We received the following sad message via email from Liliana Carvalho, the owner of the Ricky’s Candy, Cones & Chaos franchise location in Summit, NJ:
Ricky’s Candy,Cones and Chaos of Summit will be closing its doors forever after Nov 15th.
I am the current owner Liliana Carvalho and within the last 20 months have lost over $400k in this Franchise.
It is sadly coming to an end, since I cannot any longer afford to continue to pour money into a failed business concept, which was sold to me as a Sweet profitable Candy and Ice Cream Franchise, early 2008 by Rick Barber ( Franchise owner) and by Mike Kapp (former owner of the Ricky’s Summit location).
I would like to thank all my clients for their patronage during the last 20 months. Wishing them and their families the best and hopefully our paths will cross again in the near future.
According to a May, 2004 press release posted on the Ricky’s website,
As a retail chain, Ricky’s Candy, Cones & Chaos is a new version of the “Old Time Candy and Ice Cream Store” with scheduled openings starting in May 2004. With three concurrent store openings starting with Summit NJ ; Princeton NJ ; and Rockefeller Center , NYC, Ricky’s Candy, Cones & Chaos is focusing its future growth on upscale suburban downtowns where retail activity is on the rise.
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