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Below is an in-depth analysis and side-by-side comparison of Ricky's Candy, Cones & Chaos vs COBS Bread including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $378,500 - $563,800 | $400,000 - $750,000 |
Franchise Fee | $30,000 | $25,000 |
Royalty Fee | 5% | 7% |
Advertising Fee | - | 3% |
Year Founded | 2003 | 2003 |
Year Franchised | 2004 | 2006 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-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 |
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Training | - | Throughout the 16 week training program, our training consultants will teach you everything you need to know about managing your COBS Bread bakery. This includes how to monitor and manage operations and finance, the full baking process, production planning, stock control, marketing, managing staff and wages, performance and recruitment management, occupational health and safety, and more, including: * Product knowledge and handling. * Bakery team training and customer service. * Marketing and promotions. * Purchasing and inventory control. * Effective management practices. * Bakery staff development. The COBS Bread Franchise Training Program takes place in a bakery environment, at designated bakery locations. It is conducted over three months, following a three week orientation. During this time potential franchisees acquire the necessary competencies required to operate a COBS Bread bakery. In addition to this, they attend off-site additional training on an ongoing basis when the need arises. |
Support | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | COBS Bread train franchisees to operate their business at a profit, offer experienced 'hands-on' group management, proven business procedures and systems. To meet the changing demands of customers, COBS Bread continues to enhance systems, policies, departmental structures and guidelines, to provide franchisees with more streamlined, relevant and timely support. |
Marketing | Co-op advertising, National media, Regional advertising | The COBS Bread brand is distinctive - from the delightful service to the high quality freshly baked breads day after day. Real people' baking real bread' while demonstrating real delight,' is the cornerstone of our group marketing strategy. Parent company Bakers Delight, has a strong, recognisable brand. COBS Bread is closely aligned with the Bakers Delight brand, leveraging existing brand awareness. Over time the COBS Bread brand will become more recognisable and continue to grow. Strategic marketing support is offered in the areas of advertising, media, design, product, pricing, public relations, merchandising and market research. Franchisees also have the flexibility to conduct campaigns at a local level. Local marketing supports corporate strategies, leveraging the advertising dollar. |
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 |
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US Expansion | - | - |
Canada Expansion | No | Yes |
International Expansion | No | - |
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.
COBS Bread began in Vancouver, BC, Canada with the opening of the Edgemont pastry shop in November 2003. Its opening group of individuals incorporated a few Aussies who had gone far and wide yet began to look all starry eyed at Beautiful British Columbia. These bold Aussies were from Bakers Delight - a retail bread heating bunch. It would be ideal if you don't hesitate to visit the Bakers Delight site at www.bakersdelight.com.au One of these meandering Aussies is a fifth era pastry specialist. COBS bread is a youthful, enthusiastic organization with high aspirations; committed to furnishing the group with the most ideal and freshest bread. COBS Bread has constructed an organization that places a high accentuation on learning and self-awareness by supporting and testing its kin to come to their fullpotential. Fruitful franchisees originate from various foundations. Do you have the accompanying qualities:
*Team player.
*Hard laborer.
*Possess a craving to accomplish.
*Willing to take after the COBS Bread framework.
*Good relational abilities.
*Self-train and constancy.
*Superior hierarchical abilities
*Willingness to learn
*Show uprightness.