Ricky's Italian Ice

Founded: 2009 Franchising since: 2009

2 Bonwick Ct. The Woodlands, Texas 77382

Phone: (281)681-1512/ (936)827-1081

Franchisor is a privately-held company with 2 employee(s)

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2009	0	0	0	1
2008	N/A	N/A	N/A	N/A
2007	N/A	N/A	N/A	N/A
2006	N/A	N/A	N/A	N/A
2005	N/A	N/A	N/A	N/A

Where Seeking Franchisees
In the U.S. South
Worldwide

Exclusive territories available.

Total investment: $98.8K-195K Franchise fee: $30K

Ongoing royalty fee: 8% Term of agreement: 15 years, renewable

Type of Financing Available

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

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

• Industry experience
• General business experience
• Marketing skills

Operations

• Number of employees needed to run franchised unit: 5 - 6
• Absentee ownership of franchise is allowed.

Training

• At franchisee's location: 5-7 days+

Ongoing Support

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

Marketing Support

• Ad slicks
• Regional advertising