What is the range for the initial franchise fee for a standard Flowerama center with leased real estate?
Flowerama Franchise · 2024 FDDAnswer from 2024 FDD Document
icipate in this program, if reinstated, you will be billed monthly for your participation if 1-800-Franchise charges a marketing fee.
ITEM 7 ESTIMATED INITIAL INVESTMENT
| Your Estimated Initial Investment Standard Flowerama Center Real Estate Leased | |||||
|---|---|---|---|---|---|
| Method Of | |||||
| To Whom Payment Is | |||||
| Type Of Expenditure | |||||
| Amount4 | |||||
| Payment | |||||
| When Due | |||||
| To Be Made | |||||
| Initial Franchise Fee1 | $17,500 - $35,000 | Cashier's Check | On signing Franchise Agreement | Us | |
| Travel and Living | $1,000 - $8,000 | As incurred | During training | To Airlines, Hotels, | |
| Expenses while Training2 | Restaurants | ||||
| Leasehold and | $40,000 - $325,000 | As incurred | Before opening | To supplier | |
| Improvements3 | |||||
| Equipment | $35,000 - $75,000 | As arranged | Before opening | To supplier | |
| Fixtures | $20,000 - $40,000 | As arranged | Before opening | To supplier | |
| Signs | $10,000 - $15,000 | As arranged | Before opening | To supplier | |
| Awnings | $7 |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 19–29)
What This Means (2024 FDD)
According to Flowerama's 2024 Franchise Disclosure Document, the initial franchise fee for a standard Flowerama center with leased real estate ranges from $17,500 to $35,000. This fee is payable via cashier's check when signing the Franchise Agreement, and it is paid directly to Flowerama.
This initial franchise fee is part of the total estimated initial investment for a standard Flowerama center with leased real estate. Other expenses include travel and living expenses while training ($1,000 - $8,000), leasehold and improvements ($40,000 - $325,000), equipment ($35,000 - $75,000), fixtures ($20,000 - $40,000), signs ($10,000 - $15,000), awnings ($7,500 - $40,000), and opening merchandise inventory ($25,000 - $75,000).
Prospective franchisees should note that this fee is non-refundable. It is important to have the full amount available when signing the agreement. Franchisees should also consider the other initial investment costs, which can vary widely based on location, size, and other factors. Reviewing these estimates with a business advisor is recommended before making a final decision.