Ricky's vs Wimpys Diner Franchise Comparison

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

Start-Up Costs and Fees

 
Ricky's Franchise
Wimpys Diner Franchise
Investment $800,000 - $950,000$250,000 - $500,000
Franchise Fee $45,000$30,000
Royalty Fee 4.5%4%
Advertising Fee 3%2%
Year Founded 19601988
Year Franchised 19781992
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Ricky's Franchise
Wimpys Diner Franchise
Experience --

Financing Options

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

Training & Support

 
Ricky's Franchise
Wimpys Diner Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Ricky's Franchise
Wimpys Diner Franchise
US Expansion -Yes
Canada Expansion YesYes
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 Wimpys Diner

Wimpy's Diner is a full menu Diner Style Restaurant chain with a nostalgic 50's and 60's atmosphere, serving Famous Burgers, Home style breakfast, Lunch, Dinner specials and other generously portioned entrees. Due to great public interest, the projected mark for the total number of stores in Southern Ontario was already surpassed by early 1997, thus creating the "WIMPY'S" trademark, which was issued in January of the same year. Wimpy's Diner Inc. is the licensing company for Wimpy's Diner chain.