Ricky's Candy, Cones & Chaos vs Red Mango Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Ricky's Candy, Cones & Chaos vs Red Mango 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
Red Mango Franchise
Investment $378,500 - $563,800$194,200 - $500,900
Franchise Fee $30,000$27,000 - $42,000
Royalty Fee 5%6%
Advertising Fee -3%
Year Founded 20032006
Year Franchised 20042007
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee --


Business Experience Requirements
 
Ricky's Candy, Cones & Chaos Franchise
Red Mango Franchise
Experience
  • General business experience
  • Work well with children
    		• Ideal Traits for a Red Mango Frozen Yogurt Franchisee Strong leadership skills and a genuine love of people Energetic and driven to succeed Ability to work well within a system A passion for improving your local community Someone who recognizes the value of a healthy lifestyle and has a strong desire to share healthy choices with others A strong focus on customer happiness and satisfaction Previous restaurant experience is helpful, but not required Experience building a great team

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

    Training & Support
     
    Ricky's Candy, Cones & Chaos Franchise
    Red Mango Franchise
    Training -We offer extensive training for both franchisees and crew members. By opening day, you and your team will be confident and ready to make your customers happy! On-The-Job Training: 7 days Classroom Training: 12 days Additional Training: At certified training store
    Support Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperativesFull support of a highly experienced team that assists locations all over the United States (and even some parts of Central and South America). When it comes to the frozen yogurt business, we’ve seen it all and as a franchisee, you’ll be able to leverage our experience and knowledge to help build your business into something you and your community can be proud of. Newsletter Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations
    Marketing Co-op advertising, National media, Regional advertisingAd Templates
    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)

    		Absentee Ownership Allowed

    Number of Employees Required to Run: 10


    Expansion Plans
     
    Ricky's Candy, Cones & Chaos Franchise
    Red Mango 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 Red Mango

    MAKE A REAL IMPACT
      Red Mango is virtually the only franchise brand that is committed to providing genuinely nutritious and delicious products. We serve our authentic frozen yogurt in an inviting retail environment that attracts customers and employees
     JOIN A REAL GROWTH OPPORTUNTY
      Red Mango's simple operation, small footprint, relatively low investment cost and rapidly growing product category create a powerful business opportunity. With the support of some of the franchise community's most respected investors and executives, Red Mango has established itself as one of America's fastest growing new brands.

    Seeking new franchise units in Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, Central America, Mexico, South America    

    There are existing master franchises in Mexico, El Salvador, and Uruguay but territory is available in Canada, the Carribean, and throughout South America for experienced, qualified operators. For territories in Asia, Europe, and Africa we will refer you to Red Mango International which is operated out of South Korea.
     
    The total investment necessary to begin operation of a Traditional Store ranges from $321,700 to $500,900. This includes the $42,000 that must be paid to the franchisor or an affiliate. The total investment necessary to begin operation of a Non-Traditional Store ranges from $194,200 to $386,100. This includes the $27,000 that must be paid to the franchisor or an affiliate. The total investment necessary to begin operation of a RED MANGO�"HUMBLE DONUT CO. Co-Branded Traditional Store ranges from $443,700 to $570,400. This includes the $42,000 that must be paid to the franchisor or an affiliate. The total investment necessary to begin operation of a RED MANGO Store Co-Branded with a Third Party Concept ranges from $117,700 to $259,100. This includes the $20,000 to $27,000 that must be paid to the franchisor or an affiliate. If you are acquiring development rights under the standard store development program, the franchisor requires a commitment to develop at least two Stores. At the time you sign the Store Development Agreement, you will pay the franchisor a development fee equal to the initial franchise fees due for the Stores you commit to develop. For example, if you commit to develop two RED MANGO Stores (assuming that neither the military veteran’s program nor the qualified existing franchisee discount applies), the minimum development fee will be $30,000 + $20,000 = $50,000. If both of your stores are RED MANGO Non-Traditional Stores (assuming that the military veteran’s program discount does not apply), then the minimum development fee will be $15,000 + $15,000 = $30,000.