|
Below is an in-depth analysis and side-by-side comparison of Ricky's Candy, Cones & Chaos vs Yogurt Lab including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $378,500 - $563,800 | $313,500 - $557,000 |
Franchise Fee | $30,000 | $35,000 |
Royalty Fee | 5% | 6% of Gross Revenues |
Advertising Fee | - | 1% local |
Year Founded | 2003 | 2011 |
Year Franchised | 2004 | 2013 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
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 |
||
Training | - | Before you open your Store, we will train you and one of your manager-level employees to operate a YOGURT L AB Store. We will provide approximately eight days of training (although the specific number of days depends on our opinion of your experience and needs) in Minneapolis, Minnesota, or another location we designate. You must attend the entire training program. Additional people beyond the first two may attend initial training if you pay our then- current training charge for each additional person (currently $500 per person per day). You also must pay for all travel and living expenses that you and your employees incur and for your employees' wages and workers' compensation insurance while they attend our initial training program. Training will occur after you sign the Franchise Agreement and while you are developing the Store. You and your attendees must complete the entire training program to our satisfaction before you may open your Store |
Support | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | - |
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 |
||
US Expansion | - | - |
Canada Expansion | No | - |
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.