 years | - |
Renewal Fee | $5K | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | - | - |
Support | Meetings, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
Operations |
Franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 78 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | Yes |
International Expansion | No | - |
To help us more quickly expand to new markets and trade areas, Houlihan's is seeking sophisticated restaurant operators with experience building out entire markets. At this time, we are not pursuing single-site franchise agreements.
Our ideal candidate to become a franchise market developer is a successful full-service, multi-unit operator with expertise in one or more large markets (e.g. the top 75 MSAs in the United States). We are seeking entrepreneurial organizations that can thrive in our flexible franchise environment, while having access to growth capital and capital reserves, but experiencing growth constraints with their current restaurant concept(s).
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.