Start-Up Costs and Fees |
||
| Cora's | Ricky's Hotel Partnership Program | |
| Investment | 550000 - 900000 | 650000 - 999999 |
| Franchise Fee | ||
| Royalty Fee | 5% of net | 5% |
| Advertising Fee | 2% National Fund; 1% Local Fund | 3% |
| Year Founded | 1987 | 0 |
| Year Franchised | 1994 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
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| Cora's | Ricky's Hotel Partnership Program | |
| Experience | ||
Financing Options |
||
| Cora's | Ricky's Hotel Partnership Program | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Cora's | Ricky's Hotel Partnership Program | |
| Training | We provide franchisees with 5 weeks of theoretical and practical training. | |
| Support | We support the restaurant with a team of trainers who are on site to help you and your staff. Our dedicated and experienced Operations team works with the franchisee to ensure respect of the Cora processes and high standards. Manuals covering all of the operating, marketing and management processes will be made available for your reference. You will benefit from a customized computer system helping you operate your business, keep track of key metrics, inventory, schedules, etc. We use a proprietary extranet information system which allows, through the Internet, automatic transfer and management of data. This system also offers online multimedia training. Using a touch screen, employees have access to online training related to their position in the restaurant. | |
| Marketing | ||
| Operations | We require franchisees to be owner/operators. You can consider an operating partner; however, you and/or the operating partner must participate in all stages of the franchisee approval process. Your operating partner is required to hold a minimum of 25% of shares within the operating company. | |
Expansion Plans |
||
| Cora's | Ricky's Hotel Partnership Program | |
| US Expansion | ||
| Canada Expansion | 0 | Alberta, British Columbia, Manitoba, Ontario, Saskatchewan |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Cora's | |
| Ricky's Hotel Partnership Program | |
| Franchise Fee | |
| Cora's | |
| Ricky's Hotel Partnership Program | |
| Royalty Fee | |
| Cora's | 5% of net |
| Ricky's Hotel Partnership Program | 5% |
| Advertising Fee | |
| Cora's | 2% National Fund; 1% Local Fund |
| Ricky's Hotel Partnership Program | 3% |
| Year Founded | |
| Cora's | 1987 |
| Ricky's Hotel Partnership Program | 0 |
| Year Franchised | |
| Cora's | 1994 |
| Ricky's Hotel Partnership Program | 0 |
| Term Of Agreement | |
| Cora's | |
| Ricky's Hotel Partnership Program | |
| Renewal Fee | |
| Cora's | |
| Ricky's Hotel Partnership Program | |
Business Experience Requirements |
|
| Experience | |
| Cora's | |
| Ricky's Hotel Partnership Program | |
Financing Options |
|
| Franchise Fees | |
| Cora's | |
| Ricky's Hotel Partnership Program | |
| Start-up Costs | |
| Cora's | |
| Ricky's Hotel Partnership Program | |
| Equipment | |
| Cora's} | |
| Ricky's Hotel Partnership Program | |
| Inventory | |
| Cora's | |
| Ricky's Hotel Partnership Program | |
| Receivables | |
| Cora's | |
| Ricky's Hotel Partnership Program | |
| Payroll | |
| Cora's | |
| Ricky's Hotel Partnership Program | |
Training & Support |
|
| Training | |
| Cora's | We provide franchisees with 5 weeks of theoretical and practical training. |
| Ricky's Hotel Partnership Program | |
| Support | |
| Cora's | We support the restaurant with a team of trainers who are on site to help you and your staff. Our dedicated and experienced Operations team works with the franchisee to ensure respect of the Cora processes and high standards. Manuals covering all of the operating, marketing and management processes will be made available for your reference. You will benefit from a customized computer system helping you operate your business, keep track of key metrics, inventory, schedules, etc. We use a proprietary extranet information system which allows, through the Internet, automatic transfer and management of data. This system also offers online multimedia training. Using a touch screen, employees have access to online training related to their position in the restaurant. |
| Ricky's Hotel Partnership Program | |
| Marketing | |
| Cora's | |
| Ricky's Hotel Partnership Program | |
| Operations | |
| Cora's | We require franchisees to be owner/operators. You can consider an operating partner; however, you and/or the operating partner must participate in all stages of the franchisee approval process. Your operating partner is required to hold a minimum of 25% of shares within the operating company. |
| Ricky's Hotel Partnership Program | |
Expansion Plans |
|
| US Expansion | |
| Cora's | |
| Ricky's Hotel Partnership Program | |
| Canada Expansion | |
| Cora's | 0 |
| Ricky's Hotel Partnership Program | Alberta, British Columbia, Manitoba, Ontario, Saskatchewan |
| International Expansion | |
| Cora's | |
| Ricky's Hotel Partnership Program | |