As a Ricky’s All Day Grill franchise partner, your costs will vary according to many factors, including restaurant size, local economic conditions and the cost of construction materials in your particular market.

While investments vary by location, the current estimated range is between $850,000 and $950,000. Some locations may have higher costs. Converting an existing restaurant can significantly lower the investment requirements.

The following investment requirements are typical for opening a Ricky’s All Day Grill restaurant.

Initial Franchise Fee
Ricky’s All Day Grill franchise partners are required to pay an initial franchise fee of $45,000, which covers your initial training, site selection costs, support and other associated expenses.

Cash Requirement
Opening a Ricky’s All Day Grill restaurant typically requires $300,000 to $400,000 of non-borrowed personal resources.

On-going Costs
On-going operating costs for your Ricky’s All Day Grill restaurant includes a monthly royalty fee of 4.5% of gross receipts. Franchise partners also pay an advertising contribution of 3% of gross receipts.

Additional Financing
Additional funding can be financed through a traditional lending institution. Ricky’s All Day Grill franchise partners receive guidance and assistance in preparing a formal bank proposal and presentation. Ricky’s has long-term associations with various financial institutions and can help you find a lender that is right for your needs.