Ricky's Candy, Cones & Chaos vs Wendy's Milk Bar Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Ricky's Candy, Cones & Chaos vs Wendy's Milk Bar 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
Wendy's Milk Bar Franchise
Investment $378,500 - $563,800$100,000 - $210,000
Franchise Fee $30,000$25,000
Royalty Fee 5%-
Advertising Fee --
Year Founded 20031979
Year Franchised 20040
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Ricky's Candy, Cones & Chaos Franchise
Wendy's Milk Bar Franchise
Experience
  • General business experience
  • Work well with children
  • Wendys franchisees take a hands-on approach to their business yet they understand the importance of following procedure and working within the Wendys system. Our franchisees are friendly, outgoing and determined to succeed. They love making other people happy and they are always positive and enthusiastic. Our franchisees understand the importance of customer service and building strong community relations. They are strong team leaders and they relate well to their staff. In fact, we often talk about our franchisees as having pink blood � they live and breathe the Wendys brand; the outcome of which is almost always reflected in their success. If this sounds like you, then you�re already well on your way to meeting the needs of becoming a Wendys franchisee.

    Financing Options

     
    Ricky's Candy, Cones & Chaos Franchise
    Wendy's Milk Bar 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
    Wendy's Milk Bar Franchise
    Training -

    When you join the Wendys franchise, your first step will be to take part in our franchisee training program where you'll learn about the Wendys philosophy and business approach as well as how to operate your store. The training program includes: *Three weeks of in-store training with an accredited trainer (before your store opens its doors) *One week at our National Support Office where you'll learn about the retail and management skills which underpin Wendys success We also provide ongoing assistance with staff recruitment programs and staff training, including customer service training and other management service programs.

    Support Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperativesWendys Private Website is a key resource for our franchise family. It contains a wealth of information and tools designed to make your life easier. In addition to our confidential Product, Operational and Local Area Marketing manuals, the site contains valuable business tools such as Wendys business planning and promotional plans. It also incorporates important news, promotional briefs and links to order merchandise, posters and vouchers online. As a franchisee, you'll be given your own Wendys email address, enabling you to contact head office and to keep in touch with other franchisees.
    Marketing Co-op advertising, National media, Regional advertisingAs a national network, we have developed a strong brand position in an increasingly cluttered and competitive environment. Keeping Wendys at the forefront of customer minds is an essential part of our success. To do this, we work with leading advertising and communications agencies to implement compelling advertising and marketing campaigns � all designed to achieve excellent cut-through within our key target demographics.
    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
    Wendy's Milk Bar Franchise
    US Expansion --
    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 Wendy's Milk Bar

    Welcome to WendysWith more than three decades of franchise expertise and a product offering that's second to none, it's little wonder that Wendys is the leading brand of choice in the treats market in both Australia and New Zealand. By joining Wendys, you not only become part of a brand that is known and loved; you also become part of a franchise network that is backed by experience and proven systems that work. Everything we do is about empowering our franchisees to be the best they can be - masters of taste and masters of providing the most indulgent, fun, I HAVE to come back here again treat experience.
    The Mini
    The Mini is a compact store offering that offers the perfect entry point into the world of Wendys franchising. At an average of 10m2 - less than half that of our traditional store - what the Mini concept lacks in size, it more than makes up for in punch with a focus on our core product line-up of hot dogs, shakes and scoop ice cream. The flexible nature of the Mini ensures franchisees can be where the demand is. And, with the investment entry point from $100,000.00 + GST, it's not hard to see why the Mini is gaining significant interest - both with young investors as well as those looking to become multi-store owners.
    The Maxi
    The Maxi is the big scoop in the Wendys franchise system. With sale price from $200,000.00 - $ 210,000.00 + GST, the Maxi is a store in which franchisees can maximize their potential. The large-space format Maxi ranges from 20m2, enabling franchisees to carry the full Wendys product range including hot dogs, shakes,smoothies, cakes, soft serve and - of course - a veritable rainbow of scoop ice cream flavours.
    Think you have what it takes to join our team of experts in all things yum? Contact us.