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Below is an in-depth analysis and side-by-side comparison of Candy Bouquet vs The Fudge Company including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $5,900 - $33,000 | $32,000 - $45,000 |
Franchise Fee | $3,600 - $29,000 | $12,500 - $15,000 |
Royalty Fee | 0 | 3% |
Advertising Fee | - | - |
Year Founded | 1989 | 1978 |
Year Franchised | 1993 | 1981 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal 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/No | No/No |
Start-up Costs | No/No | No/No |
Equipment | No/No | No/No |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Internet | Grand opening |
Marketing | Co-op advertising, Ad slicks | - |
Operations |
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) |
20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 95% of current franchisees are owner/operators |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | Yes | Yes |
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.
Based in Charlevoix, Michigan, The Fudge Company began in 1978 and started franchising in 1981.