|
Below is an in-depth analysis and side-by-side comparison of Denny'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 |
||
Investment | $305,000 - $2,404,695 | $300,000 - And Up |
Franchise Fee | $10,000 - $30,000 | $45,000 |
Royalty Fee | 4.5%-7% | 5% |
Advertising Fee | 3%-3.5% | 3% |
Year Founded | 1953 | - |
Year Franchised | 1984 | - |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 years | - |
Renewal Fee | $10K for 10 years | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
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/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | On-The-Job Training: 91 hours Classroom Training: 16 hours Additional Training: At existing Denny's restaurants | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media Website development Email marketing Loyalty program/app | - |
Operations |
44% of all franchisees own more than one unit Number of employees needed to run franchised unit: 80 Absentee Ownership Allowed | - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | Yes |
International Expansion | Yes | - |
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.