Carvel vs Miami Rice Pudding Company Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Carvel vs Miami Rice Pudding Company including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Carvel Franchise
Miami Rice Pudding Company Franchise
Investment $250,600 - $415,500$71,000 - $175,000
Franchise Fee $30,000$24,500
Royalty Fee $2.44/gal.6%
Advertising Fee $2.13/gallon-
Year Founded 19342006
Year Franchised 19472006
Term Of Agreement 20 years10 years
Term Of Agreement 20 years10 years
Renewal Fee Then current fee-


Business Experience Requirements

 
Carvel Franchise
Miami Rice Pudding Company Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    Carvel Franchise
    Miami Rice Pudding Company Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/No
    Start-up Costs No/YesNo/No
    Equipment No/YesNo/No
    Inventory No/YesNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    Carvel Franchise
    Miami Rice Pudding Company Franchise
    Training -* Available at headquarters: 1 week

    * At franchisee's location: 1 week

    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising, Ad slicks, Regional advertising-
    Operations International franchisees required to buy multiple units/master licenses; 25% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 6

    Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Carvel Franchise
    Miami Rice Pudding Company Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Carvel

    In 1934 Tom Carvel opened his first ice cream shop in Hartsdale, New York. Over the years, he developed formulas and equipment for creating and serving his ice cream. The company started franchising in 1947, and by 1951 had opened 100 stores. Today the company distributes its line of ice cream, cakes, pies and other treats in its own locations and in stadiums, club stores and supermarkets.

    The total investment necessary to begin operation of a Shoppe selling a full range of Carvel® products (a “Full Shoppe”) ranges from $250,600 to $415,500. This includes $30,000 to $32,000 that must be paid to the franchisor or their affiliates.
    The total investment necessary to begin operation of a Shoppe selling selected Carvel® products (an “Express Shoppe”) ranges from $39,600 to $148,400.
    The total investment necessary to begin operation of an Express Shoppe within the space of another restaurant, food service facility, or business approved by the franchisor (a “Hosted Express Shoppe”) ranges from $33,100 to $66,500. These total investment estimates for Express Shoppes and Hosted Express Shoppes include $10,000 to $12,000 that must be paid to the franchisor or their affiliates.
    The total investment necessary to begin operation of a Shoppe in an ice cream truck (an “Ice Cream Truck”) is $95,050 to $195,000. This includes $5,000 to $7,000 that must be paid to the franchisor or their affiliates.

    "Entrepreneur
    #361 in Franchise 500 for 2020.
    #273 in Franchise 500 for 2021.



    About Miami Rice Pudding Company

    NO LONGER FRANCHISING
    We are hoping someone would like to take our concept to the next level email us for some info [email protected] Unbelievable franchise opportunity introducing this great dessert concept to the malls, airports, art shows and similar venues in your market. Over 35 flavors of Rice Pudding delivered in cups or cones with the customers' choice of toppings. A low investment franchise. Miami Rice Pudding's goal is to help franchisees bring the healthy joy of flavored rice pudding to the world. The reception of our 35 great flavors at our prototype proves the public is ready. Our concept also provides frozen "active culture" frozen "real" yogurt, smoothies and the option to sell ice cream both hard and soft. Other items are available for retail depending on your market location. Customers regularly claim, "This rice pudding is Unbelievable!" Miami Rice Pudding units occupy 300 to 1000 square feet of space in malls, airports, shopping centers, downtown areas where foot traffic is constant. Free sampling is a big part of drawing in our customer and a great percentage say, "Wow, this is great!" and head to the counter to make a purchase. You can join our franchise system and open in your market with a low investment and start up in a short period of time. Our system requires minimal food preparation and our product has a long shelf-life. Mall chains are eager for us to expand to their locations because we're unique, competitive, nutritious and a fun concept. Call us toll free today at 866-6EAT-RICE