Start-Up Costs and Fees |
||
| Corner Bakery Cafe | Ricky's Candy, Cones & Chaos | |
| Investment | 854000 - 2375000 | 378500 - 563800 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 5% |
| Advertising Fee | ||
| Year Founded | 0 | 2003 |
| Year Franchised | 0 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Corner Bakery Cafe | Ricky's Candy, Cones & Chaos | |
| Experience | * $7.5 million net worth * $3 million liquidity (non-borrowed cash availability) * Interest in developing multiple cafes in a market or combination of markets * Relevant multi-unit restaurant / retail experience in market to be developed * Reside in market to be developed * Demonstrated real estate expertise in market * Existing infrastructure in place * Strong cultural fit * History of community involvement * Appreciation of great food * "Best in class" operators within your current system * Employer of choice within your current system | General business experience Work well with children |
Financing Options |
||
| Corner Bakery Cafe | Ricky's Candy, Cones & Chaos | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Corner Bakery Cafe | Ricky's Candy, Cones & Chaos | |
| Training | ||
| 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 |
||
| Corner Bakery Cafe | Ricky's Candy, Cones & Chaos | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Corner Bakery Cafe | |
| Ricky's Candy, Cones & Chaos | |
| Franchise Fee | |
| Corner Bakery Cafe | |
| Ricky's Candy, Cones & Chaos | |
| Royalty Fee | |
| Corner Bakery Cafe | 5% |
| Ricky's Candy, Cones & Chaos | 5% |
| Advertising Fee | |
| Corner Bakery Cafe | |
| Ricky's Candy, Cones & Chaos | |
| Year Founded | |
| Corner Bakery Cafe | 0 |
| Ricky's Candy, Cones & Chaos | 2003 |
| Year Franchised | |
| Corner Bakery Cafe | 0 |
| Ricky's Candy, Cones & Chaos | 2004 |
| Term Of Agreement | |
| Corner Bakery Cafe | |
| Ricky's Candy, Cones & Chaos | 10 years |
| Renewal Fee | |
| Corner Bakery Cafe | |
| Ricky's Candy, Cones & Chaos | |
Business Experience Requirements |
|
| Experience | |
| Corner Bakery Cafe | * $7.5 million net worth * $3 million liquidity (non-borrowed cash availability) * Interest in developing multiple cafes in a market or combination of markets * Relevant multi-unit restaurant / retail experience in market to be developed * Reside in market to be developed * Demonstrated real estate expertise in market * Existing infrastructure in place * Strong cultural fit * History of community involvement * Appreciation of great food * "Best in class" operators within your current system * Employer of choice within your current system |
| Ricky's Candy, Cones & Chaos | General business experience Work well with children |
Financing Options |
|
| Franchise Fees | |
| Corner Bakery Cafe | |
| Ricky's Candy, Cones & Chaos | |
| Start-up Costs | |
| Corner Bakery Cafe | |
| Ricky's Candy, Cones & Chaos | |
| Equipment | |
| Corner Bakery Cafe} | |
| Ricky's Candy, Cones & Chaos | |
| Inventory | |
| Corner Bakery Cafe | |
| Ricky's Candy, Cones & Chaos | |
| Receivables | |
| Corner Bakery Cafe | |
| Ricky's Candy, Cones & Chaos | |
| Payroll | |
| Corner Bakery Cafe | |
| Ricky's Candy, Cones & Chaos | |
Training & Support |
|
| Training | |
| Corner Bakery Cafe | |
| Ricky's Candy, Cones & Chaos | |
| Support | |
| Corner Bakery Cafe | |
| Ricky's Candy, Cones & Chaos | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Corner Bakery Cafe | |
| Ricky's Candy, Cones & Chaos | Co-op advertising, National media, Regional advertising |
| Operations | |
| Corner Bakery Cafe | |
| Ricky's Candy, Cones & Chaos | 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 | |
| Corner Bakery Cafe | |
| Ricky's Candy, Cones & Chaos | |
| Canada Expansion | |
| Corner Bakery Cafe | |
| Ricky's Candy, Cones & Chaos | |
| International Expansion | |
| Corner Bakery Cafe | |
| Ricky's Candy, Cones & Chaos | |