|
Below is an in-depth analysis and side-by-side comparison of De Dutch Pannekoek House vs Ricky's Hotel Partnership Program including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $350,000 - $750,000 | $650,000 - And Up |
Franchise Fee | $42,000 | $45,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | 3% | 3% |
Year Founded | 1975 | - |
Year Franchised | 1979 | - |
Term Of Agreement | 5 years +5 | - |
Term Of Agreement | 5 years +5 | - |
Renewal Fee | $2500 | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | - | Yes |
International Expansion | - | - |
The first "Original Dutch Pannekoek House” opened July of 1975 on the corner of Knight Street and 25th Avenue in Vancouver. This location is still in operation today.
By the time the third one opened on Main Street and Terminal, John had created a unique breakfast restaurant with an emphasis on quality food. People couldn’t pronounce the "P Word,” but they sure loved to eat it. Right around this time John met Bill Waring. Soon after meeting, Bill bought a Frying Dutchman franchise in 1979.
De Dutch is the only restaurant of its kind in Western Canada ! We're a franchise of casual dining restaurants that specializes in breakfast, brunch and lunch, and offers oh so much more. Simply De- licious!For over fifty years, Ricky’s has been serving great food and making guests feel like they’re at home. Our 70+ locations throughout Canada are focused on upbeat, efficient customer service in a family-friendly environment.
Our commitment to friendly, quick service sets the gold standard in our industry. The innovative menu and food features are designed to bring folks in - and keep them coming back.
Ricky’s has proven menus and a business model focused on optimizing space to improve profit. We’re unique in the casual dining category because we perform well in all three day parts - breakfast, lunch, and dinner. This day long success with guests is part of Ricky’s well-known brand.
Ricky’s leads in the breakfast category in every market we compete in. Hotel guests and area residents both love having a Ricky’s close so they can enjoy our famous breakfasts and all day, family dining.