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Below is an in-depth analysis and side-by-side comparison of Candy Bouquet vs Sir Chocolate 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 | $41,300 - $136,500 |
Franchise Fee | $3,600 - $29,000 | $25,000 |
Royalty Fee | 0 | 5% |
Advertising Fee | - | - |
Year Founded | 1989 | 2003 |
Year Franchised | 1993 | 2004 |
Term Of Agreement | 5 years | 7 years |
Term Of Agreement | 5 years | 7 years |
Renewal Fee | 25% of original fee | $5K/$10K |
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 | - | * Available at headquarters: 3 days * At franchisee's location: 3-5 days |
Support | Newsletter, Meetings, Toll-free phone line, Internet | - |
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) | * Franchise can be run from home * Number of employees needed to run franchised unit: 2 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | 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.
NO LONGER FRANCHISING
Sir Chocolate began as a one-man operation with only a single chocolate fountain. Since then, the company has expanded from a homebased business into a combination warehouse, kitchen and office. The lone fountain has grown into a mobile chocolate fountain cart made for special events, a retail outlet and fondue gift baskets. Franchisees have three options for running their business: catering, retail and a retail-vending cart.