Ricky's Candy, Cones & Chaos vs 16 Handles Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Ricky's Candy, Cones & Chaos vs 16 Handles 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
16 Handles Franchise
Investment $378,500 - $563,800$274,500 - $735,000
Franchise Fee $30,000$30,000
Royalty Fee 5%6%
Advertising Fee -2%
Year Founded 20032008
Year Franchised 20042010
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee -10% of the then franchise fee


Business Experience Requirements
 
Ricky's Candy, Cones & Chaos Franchise
16 Handles Franchise
Experience
  • General business experience
  • Work well with children
    		• Experienced business people, franchisees, and multi-unit operators

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

    Training & Support
     
    Ricky's Candy, Cones & Chaos Franchise
    16 Handles Franchise
    Training -2 Weeks of training at one of our corporate training stores in NYC 1 Week of on site training support by one of our Operations Specialists
    Support Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperativesAs a 16 Handles franchise owner, you will receive full support services every step of the way. Through informative, on-site visits and a comprehensive, confidential operations manual, you will be assisted in all the critical areas, including but not limited to: site selection, building design, initial equipment purchases, hiring, management, food ordering and marketing. And you will have ongoing support from our experienced corporate team to guide you through building your business, controlling your costs and running your business efficiently all the way from post-deposit through grand opening and beyond.
    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)

    		A Franchise Business Consultant will be assigned to your store to assist with all business operations

    Expansion Plans
     
    Ricky's Candy, Cones & Chaos Franchise
    16 Handles Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion NoYes

    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 16 Handles

    The 16 Handles Brand is in High Demand. Launched in 2008, 16 Handles was New York's first self-serve pay-by-weight frozen yogurt shop and is still #1 in the city. We give our customers complete and total control over their creation with 16 different frozen yogurts and over 50 different toppings, with a menu offering products like Fro-Yo Cakes, Mega Mixes (take home pints), Toppings to Go, Fro-Yo Sandwiches, Whip-Ups, Waffle Bowls and Cones, Fruit Smoothies, Fro-Yo Hot Cocoa, and more! 16 Handles also offers an eye-catching in-store design, innovative marketing, and an amazing customer experience. We currently have over 40 stores across the East Coast and 150 international stores in development. Reasons to Invest! - #1 Frozen Yogurt Franchise Listed In The 2014 Future 50, Technomic - $780,915* AUV, Highest Among Our Competitors** - Taste The Difference In Quality - Hand Crafted, Proprietary Products With Kosher, Vegan, and Gluten Free Options Available Figures reflect averages for nineteen (19) stores as published under Item 19 of our 2014 Franchise Disclosure Document. As of December 31, 2013, we had twenty seven (27) Franchised Stores in operation, but only nineteen (19) of these Stores were open throughout the entire calendar year. We did not include the revenue figures for the eight (8) Franchised Stores that were not open for the entire 2013 calendar year, nor did we include the revenue figures for the Stores that are owned and operated by us and/or our affiliates. All of the franchisee information contained in Item 19 was provided to us by our franchisees through periodic reports required under the Franchise Agreement. **Competitors being Yogurtland, Pinkberry, Menchie's, sweetFrog, Orange Leaf, Red Mango, and TCBY, according to their respective 2014 FDD's, Item 19

    "franchiserankingscom"
    #72 on Franchise Rankings.com