Ricky's vs Giorgio Restaurants Franchise Comparison

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

Start-Up Costs and Fees

 
Ricky's Franchise
Giorgio Restaurants Franchise
Investment $800,000 - $950,000$175,000 - $500,000
Franchise Fee $45,000$25,000 - $50,000
Royalty Fee 4.5%4.5%-7%
Advertising Fee 3%-
Year Founded 1960-
Year Franchised 1978-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Ricky's Franchise
Giorgio Restaurants Franchise
Experience --

Financing Options

 
Ricky's Franchise
Giorgio Restaurants Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Ricky's Franchise
Giorgio Restaurants Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Ricky's Franchise
Giorgio Restaurants Franchise
US Expansion --
Canada Expansion Yes-
International Expansion No-

Company Overviews

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.

About Giorgio Restaurants

The first GIORGIO restaurant opened on Ste-Catherine Street in Montreal in December 1977. Between November 1979 and June 1984, the evolution of the concept continued and GIORGIO acquired a solid reputation in a short time. Over the past five years, GIORGIO has maintained a growth rate of one branch per year in the regions of Montréal, Laval and the South Shore. The chain now has 6 branches. With 40 years of experience, Giorgio Ristorante is a true institution of Italian catering. And that's not all, you can Bring Your own Wine!