If you’re an entrepreneur looking for a fresh opportunity, or you’re a multi-unit owner with an eye to add value to your portfolio, consider FruitFlowers, one of the world’s most beloved and leading gift and treat destinations.
|
Below is an in-depth analysis and side-by-side comparison of FruitFlowers vs Penn Station East Coast Subs including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $147,000 - $218,950 | $383,844 - $613,764 |
Franchise Fee | $35,000 | $25,000 |
Royalty Fee | 5 % of gross sales | to8% |
Advertising Fee | up to 2% of gross sales | 2-3% |
Year Founded | 1984 | 1985 |
Year Franchised | 1993 | 1988 |
Term Of Agreement | - | 5 years |
Term Of Agreement | - | 5 years |
Renewal Fee | - | $2500 |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
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 |
||
Training | The training program includes all facets of shop operations including hands-on instruction in the creation of our designs. During the three-week program, training includes:
* FruitFlowers design training * Purchasing * Organization of delivery system * Order taking * Staff development * Management techniques * Bookkeeping procedures * Advertising and marketing * Public relations plan | On-The-Job Training: 202-299 hours Classroom Training: 25-33 hours |
Support | As a FruitFlowers Franchise Partner you get:
* Intensive hands-on training at our Philadelphia based facility covering everything from product creation to staff development
* Site selection, facility layout and design assistance * Extensive marketing and public relations support, including a customized webstore on FruitFlowers.com * Our National Franchise Conference held annually in a selected location Best of all, you get the exclusive use in your territory of the most respected name in the business - FruitFlowers! | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 15 |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | No | No |
If you’re an entrepreneur looking for a fresh opportunity, or you’re a multi-unit owner with an eye to add value to your portfolio, consider FruitFlowers, one of the world’s most beloved and leading gift and treat destinations.