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Updated RecentlyFriendly Banners vs Ruby Tuesday Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Friendly Banners vs Ruby Tuesday including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $450,000 | $1,559,650 - $3,877,400 |
| Franchise Fee | $30,000 | $35,000 |
| Royalty Fee | 4% | 4% of gross sales |
| Advertising Fee | 2% | 1.5% of gross sales |
| Year Founded | 1989 | 1972 |
| Year Franchised | 1989 | 1997 |
| 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 | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | Yes | No |
| International Expansion | No | No |
Company Overviews
About Friendly Banners
A family style restaurant concept featuring a program of ice cream desserts. Open for breakfast, lunch and dinner. Senior's discounts and children's menu available. A range of delicious, high quality ice cream treats from Big Scoop also tempts guests. These delicious treats can be enjoyed after a full-service meal in Banners' comfortable surroundings, or purchased as take-out items from the Big Scoop module unit within the Banners Restaurant.
About Ruby Tuesday
Joining the Ruby Tuesday franchise family will open the door to an exciting future. Since 1972, we've set the highest standards in culinary excellence and restaurant innovations. We've positioned ourselves as a leader in restaurant technology and achieved the highest level of operational expertise. Franchise opportunities are now open for interested investors and potential restaurant franchisees in many areas of the world, both internationally and domestically.