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Miami Rice Pudding Co.

At a Glance

Products & Services: Gourmet rice puddings

Number of Locations: 3

Total Investment: $78K - 169K

Founded: 2006

Began Franchising: 2006

Private Owned

Franchise Units

Year U.S. Canadian International Company Owned
2009 1 0 1 1
2008 3 0 1 1
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
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, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming.
Franchisor is seeking new units in Middle East.

Startup Costs, Ongoing Fees and Financing

Total Investment: $78,000 - $169,000
Franchise Fee: $19,500 - $24,500
Ongoing Royalty Fee: $155/wk.
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $190,000
Liquid Cash Available: $25,000
Operations
Number of employees needed to run franchised unit: 3 - 3. Absentee ownership of franchise is allowed..
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 1 week. At franchisee's location: 1 week.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Co-op advertising, Ad slicks,