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Updated RecentlyQuaker Steak & Lube vs Ricky's All Day Grill Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Quaker Steak & Lube vs Ricky's All Day Grill including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $1,800,000 - $3,700,000 | $300,000 - And Up |
| Franchise Fee | $40,000 | $45,000 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 3% | 3% |
| Year Founded | 1974 | - |
| Year Franchised | 1997 | - |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | Quaker Steak & Lube is looking for franchise owners who will be passionate about the brand and philosophically aligned with our values and approach to operating a business. Criteria for a successful franchisee team: * Minimum $500,000 liquidity for single unit development and $1,000,000 liquidity for multi-unit development * Restaurant and/or operational experience * Strong understanding in executing Four-Walls and Local Marketing * Passion for guest service | - |
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 | Available at headquarters: 8-10 weeks. | - |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
| Marketing | Co-op advertising, National media, Regional advertising | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | - | Yes |
| International Expansion | No | - |
Company Overviews
About Quaker Steak & Lube
Founded in 1974 in Sharon, Pa., the Award-Winning casual dining restaurant chain has expanded to more than 60 locations throughout the United States and Canada. Quaker Steak & Lube offers the most differentiated decor, including gas station and motoring memorabilia, classic cars, motorcycles and race cars suspended from the ceiling. Voted Best Wings USA, our concept's varied menu has combined craveable food and high-octane events to create a cult-like fan following. With great new franchise territories available, Quaker Steak & Lube offers America's hottest franchise opportunity while winning hundreds of national and international awards for its innovative menu, unique trade dress, jumbo wings and more than 25 signature wing flavors. What We Offer at Quaker Steak & Lube Franchise * Great new franchise territories available around the country * Multiple revenue streams in each location * Multiple building designs * Wide demographic appeal * Fun casual dining environment * Award-Winning menu * Unique trade dress * Over 25 signature wing flavors * Fresh, never frozen, jumbo bone-in wings
About Ricky's All Day Grill
Ricky’s All Day Grill is a thriving Canadian restaurant franchise with approximately 70 locations, with more under development across Canada. With continual partner support and one of the best restaurant franchise training programs in the country, opening your own Ricky’s All Day Grill is an excellent way to capitalize on 50+ years of casual full-service restaurant success.
Our proven systems, standards and training programs are among the best in the industry. We make restaurants work for you.
Ricky’s All Day Grill is about great service, great people and great food. Our commitment to friendly service sets the gold standard for our industry and our innovative menu and food features are designed to bring customers in - and keep them coming back.