Ricky's vs Cool Hand Luke's Franchise Comparison

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

Start-Up Costs and Fees

 
Ricky's Franchise
Cool Hand Luke's Franchise
Investment $800,000 - $950,000$373,000 - $1,817,500
Franchise Fee $45,000$50,000
Royalty Fee 4.5%-
Advertising Fee 3%-
Year Founded 19602004
Year Franchised 19782005
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Ricky's Franchise
Cool Hand Luke's Franchise
Experience --

Financing Options

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

Training & Support

 
Ricky's Franchise
Cool Hand Luke's Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Ricky's Franchise
Cool Hand Luke's 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 Cool Hand Luke's

Cool Hand Luke’s Steakhouse and Saloon opened its first location in Clovis Ca. in Dec. 2004. From the very beginning the locals named it the "Coolest joint in town" Since then we have expanded to 11 other units in California and one in Eagle Idaho. What makes us unique is our hand cut marinated steaks that come directly from our own Meat Company.

Project Expansion

We are looking for qualified franchisees to expand into new frontiers. Current Opportunity exists in the San Diego and Los Angeles Ca. area. Our Western Themed Wild West Grill offers communities an opportunity to "Step back in time and enjoy a unique dining experience with extraordinary value. Franchise Support

Cool Hand Luke’s Steakhouse and Saloon is part of a family of Brands that dates back to 1964. With decades of experience behind us and the future before us, the Dynaco team will join forces with you to build your business on a solid foundation. Our team will assist you from the beginning steps including site selection, plan design, thru training and opening your restaurant. We offer a offer comprehensive training program and ongoing evaluation and support to ensure your success.

Every decision made by the parent Company is made with the franchisee in mind. Food development, cost control, and expense management are handled by the President, senior staff and our franchise board. Knowing how important communication is to the success of a company, we hold various meetings throughout the year with franchise owners and our staff to discuss marketing, research and development, networking and many other issues related to our business. We come together as a team to plan, brainstorm, and guide our company to the future.