Ricky's Candy, Cones & Chaos

Founded: 2003 Franchising since: 2004

140 Nassau St. Princeton, New jersey 08542

Phone: (609)430-9096

Franchisor is a privately-held company with 5 employee(s)

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2006	8	0	0	1
2005	5	0	0	1

Where Seeking Franchisees
In the U.S. 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, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Total investment: $378.5K-563.8K Franchise fee: $30K

Ongoing royalty fee: 5% Term of agreement: 10 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	Yes
Startup Costs	No	Yes
Equipment	No	Yes
Inventory	No	Yes
Accounts Receivable	No	Yes
Payroll	No	No

Third-party financing source(s): Northfolk Bank, Bank of America, CIT Group

Qualifications
Net worth requirement: $250K-500K
Cash liquidity requirement: $100K
Business Experience:

• General business experience
• Work well with children

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)

Training

• Available at headquarters: 2 weeks
• At franchisee's location: 1 week

Ongoing Support

• Newsletter
• Meetings
• Grand opening
• Internet
• Field operations/evaluations
• Purchasing cooperatives

Marketing Support

• Co-op advertising
• National media
• Regional advertising