Ricky's Hotel Partnership Program vs Famous Toastery Franchise Comparison

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

Start-Up Costs and Fees

 
Ricky's Hotel Partnership Program Franchise
Famous Toastery Franchise
Investment $650,000 - And Up$600,500 - $1,024,500
Franchise Fee $45,000$40,000
Royalty Fee 5%5%
Advertising Fee 3%1%-2%
Year Founded -2005
Year Franchised -2013
Term Of Agreement -10 Years
Term Of Agreement -10 Years
Renewal Fee -0


Business Experience Requirements

 
Ricky's Hotel Partnership Program Franchise
Famous Toastery Franchise
Experience --

Financing Options

 
Ricky's Hotel Partnership Program Franchise
Famous Toastery Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/Yes
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/Yes
Payroll -/--/Yes

Training & Support

 
Ricky's Hotel Partnership Program Franchise
Famous Toastery Franchise
Training - On-The-Job Training: 744 hours Classroom Training: 32 hours
Support -Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection
Marketing -Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations --

Expansion Plans

 
Ricky's Hotel Partnership Program Franchise
Famous Toastery Franchise
US Expansion -Yes
Canada Expansion Yes-
International Expansion --

Company Overviews

About Ricky's Hotel Partnership Program

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.

About Famous Toastery

Share the Toastery Love

It’s no secret that breakfast, lunch and brunch restaurants have captured American’s hearts and the interest of restauranteurs nationwide. The hours are ideal. The table turnover is profitable. And as a bonus, you meet some remarkable customers along the way. If you’re interested in owning a Famous Toastery, you must have $250,000 in liquid cash and a net worth of $500,000 or more. Then, you’ll meet with our team so we can spill the beans and make sure we’re a good fit.
Veteran Incentives  20% off franchise fee