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Below is an in-depth analysis and side-by-side comparison of Schakolad Chocolate Factory vs Candy Bouquet including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $121,500 - $153,500 | $5,900 - $33,000 |
Franchise Fee | $39,500 | $3,600 - $29,000 |
Royalty Fee | $600-$1K/mo. | 0 |
Advertising Fee | $100/mo | - |
Year Founded | 1995 | 1989 |
Year Franchised | 1999 | 1993 |
Term Of Agreement | 5 years | 5 years |
Term Of Agreement | 5 years | 5 years |
Renewal Fee | 20% of current franchise fee | 25% of original fee |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | No/No |
Start-up Costs | No/Yes | No/No |
Equipment | No/Yes | No/No |
Inventory | No/Yes | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | - | - |
Support | Newsletter, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | Newsletter, Meetings, Toll-free phone line, Internet |
Marketing | Co-op advertising, Regional advertising | Co-op advertising, Ad slicks |
Operations |
0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 5
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Franchise can be run from home. 1% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is allowed. (97% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | Yes | Yes |
When Edgar Schaked graduated from Florida International University in Miami with a degree in mechanical engineering, he told his father he didn't want to be an engineer, he wanted to be a chocolate maker. Schaked's father, Baruch, had been making chocolates for more than 25 years, working in a chocolate factory in the family's native Argentina, studying different techniques throughout Europe, and opening his own shop in Miami. From his father, Schaked learned the essentials of chocolate making and together they opened Schakolad Chocolate Factory in Winter Park, Florida, in 1995. Each shop features handmade chocolate treats including truffles, boxed assortments and chocolate body paint. Schakolad Chocolate Factory also custom-designs chocolate gifts and promotional items for corporate clients.
Flowers and candy have always gone together, but for Margaret McEntire, that combination created a business that now boasts storefront and homebased franchises in 49 states and 44 countries.
Candy Bouquet was born in a Little Rock, Arkansas, garage, where McEntire created arrangements using candies and chocolates in place of flowers. Now franchisees worldwide sell, ship and deliver the bouquets, which can also include cookies, balloons and stuffed animals.