Start-Up Costs and Fees |
||
| Ricky's | Twin Peaks | |
| Investment | 800000 - 950000 | 1309800 - 2365900 |
| Franchise Fee | ||
| Royalty Fee | 4.50% | 5% |
| Advertising Fee | 3% | 3% |
| Year Founded | 1960 | 2005 |
| Year Franchised | 1978 | 2005 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Ricky's | Twin Peaks | |
| Experience | *Multi-unit developers (ability to develop three or more restaurants): $500,000 liquid (per store); $1,500,000 net worth (per store). *Strong banking relationships and ability to secure funding. Management and Operating Requirements *At least five years multi-unit restaurant operations and development experience. *The ability to deliver a superlative customer experience while maintaining a dedication to develop the Twin Peaks culture. *Live in your market and have strong ties to the local community. *The ability to create and manage an organization that recruits, trains, retains and motivates people effectively. *Dedication to operations excellence. | |
Financing Options |
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| Ricky's | Twin Peaks | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Ricky's | Twin Peaks | |
| Training | *The franchise group's control person and all management participate in a 6-7 week training program at the Twin Peaks Training Center located in Dallas, Texas. *Additionally, we provide an opening training team to provide on-site pre-opening and opening training, supervision and assistance to you for a minimum of 14 days. *Once completed, franchisees receive regular updates to their training, including on-site visits and operation reviews. | |
| Support | *Development and Site Selection help *Grand opening *Training teams *Meetings *Intranet system/Online training materials *Security/safety procedures *Field operations/evaluations *Purchasing cooperatives, R&D | |
| Marketing | Co-op advertising, Interactive Website, Merchandise, Email Club, Billboards, Girl of the Month photo shoots, Twin Peaks TV in house ads, Seasonal Costume changes, Private label beer. | |
| Operations | *50% of all franchisees own more than one unit. *Number of employees needed to run franchised unit: 60. *Absentee ownership of franchise is allowed.. | |
Expansion Plans |
||
| Ricky's | Twin Peaks | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | Alberta, British Columbia, Manitoba, New Brunswick, Nova Scotia, Saskatchewan | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Ricky's | |
| Twin Peaks | |
| Franchise Fee | |
| Ricky's | |
| Twin Peaks | |
| Royalty Fee | |
| Ricky's | 4.50% |
| Twin Peaks | 5% |
| Advertising Fee | |
| Ricky's | 3% |
| Twin Peaks | 3% |
| Year Founded | |
| Ricky's | 1960 |
| Twin Peaks | 2005 |
| Year Franchised | |
| Ricky's | 1978 |
| Twin Peaks | 2005 |
| Term Of Agreement | |
| Ricky's | |
| Twin Peaks | 15 years |
| Renewal Fee | |
| Ricky's | |
| Twin Peaks | |
Business Experience Requirements |
|
| Experience | |
| Ricky's | |
| Twin Peaks | *Multi-unit developers (ability to develop three or more restaurants): $500,000 liquid (per store); $1,500,000 net worth (per store). *Strong banking relationships and ability to secure funding. Management and Operating Requirements *At least five years multi-unit restaurant operations and development experience. *The ability to deliver a superlative customer experience while maintaining a dedication to develop the Twin Peaks culture. *Live in your market and have strong ties to the local community. *The ability to create and manage an organization that recruits, trains, retains and motivates people effectively. *Dedication to operations excellence. |
Financing Options |
|
| Franchise Fees | |
| Ricky's | |
| Twin Peaks | |
| Start-up Costs | |
| Ricky's | |
| Twin Peaks | |
| Equipment | |
| Ricky's} | |
| Twin Peaks | |
| Inventory | |
| Ricky's | |
| Twin Peaks | |
| Receivables | |
| Ricky's | |
| Twin Peaks | |
| Payroll | |
| Ricky's | |
| Twin Peaks | |
Training & Support |
|
| Training | |
| Ricky's | |
| Twin Peaks | *The franchise group's control person and all management participate in a 6-7 week training program at the Twin Peaks Training Center located in Dallas, Texas. *Additionally, we provide an opening training team to provide on-site pre-opening and opening training, supervision and assistance to you for a minimum of 14 days. *Once completed, franchisees receive regular updates to their training, including on-site visits and operation reviews. |
| Support | |
| Ricky's | |
| Twin Peaks | *Development and Site Selection help *Grand opening *Training teams *Meetings *Intranet system/Online training materials *Security/safety procedures *Field operations/evaluations *Purchasing cooperatives, R&D |
| Marketing | |
| Ricky's | |
| Twin Peaks | Co-op advertising, Interactive Website, Merchandise, Email Club, Billboards, Girl of the Month photo shoots, Twin Peaks TV in house ads, Seasonal Costume changes, Private label beer. |
| Operations | |
| Ricky's | |
| Twin Peaks | *50% of all franchisees own more than one unit. *Number of employees needed to run franchised unit: 60. *Absentee ownership of franchise is allowed.. |
Expansion Plans |
|
| US Expansion | |
| Ricky's | |
| Twin Peaks | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Ricky's | Alberta, British Columbia, Manitoba, New Brunswick, Nova Scotia, Saskatchewan |
| Twin Peaks | |
| International Expansion | |
| Ricky's | |
| Twin Peaks | |