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Updated RecentlyRicky's vs Hooters Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Ricky's vs Hooters including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $800,000 - $950,000 | $956,500 - $4,275,000 |
| Franchise Fee | $45,000 | $75,000 |
| Royalty Fee | 4.5% | 5% |
| Advertising Fee | 3% | 2.5% |
| Year Founded | 1960 | 1983 |
| Year Franchised | 1978 | 1986 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/Yes |
| Start-up Costs | -/- | -/Yes |
| Equipment | -/- | -/Yes |
| Inventory | -/- | -/Yes |
| Receivables | -/- | -/Yes |
| Payroll | -/- | -/Yes |
Training & Support |
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| Training | - | On-The-Job Training: Varies Classroom Training: Varies |
| Support | - | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Security/Safety Procedures Field Operations Site Selection |
| Marketing | - | Ad Templates National Media Regional Advertising Social media Website development Loyalty program/app |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | No |
| Canada Expansion | Yes | - |
| International Expansion | No | Yes |
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 Hooters
There are no franchise opportunities available in the United States. Every region has been sold and our franchisees are not allowed to sub-franchise. International Hooters of America has franchise opportunities in the following countries: * Baltic States * Belorussia * Benelux * Bolivia * Bulgaria * Canada (Newfoundland) * Czech Republic * Denmark * Dominican Republic * Ecuador * Finland * France (multi-territory) * Hungary * Iceland * Italy (multi-territory) * Netherlands * Norway * Poland