Ricky's Candy, Cones & Chaos vs Krispy Kreme Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Ricky's Candy, Cones & Chaos vs Krispy Kreme including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Ricky's Candy, Cones & Chaos Franchise
Krispy Kreme Franchise
Investment $378,500 - $563,800$200,500 - $4,115,000
Franchise Fee $30,000$12,500 - $25,000
Royalty Fee 5%4.5%
Advertising Fee -1.5%
Year Founded 20031937
Year Franchised 20040
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Ricky's Candy, Cones & Chaos Franchise
Krispy Kreme Franchise
Experience
  • General business experience
  • Work well with children
    		•  *Passionate about the Krispy Kreme brand and products *Proven track record of running a successful multi-unit restaurant business *Highly committed to providing great customer service *Financial resources to fund a multi-unit store development plan including a minimum $1 million in liquid assets and a minimum net worth of $2 million.

    Financing Options
     
    Ricky's Candy, Cones & Chaos Franchise
    Krispy Kreme Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Ricky's Candy, Cones & Chaos Franchise
    Krispy Kreme Franchise
    Training -*Initial Production Training (three to four weeks) *Processing Standards (one to two weeks) *Shift Management Training (four to five weeks) *Equipment Maintenance (1 week)
    Support Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives *New product innovation and unique occasion product offerings *Access to Krispy Kreme University �" a six month, all-inclusive training for Operations Directors, General Managers and Assistant General Managers *Grand opening support *Ongoing restaurant franchise operations support for the term of the franchise agreement *In-store training for hourly staff *Real estate and site selection support *Conceptual drawings *Project management and construction support *Access to area development agreements *Ability to impact communities with a unique and robust fundraising program
    Marketing Co-op advertising, National media, Regional advertising-
    Operations 30% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 10 - 12

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Ricky's Candy, Cones & Chaos Franchise
    Krispy Kreme Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About Ricky's Candy, Cones & Chaos

    NO LONGER FRANCHISING 

    Own Your Own Ricky's Candy, Cones and Chaos Candy Store and Ice Cream Franchise It's A Sweet Opportunity Candy and ice cream combined are a $45 billion industry with an annual growth rate of about 2 percent. Check out this tasty list of facts: *Candy boasts terrific margins. *Ice cream sales have become an all-season business. *Super premium ice cream has been the fastest growing segment of the frozen treats market. There is a growing demographic of young parents who cater birthday parties for their children outside of their homes. Residents of the Northeast consume more candy than any other region in the United States Ricky's Candy, Cones and Chaos is the ultimate ice cream and candy experience for customers and a sweet franchise opportunity for you! It includes thousands of bulk candy choices; a delicious super-premium ice cream you make in the store; candy novelties and other great gifts; and a color-filled party room terrific for kids' birthdays. These three business centers - candy, cones and 'chaos' - provide an all-season business opportunity for the dedicated franchisee. The Sa-weeetist Franchise Support Anywhere Ricky's Candy, Cones and Chaos will give franchise operations unparalleled support including: *Site evaluation and selection. *Lease and contract negotiations. *Staff consultation during construction process. *Name-brand products and proprietary products. *In-house management training program at our flagship location. *On-site operations assistance prior to and during your store opening. *Marketing assistance. *On-going assistance as needed. Ricky's Candy, Cones and Chaos Candy Store and Ice Cream Franchise The Ultimate in Fun and Excitement Ricky's Candy Cones and Chaos is the ultimate ice cream and candy experience; something for kids ages 5 to 85! Families love our "Chaos Center," where they can build their own fabulous sundae. And our candy choices are nothing less than extraordinary! Bin after bin, you'll find thousands of treats to choose from - bag 'em, put 'em in a tin, or have them wrapped for the ultimate candy gift! For the ultimate birthday, team or group event, book our party room! Kids can make their own candy jewelry, share sweet treats with friends, and have loads of fun! Ricky's Candy, Cones and Chaos puts fun first.

    About Krispy Kreme

    Are you ready to embrace a franchise opportunity worth a million smiles? Owning a Krispy Kreme doughnut franchise could be the sweetest move you have ever made!
    In 1937, an entrepreneurial young man named Vernon Rudolph rented a small warehouse in Winston Salem, North Carolina so he could make doughnuts to sell to grocery stores. As it turns out, those doughnuts smelled so good that people walking past wanted to buy them. Vernon cut a hole in an outside wall and started selling them to passersby. Business began to boom! Vernon perfected the proprietary doughnut-making equipment and the secret recipe to be used in his new chain of shops, ensuring that every single doughnut made at a Krispy Kreme shop was deserving of the Krispy Kreme name. Now, with decades of franchising experience, Krispy Kreme has become one of the most beloved doughnut and coffee franchises on the market with worldwide brand recognition. As the leading specialty retailer of premium-quality doughnuts, including our signature Original Glazed, our vision is to be the worldwide leader in sharing delicious tastes and creating joyful memories.

    Krispy Kreme franchisees share our vision and benefit from our time-tested leadership and doughnut franchise experience in bringing our premium brand to more people in more places than ever before. We strive to fulfill our mission statement: to touch and enhance lives through the joy that is Krispy Kreme. As a Krispy Kreme doughnut and coffee franchise owner, you become part of something more than just making doughnuts and coffee - you will share in the sweet success we strive for each and every day, as well as the smiles of your customers when they taste our delicious sweet treats. From our Hot Doughnuts Now sign and Doughnut Theater to our iconic paper hats, Krispy Kreme is a sweet and unique flavor of a brand.

    The total initial investment necessary to begin operation ranges from $1,287,500 to $2,750,000 for a Factory Store;
    $558,500 to $1,500,000 for a Tunnel Oven Shop;
    $440,500 to $1,200,000 for a Fresh Shop;
    $200,500 to $453,000 for a Box Shop; and
    $1,617,500 to $4,115,000 for a Commissary Facility.
    These totals include the following amounts that must be paid to us as initial fees and for a variety of goods and services, as follows: for a Factory Store, $355,000 to $580,000; for a Tunnel Oven Shop, $91,000 to $134,000; for a Fresh Shop, $30,000 to $33,000; for a Box Shop, $30,000 to $33,000; and for a Commissary Facility, $355,000 to $1,070,000.

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