Start-Up Costs and Fees |
||
| Gigi's Cupcakes | Ricky's Candy, Cones & Chaos | |
| Investment | 226700 - 425500 | 378500 - 563800 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 2.50% | |
| Year Founded | 2007 | 2003 |
| Year Franchised | 2008 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Gigi's Cupcakes | Ricky's Candy, Cones & Chaos | |
| Experience | You will need prior experience in running a business, preferably retail. Passion - We want you to be excited and enthusiastic about owning a cupcake shop. Involvement - You are expected be involved in your business on a daily basis, because we find greater success with owners that are actively involved in the operation of their shop. This business requires real commitment, attention to detail, and hard work. | General business experience Work well with children |
Financing Options |
||
| Gigi's Cupcakes | Ricky's Candy, Cones & Chaos | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Gigi's Cupcakes | Ricky's Candy, Cones & Chaos | |
| Training | On-The-Job Training: 91 hours Classroom Training: 52 hours | |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Ad Templates National Media Social media SEO Email marketing Loyalty program/app | 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 |
||
| Gigi's Cupcakes | Ricky's Candy, Cones & Chaos | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Gigi's Cupcakes | |
| Ricky's Candy, Cones & Chaos | |
| Franchise Fee | |
| Gigi's Cupcakes | |
| Ricky's Candy, Cones & Chaos | |
| Royalty Fee | |
| Gigi's Cupcakes | 5% |
| Ricky's Candy, Cones & Chaos | 5% |
| Advertising Fee | |
| Gigi's Cupcakes | 2.50% |
| Ricky's Candy, Cones & Chaos | |
| Year Founded | |
| Gigi's Cupcakes | 2007 |
| Ricky's Candy, Cones & Chaos | 2003 |
| Year Franchised | |
| Gigi's Cupcakes | 2008 |
| Ricky's Candy, Cones & Chaos | 2004 |
| Term Of Agreement | |
| Gigi's Cupcakes | 10 years |
| Ricky's Candy, Cones & Chaos | 10 years |
| Renewal Fee | |
| Gigi's Cupcakes | |
| Ricky's Candy, Cones & Chaos | |
Business Experience Requirements |
|
| Experience | |
| Gigi's Cupcakes | You will need prior experience in running a business, preferably retail. Passion - We want you to be excited and enthusiastic about owning a cupcake shop. Involvement - You are expected be involved in your business on a daily basis, because we find greater success with owners that are actively involved in the operation of their shop. This business requires real commitment, attention to detail, and hard work. |
| Ricky's Candy, Cones & Chaos | General business experience Work well with children |
Financing Options |
|
| Franchise Fees | |
| Gigi's Cupcakes | |
| Ricky's Candy, Cones & Chaos | |
| Start-up Costs | |
| Gigi's Cupcakes | |
| Ricky's Candy, Cones & Chaos | |
| Equipment | |
| Gigi's Cupcakes} | |
| Ricky's Candy, Cones & Chaos | |
| Inventory | |
| Gigi's Cupcakes | |
| Ricky's Candy, Cones & Chaos | |
| Receivables | |
| Gigi's Cupcakes | |
| Ricky's Candy, Cones & Chaos | |
| Payroll | |
| Gigi's Cupcakes | |
| Ricky's Candy, Cones & Chaos | |
Training & Support |
|
| Training | |
| Gigi's Cupcakes | On-The-Job Training: 91 hours Classroom Training: 52 hours |
| Ricky's Candy, Cones & Chaos | |
| Support | |
| Gigi's Cupcakes | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Ricky's Candy, Cones & Chaos | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Gigi's Cupcakes | Ad Templates National Media Social media SEO Email marketing Loyalty program/app |
| Ricky's Candy, Cones & Chaos | Co-op advertising, National media, Regional advertising |
| Operations | |
| Gigi's Cupcakes | |
| 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 | |
| Gigi's Cupcakes | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Ricky's Candy, Cones & Chaos | |
| Canada Expansion | |
| Gigi's Cupcakes | |
| Ricky's Candy, Cones & Chaos | |
| International Expansion | |
| Gigi's Cupcakes | |
| Ricky's Candy, Cones & Chaos | |