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Below is an in-depth analysis and side-by-side comparison of KaBloom vs Flower Tent including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $176,000 - $302,000 | $26,750 - $69,500 |
Franchise Fee | $30,000 | $15,000 |
Royalty Fee | 4.5-5.5% | 6% |
Advertising Fee | - | - |
Year Founded | 1998 | 1992 |
Year Franchised | 2001 | 2009 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | Flower Tent is seeking individual franchise partnerson throughout the United States as well as multi-unit development partners domestically and internationally. To be considered, individuals or partnerships must meet the following minimum criteria: *Demonstrated enthusiasm, drive, and passion *Management Experience *Love working with Retail *Minimum financial net worth of $25,000 |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | *Real Estate and Site Selection *Pre-opening *Management Training *Vendors and Equipment *Opening Support *Information Technology *Marketing and Public Relations *Operations Support *Purchasing and Distribution |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is allowed. (85% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
KaBloom was founded by Thomas Stemberg, CEO of Staples, and David Hartstein, co-founder of Super Office, an Israeli office supply chain. Inspired by European flower shops, KaBloom locations carry as many as 250 varieties of fresh-cut flowers, all bought directly from growers.