Candy Bouquet Franchise Cost & Fees
Date Incorporation: 1989
Franchising Since: 1993
Headquarters: Little Rock, Arkansas
Business Description: The franchisor is Candy Bouquet International (CBI). Candy Bouquet retail stores specialize in a unique system of florally arranged candy on stems to emulate flowers. Stores also offer candies of the highest quality sold in sacks, boxes, or loose in bins. The “floral type” arrangements can be custom made to order and may contain gift items and paper goods as well as candy arranged florally.
Franchise Offer: CBI licenses the use of its name and trademark) to be used with the retail sale of Candy Bouquet arrangements and other candy and gift items. The franchisee will prepare Candy Bouquets with high quality specially candies such as hard candies, chocolates, gums, decorative flowers, leaves, small toys and paper goods in a variety of selected containers.
Financial Assistance: CBI does not arrange for, or guarantee any of the franchisee’s obligations in opening and operating a Candy Bouquet retail operation.
Training and Assistance: The training course lasts for four and one half days. The actual time will vary depending upon the artistic, creative, and business skills of the franchisee and his or her employees. CBI may schedule refresher-training courses if the need arises to inform franchisees and their employees of new products or methods of design and operation.
Territory: CBI will grant an Exclusive Territory to be determined by negotiation between the franchisee and CBI. The Exclusive Territory will be defined as a zip code, city, town, or county or other geographic subdivision and must be contiguous. The population of the territory will be determined by the local Chamber of Commerce, a business control atlas, United States Postal Service, or Census Bureau statistics. Franchisees may open more than one store within their Exclusive Territory. CBI will not establish a CBI-owned store or sell another Candy Bouquet franchise within the franchisee’s Exclusive Territory.
Term of Agreement and Renewal: The length of the initial franchise term is for five years from date of Franchise Agreement and applies to the original contract owner. Renewals are extended to all franchisees who are not In default of current their Franchise Agreement or any other agreement with CBI. The renewal terms are for five-year periods.
Obligations and Restrictions: If the franchisee is an individual, he or she must provide direct, on-premises supervision of the business. If the franchisee is a business or legal entity, the person who owns the majority interest must provide direct on-site supervision. A manager that has successfully completed CBI's training course must directly supervise the business. The manager or any employee cannot have an interest or business relationship with any of CBI's business competitors.
Estimated Number of Units: 300
|Name of Fee||Estimate|
|Initial Franchise Fee||$10,500|
|Living Expenses While Training||$500|
|Real Estate Improvements||$175|
|Utility Deposits, and Insurance||$200|
|Rent, first month||$0|
|Estimated Total Initial Investment||$17,170|
|Name of Fee||Low||High|
|Initial Franchise Fee||$13,500||$52,500|
|Living Expenses While Training||$500|
|Real Estate Improvements||$1,500||$6,000|
|Utility Deposits, and Insurance||$400||$600|
|Rent, first month||$500||$1,500|
|Estimated Total Initial Investment||$22,500||$68,050|
|Type of Fee||Amount|
|Advertising||$2,000 can be assessed for out of territory advertising.|
|Additional Assistance||$50 per hour|
|Renewal||25% of Initial Franchise Fee.|
|Monthly Association Fee||Based on population|
|On-Site Inspection Fee (Upon the franchisee’s request)||$50 per hour plus expenses.|
|Continuing Inventory||$1,000 - $2,000|
|Mass Media Advertising -Breach of Contract Fine||$2,000|
|Training||Initial Franchise Fee pays training fee for two people|
|Web Sitelets||$26.95; optional|
Year of FDD: 2012
The above information has been compiled from the FDD of Candy Bouquet International.
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